scholarly journals Green, affordable housing. Enhancing residential operational utility efficiency for low-income households. A integrated systems thinking approach.

2017 ◽  
Keyword(s):  
Systems Thinking ◽  
Affordable Housing ◽  
Low Income ◽  
Integrated Systems ◽  
Systems Thinking Approach ◽  
Low Income Households

Public Housing and Vouchers

2013 ◽  
Author(s):  
Alex Schwartz
Keyword(s):  
Public Housing ◽  
Affordable Housing ◽  
Low Income ◽  
The United States ◽  
Housing Subsidy ◽  
Housing Program ◽  
Design Evolution ◽  
Advantages And Disadvantages ◽  
Privately Owned ◽  
Low Income Households

Public housing and rental vouchers constitute two distinct forms of housing subsidy in the United States. Public housing, the nation’s oldest housing program for low-income renters provides affordable housing to about 1.2 million households in developments ranging in size from a single unit to multibuilding complexes with hundreds of apartments. The Housing Choice Voucher Program, founded more than 35 years after the start of public housing is now the nation’s largest rental subsidy program. It enables around 2 million low-income households to rent privately owned housing anywhere in the country. Although both programs provide low-income households with “deep” subsidies that ensure they spend no more than 30 percent of their adjusted income on rent, and both are operated by local public housing authorities, they offer distinct advantages and disadvantages. This chapter reviews and compares the two programs, examining their design, evolution, and strengths and weaknesses, including issues of racial segregation and concentrated poverty.

Housing Choice as a Function of Risks Confronting Low-income Households

2019 ◽  
Vol 19 (1) ◽  
pp. 100-118
Author(s):  
Anand Sahasranaman ◽  
Vishnu Prasad ◽  
Aditi Balachander
Keyword(s):  
Affordable Housing ◽  
Low Income ◽  
Rental Housing ◽  
Urban Residents ◽  
Jel Codes ◽  
Rental Markets ◽  
Health And Mortality ◽  
Over Time ◽  
Low Income Households

The design of housing solutions for low-income populations has been one of the most pressing policy concerns in developing countries like India. In this work, we explore the effect of risks confronting low-income households—unemployment, health and mortality—on their choice of housing arrangements. We use simulations to study the evolution of long-term wealth of a stylised low-income household faced with these risks and find that, on average, rental housing significantly reduces the risk of undesirable wealth fluctuations over time. From a policy perspective, this means greater focus and incentives for the development of low-income rental markets using strategies such as provision of rental vouchers, rent-to-own models or long-term leases, in addition to the traditional ownership-based housing strategies. The development of housing solutions encompassing a range of rental and ownership models will be critical to ensuring the availability of safe and affordable housing for all urban residents. JEL Codes: C63, O18

scholarly journals Can Malaysia’s National Affordable Housing Policy Guarantee Housing Affordability of Low-Income Households?

2021 ◽  
Vol 13 (16) ◽  
pp. 8841
Author(s):  
Jian Liu ◽  
Huay Ying Ong
Keyword(s):  
Housing Policy ◽  
Affordable Housing ◽  
Low Income ◽  
Household Income ◽  
Housing Affordability ◽  
Housing Policies ◽  
Compliance Cost ◽  
Income Groups ◽  
Low Income Groups ◽  
Low Income Households

Housing affordability is a long-held issue in Malaysia, and housing policies have been implemented for low-income households over the years. However, there is a contradiction that housing affordability of low-income households has not been met, while the bulk of affordable housing is still vacant. In 2019, Malaysia enacted the National Affordable Housing Policy (DRMM) which was intended to improve housing affordability for low-income groups. This paper aims to answer why Malaysia’s long-term implementation of affordable housing policies cannot guarantee housing affordability, and whether the DRMM can effectively improve housing affordability as expected, by comparing the empirical factors of housing affordability. A literature review and a comparative analysis are adopted in the research. The paper concludes that low household income, high land price, construction cost and compliance cost, mismatch of supply and demand in terms of quantity, the instability of the national economy, low home financing ability, and incomprehensive housing planning have caused low housing affordability of low-income groups in Malaysia. The DRMM as anticipated can improve housing affordability by supplying affordable housing more precisely, lowering housing costs, and improving home financing ability. However, the exclusion of household income and economic factors may cause the ineffectiveness of the DRMM in improving housing affordability for low-income households.

scholarly journals Social policies, financial markets and the multi-scalar governance of affordable housing in Toronto

