Showing posts with label Seattle. Show all posts
Showing posts with label Seattle. Show all posts

Tuesday, November 28, 2023

Conference Assesses Positive Housing Opportunity Programs

"Connecting HUD-Assisted Renters to Opportunity"

A recent HUD report published in HUD User reports on the Bipartisan Policy Center's August, 2023 online event, “Investing in Opportunity: Rental Assistance and Neighborhoods of Choice,” featuring recent research from Opportunity Insights (OI) on the Seattle-based "Creating Moves to Opportunity" program along with a general discussion of the challenges and benefits for housing choice voucher (HCV) recipients moving to low-poverty, high-opportunity neighborhoods.

OI detailed recent research showing that children's upward economic mobility varies widely across neighborhoods nationwide. Studies have also shown that moving to higher-opportunity neighborhoods at younger ages can significantly improve outcomes later in life. Considerable research demonstrates that housing location affects essential outcomes, such as income and health, for residents, and that living in low-poverty neighborhoods with high-quality schools and low crime rates is associated with increased economic mobility and other positive effects. However, housing in these neighborhoods often is unaffordable for low-income families. 

Low-income families trying to access housing in high-opportunity neighborhoods face two big challenges: (1) finding a home to rent - one-third of high-opportunity neighborhoods are "rental deserts," many with exclusively or primarily single-family homes - and (2) being able to afford the rent. The assistance of counselors or coaches can help, especially when they are members or representatives of the community. 

For landlords, participation in the HCV program involves additional steps and paperwork, producing delays and uncertainty. Enterprise Community Partners urged policy changes to lower the regulatory burden for landlords to participate in the program and reduce the time to lease to a voucher holder.

Programs that provide housing vouchers and also ensure that the vouchers compete with market-rate rents, lower regulatory burdens for landlords, and provide additional financial supports can help low-income renters move to opportunity neighborhoods. Seattle's "Creating Moves to Opportunity" program and programs providing mobility-related services under HUD's Community Choice Demonstration are successful at increasing opportunity for HUD-assisted renters. 

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Source: Read the October 3, 2023 HUD User report.