Stable housing — housing that is safe, healthy and affordable — is foundational to individuals and families, to the communities in which we live and to the economies in which we all participate.
Increased family stability and economic mobility, a greater sense of dignity and civic pride, stronger and more vibrant communities that can attract and keep business and manufacturing — these are all connected to stable, decent, affordable housing.
But millions in the U.S. struggle daily with housing costs. Even before the pandemic, 1 in 3 families were already paying more than 30% of their income on housing costs. Worse, 1 in 6 families were already paying half or more on housing — a level deemed “severely cost-burdened.” In the State of California, 1 in 5 households spend more than half their income on housing.