3 Reasons Affordable Housing Creates a Better World
A house is not just a house, it is a home – a place that shelters, protects, and nurtures. It offers a safe space for the people inside to thrive and supports their personal and professional development.
We believe affordable housing is not a hand out. It’s a hand up. It gives families’ the ability to reimagine their future without the high cost of rent.
In San Gabriel Valley, the need for affordable housing is apparent. The cost to rent or purchase housing has become less affordable for millions of Californians. What needs to be known is the impact affordable housing can make to families and the community.
Affordable Housing is Great for Kids
Stable, affordable housing is important for children’s future. A study done by Boston College and the MacArthur Foundation detailed how poor quality housing is tied to children’s emotional and behavioral problems.
The National Low Income Housing Coalition reported poor housing quality and residential instability are the strongest predictions of behavioral problems among low-income children.
“Addressing housing affordability is the most cost-effective way of lifting people out of poverty, for reducing childhood poverty and increasing economic mobility, says Sarah Mickelson, senior director of public policy at the National Low Income Housing Coalition.”
For children, a stable place to call home gives them an adequate space to study and the possibility to make a better future for themselves. With a room for a small desk and parent’s ability to spend more time with their children – all of these benefits can lead to a happier and healthier family.
It Builds Sustainable Communities
The need for affordable housing is imperative, not only for families who rely on housing, but neighborhoods. Having affordable housing developments in neighborhoods bring a positive impact on the surrounding communities. SGV Habitat works with city governments, housing organizations, and community advocates to create communities for families to thrive in.
Studies have shown affordable housing uplifts residents, encourages social connection, reduces overcrowding, increases adjacent property values, attracts businesses and jobs, and lowers crime rates.
There are many economic benefits of affordable housing. From increased spending, increased hiring, and increased taxes and revenue for local governments, affordable housing can help communities thrive as well. When families worry less about making rent, those living in affordable housing can spend more on more nutritious food and other essential items. Increasing the buying power for low-income families can mean steady income for local businesses, more job creations, and economic growth. This is proven as more and more shops, restaurants and healthcare facilities open where the NHP Foundation has properties.
Affordable housing developments encourage diversity by creating communities where people of different cultural, socio-economic, and educational backgrounds can unite. Diverse communities increase the knowledge of cultural sensitivity, fairness, and understanding of different backgrounds – ultimately creating a better community overall.
“Community-building investments that help neighbors from diverse backgrounds overcome their fears and suspicions and build positive social relationships across racial and ethnic lines may also help strengthen and stabilize newly diversifying neighborhoods and enable residents to enjoy the potential benefits,” according to a study by the Urban Institute.
By supporting affordable housing in your community, you will be helping a family finally buy their first home, children being able to study in their own rooms, build a stronger and more vibrant community, and much more.
How You Can Help
- Help sustain and expand the Healthy Homes initiatives at the federal, state and local levels, including public-private collaborative programs
- Strengthen enforcement of fair housing laws, including the Fair Housing Act and other state and local regulations prohibiting racial discrimination in housing markets
- Donate now to show your support to fix the housing crisis in the San Gabriel Valley and beyond