Report Finds Housing Choice Vouchers Significantly Reduce Poverty

The Urban Institute released a study exploring whether full funding for and comprehensive use of the Housing Choice Vouchers program would further reduce poverty. The study models an expansion of the Housing Choice Voucher program on the basis of the share of eligible households that could receive subsidies and assesses the probable impact of an expansion state by state. The study finds that under this scenario, housing subsidies would increase by $118 billion, leading to a 13% decline in poverty and a 23% decline in child poverty. The study finds that such a reduction in the poverty rate would also impact racial equity, with the biggest relative declines in poverty occurring in Hispanic populations. Read the report here.