New research from the Center on Budget and Policy Priorities (CBPP) shows that federal rental assistance reduces crowding, housing instability, and homelessness, lifts individuals out of poverty, boosts children's life outcomes, and improves adult well-being & health costs.
However, while federal rental assistance helps to lift 3 million people out of poverty, nearly 16 million people that need rental assistance do not receive it due to lack of federal funding. Because of the measurable benefits of federal rental assistance to low-income individuals and families, CBPP recommends policymakers ensure adequate funding for the HCV program & Project-Based Rental Assistance and expand this assistance to help more people who need it.
CBPP will host a webinar discussing their research findings on Tuesday, January 14 from 2:00- 3:00 p.m. ET. Register for the webinar here.