Wharton Public Policy Initiative

Publication Date

6-17-2019

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Volume

7

Number

4

Document Type

Brief

Summary

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.

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Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Keywords

housing policy, 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

The U.S. Needs a National Vision for Housing Policy

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