Research shows connection between rent increases and homelessness - - PowerPoint PPT Presentation

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Jul 18, 2023 46 likes •127 views

Research shows connection between rent increases and homelessness $100 rent increase associated with: 6% increase in homelessness in metro areas 32% increase in homelessness in non metro areas Source: Journal of Urban Affairs, New

SLIDE 1

$100 rent increase associated with:

6% increase in homelessness in metro areas
32% increase in homelessness in non‐metro

areas

Source: Journal of Urban Affairs, New Perspectives on Community‐Level Determinants of Homelessness, 2012

Research shows connection between rent increases and homelessness

Skagit Housing Summit 1/22/16

SLIDE 2

People

Skagit Housing Summit 1/22/16

SLIDE 3

Solutions

Skagit Housing Summit 1/22/16

SLIDE 4

Strategies and Innovation

Workforce Housing
Homebuyers Programs
Farm worker housing
Rapid re‐housing
Supportive housing
Coordination across sectors

Skagit Housing Summit 1/22/16

SLIDE 5

Strategies and Innovation

Hospital supported respite shelter
Medicaid supportive housing benefit
Homeless prevention strategies
Street level outreach
“Housing First”

Skagit Housing Summit 1/22/16

SLIDE 6

Homelessness is a housing affordability problem

Skagit Housing Summit 1/22/16

SLIDE 7

Rents growing faster than income

Median rent +11% Median income ‐1.4%

‐15% ‐10% ‐5% 0% 5% 10% 15% 2006 2007 2008 2009 2010 2011 2012 2013 2014

% change inflation adjusted $

Low incomes (bottom 20%) ‐7%

Data sources: U.S. Census Bureau American Community Survey one‐year estimates; inflation adjusted using the Bureau of Labor Statistics CPI‐U.

Skagit Housing Summit 1/22/16

SLIDE 8

Access to Affordable Housing Can Result in…

Fewer people who are homeless
Lower costs to the public
Lower criminal recidivism
Better behavioral health recovery outcomes
Better health and education outcomes for

children

Employers wanting to stay or locate here

Skagit Housing Summit 1/22/16