Urban Studies ◽  
2019 ◽  
Vol 57 (13) ◽  
pp. 2628-2645
Author(s):  
Beibei Zhang
Keyword(s):  
Financial Markets ◽  
Affordable Housing ◽  
Low Income ◽  
Policy Documents ◽  
Housing Needs ◽  
Nuanced Understanding ◽  
Definition Of ◽  
Relationship Of ◽  
Low Income Households

While housing has been a central object of financialisation, questions regarding how multi-scalar states shape the financialisation of housing remain under-researched. I address this knowledge gap through a case study of the financialisation of affordable housing in Toronto. By analysing pertinent policy documents, I examine the roles and relationship of the federal, provincial and local states in the financialisation of affordable housing. Two findings are highlighted. (1) Although policies from all levels of government show traits of financialisation – in terms of both the connection between social policy and financial markets, and financialised ideologies prevailing in policy discourses, the extent and pattern of the manifestation of financialisation are distinct. This research thus calls for a nuanced understanding of the state’s role in the financialisation of housing from a multi-scalar perspective. (2) Affordable housing policies usually do not give an explicit definition of ‘affordable’. By scrutinising the policy specifications, I found that the target group is mainly moderate-income, rather than low-income, households. It will be increasingly difficult for low-income households to meet their housing needs.

scholarly journals A National Study on Transportation Affordability of HUD Housing Assistance Programs

2019 ◽  
Vol 12 (1) ◽  
pp. 123
Author(s):  
Jinat Jahan ◽  
Shima Hamidi
Keyword(s):  
Affordable Housing ◽  
Low Income ◽  
Transportation Cost ◽  
Subsidized Housing ◽  
Transportation Costs ◽  
National Study ◽  
Cost Models ◽  
Housing Assistance ◽  
Assistance Programs ◽  
Low Income Households

This national study is an effort to measure transportation costs and affordability for the major Housing and Urban Development (HUD) housing assistance programs since the transportation costs are the second largest expense of American households. This study estimates transportation costs for 76,000 address level properties from seven major HUD-designated affordable housing programs. Our transportation cost models are tailored for low-income households and account for built environmental determinants of travel, known as D variables, at the disaggregated level. We found that more than 44% of these properties in 326 U.S. metropolitan areas are unaffordable in terms of transportation costs. That could result in a waste of over $37.9 billion HUD spends annually to run these programs and subsidize housing for low-income families while some of these families spend substantial amount of their income on transportation. Our findings suggest that the provision of subsidized housing in mixed use, and transit-served neighborhoods would help low-income households to reduce their transportation costs even in auto-oriented sprawling regions. This study concludes with policy recommendations to local and federal governments and transit agencies on ways to incorporate transportation parameters to ensure true affordability for low-income residents of subsidized housing.

Housing market will be an election issue in Canada

2021 ◽  
Keyword(s):  
Housing Market ◽  
Affordable Housing ◽  
Low Income ◽  
Home Ownership ◽  
House Prices ◽  
Housing Demand ◽  
Credit Crunch ◽  
Content Type ◽  
Low Income Households

Significance A collapse in the housing market, which would hit indebted Canadians hard and contribute to a credit crunch that impacts the wider economy, remains unlikely but record house prices and the lack of affordable homes will be issues in the upcoming election. Impacts Consistently high house prices may see young and low-income households give up the idea of home ownership altogether. The prolonged failure of government to ensure more affordable housing will mean widening disparities between owners and renters. Housing demand in smaller markets around major cities, boosted by the pandemic, will cool with a return to office working.

Everything Old is New Again: Affordable Housing and WAGES

2000 ◽  
Vol 22 (1) ◽  
pp. 44-46
Author(s):  
Michele Ogilvie
Keyword(s):  
Welfare Reform ◽  
Housing Market ◽  
Affordable Housing ◽  
Low Income ◽  
Economic Status ◽  
Housing Assistance ◽  
Assistance Programs ◽  
The City ◽  
Local Levels ◽  
Low Income Households

Enactment of welfare reform, changes in housing assistance programs, and the devolution of control from the federal to local levels is about to have a significant impact on the housing market. The significance of these changes will be experienced differently, depending on social and economic status. For those in the middle and upper income brackets, changes will probably not be noticeable. For many low-income households and the communities in which they reside, change will be dramatic. This article's observations and comments will be limited to the city of Tampa rather than being expressed in universal terms.

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