Housing markets
The economic and social ladder
Community access to surrounding environment
Federal gov’t can help with Housing choice vouchers
Subsidized rent in private sector
To get out of public projects
Retrenchment in concentrated poverty since 2000
Federal income supplements such as the Earned Income Tax Credit can play an important role in making housing more affordable for low-income families
How are the poor faring in the ownership society?
Abject poverty in New Orleans
School choice vouchers
Out of wedlock births and teen pregnancy or non-marital births
40% are living below the poverty level
Extreme poverty
Norms exist from multiple generations, peer pressure
Home vouchers are school vouchers
Decades of research
Two parent home environment is best
Strong connection between out of wedlock births and extreme poverty
The social class gap in growing
Our middle class is shrinking
Poverty is 18,000 for a family of 4
More and more moving into the 25,000 income level – moderate poverty
This moderate income level is only possible when both parents work outside the home
The federal governments role is to create effective policy tools and funding including
Home vouchers, mixed income housing, earned income tax credits
The 550 million dollar program reduced to 100 million and since dropped completely
Public housing money to restore the 5% poorest housing into economic integrated/mixed housing – now all funding has stopped
More housing units for medrate and middle income housing
Don’t segregate the poor form jobs and schools
Economic and social mobility is slowing
Concentrated clusters of poverty in the cities
Causes are due to the reduced manufacturing industry, the 1950 interstate highway system, opened up suburbia to development but isolated the poor in the ghettos,
Destroyed moderate income homes, large congregate apartments segregated the poor from middle class schools and jobs
Less and less social mobility
Inclusionary zoning
Manufacturing dropped from 25% to 10%
Milwaukee, Cleveland, Philly, Detroit, the great migration north, in 20th century
95% concentrated poverty, in spite of the barriers they face at home and in their neighborhood,
Need mor access to integrated neighborhoods both racially and economically
The suffer disproportionately
The need to include low and moderate housing in your developments, inclusionary housing
