A Place to Call Home, a Campaign for Housing and Community Development (CHCDF) report, highlights how federal investments in affordable housing and community development have a positive impact on low income households and the U.S. economy. Increasing and preserving access to affordable housing in areas of opportunity helps families climb the economic ladder, leading to greater community development and bolstering economic productivity and job creation.
Despite their proven track record, affordable housing programs administered by the U.S. Departments of Housing and Urban Development (HUD) and Agriculture (USDA) have been chronically underfunded, while the need for affordable housing continues to grow. More families now spend the majority of their income to keep a roof over their heads, family and young adult homelessness rates are rising in many communities, and much of our nation’s affordable housing infrastructure is deteriorating.