The Far Reaching Benefits of Affordable Homes

The benefit of affordable housing is obvious. However, the correlated relationship between affordable housing and mental, physical, and academic well-being is generally less well-known. Research has shown that the stability of an affordable mortgage or rent can have profound effects on childhood development, school performance, and health outcomes for families and individuals.1

In addition to providing families a roof over their heads, the development of affordable housing also yields positive outcomes at the community level by increasing spending and employment in the surrounding economy, thereby acting as an important source of revenue for local governments.2

 

1 http://www2.nhc.org/media/files/Housing-and-Economic-Development-Report-2011.pdf
2 http://www.bigskyeconomicdevelopment.org/wp-content/uploads/the-role-of-affordable-hous
ing-in-creating-jobs-and-stimulating-local-economic-development.pdf