The U.S. Needs a National Vision for Housing Policy
Penn collection
Degree type
Discipline
Subject
housing policy in the united states
affordable housing policy
percentage of income for housing
housing as percentage of income
U.S. Department of Housing Urban Development
HUD
Housing Choice Voucher program
HCV
Affir¬matively Furthering Fair Housing
Homeownership rates by race ethnicity of household head
Housing vacancy
Land-use regulation
Small Area Fair Market Rents
SAFMRs
Low-Income Housing Tax Credit
LIHTC
Affirmatively Furthering Fair Housing
AFFH
Economic Policy
Growth and Development
Income Distribution
Infrastructure
Public Policy
Urban Studies
Urban Studies and Planning
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Abstract
Recent demographic changes—the sharp increase in single-person households, especially among single individuals over the age of 65, as well as racial disparities in homeownership and the increasing cost burden of home rentals—are underscoring the need for a new vision with respect to U.S. housing policy. This Issue Brief lays out several policy prescriptions for improving housing affordability and fairness, both for renters and owners: modifying the federal Housing Choice Voucher program as well as local and state land-use regulations; investing in the maintenance of existing affordable housing stock; making good on HUD’s Affirmatively Furthering Fair Housing requirements so as to reduce fair housing barriers; and promoting financing programs for retrofitting existing low-income housing, to increase energy efficiency and reduce overall costs.