Vouchers lead to better outcomes than other interventions
Families receiving Housing Choice Vouchers experience better outcomes after 18 months than those receiving other types of housing interventions, finds research by the Department of Housing and Urban Development and Vanderbilt University. The study, only halfway complete, compares vouchers to three other types of housing aid: emergency shelters, temporary rental assistance for private housing and time-limited housing with supportive services. The Atlantic
(7/2015)
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Are inclusionary housing's trade-offs worthwhile?
Cities such as Boston and New York have inclusionary housing policies requiring that luxury residential buildings include affordable units. Experts say more units could be built in lower-cost neighborhoods for the same cost, but the benefit of such policies is that they create mixed-income buildings and neighborhoods. Bloomberg
(7/14)
Success of new housing rule depends on action, experts say
An Obama administration rule meant to discourage housing policy decisions that promote racial segregation will be effective only if local, state and federal government officials embrace it, some experts say. Under the change, federal officials will require cities to look for discrimination in their housing patterns and set goals to improve. "The assumption is that every jurisdiction wants to integrate and they don't have the info to do so, and that's a very optimistic viewpoint," said Richard Rothstein of the Economic Policy Institute. NBC News
(7/12)
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Groups urge change
in mortgage lender liability
Federal officials should hold lenders liable for triple damages only when they make mistakes knowingly or recklessly when issuing mortgages, says a broad group that includes the Mortgage Bankers Association, researchers from the Urban Institute and Moody's Analytics, and more than a dozen advocacy groups. Big fines for minor mistakes have kept banks from lending to marginal borrowers, some say. The Wall Street Journal (tiered subscription model)
(7/15)
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| Location, Location, Location |
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Study: Energy upgrades to NYC apartments would pay off
New York City's 1.5 billion square feet of large multifamily buildings could make $2.1 billion worth of energy-related improvements, according to a report from the Building Energy Exchange. More than half of the improvements would recover investment cost within five years, and 78% would recover the costs within a decade, the report said. Crain's New York Business
(7/14)
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| About How Housing Matters |
The How Housing Matters research initiative seeks to explore whether, and if so how,
having a decent, stable, affordable home leads to strong families and vibrant
communities. Research is showing that stable, quality housing has value beyond
the provision of shelter; it improves school performance, diminishes health problems
for children and adults, and decreases psychological stress. By illuminating the ways
in which housing matters and highlighting innovative practices in the field, we hope
to encourage collaboration among leaders and policymakers in housing, education, health,
and economic development to help families lead healthy, successful lives. How Housing
Matters is an initiative of the John D. and Catherine T. MacArthur Foundation.
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