Ensuring that every child has a safe, permanent home is crucial, not just for reducing homelessness, but for ensuring their well-being. For young people aging-out of foster care, an effective support system is needed so that youth can access safe housing, health care, education opportunities and other supports. A number of states including California, Illinois and the District of Columbia have extended foster care eligibility to age 21 in an attempt to ease this transition. Funded in part by the federal Fostering Connections to Success and Increasing Adoptions Act of 2008, extended support is a positive step toward preventing youth from becoming homeless after aging out. A study found that Illinois foster youth were twice as likely to have attended college - and more than twice as likely to have completed at least one year of college by age 21- compared with former foster youth from neighboring states where eligibility ends at 18. Extended eligibility was also associated with delayed pregnancy, higher earnings, and a greater likelihood of receiving independent living services.
Wednesday, August 7, 2013
Helping Homeless Youth Come In From the Cold
Ensuring that every child has a safe, permanent home is crucial, not just for reducing homelessness, but for ensuring their well-being. For young people aging-out of foster care, an effective support system is needed so that youth can access safe housing, health care, education opportunities and other supports. A number of states including California, Illinois and the District of Columbia have extended foster care eligibility to age 21 in an attempt to ease this transition. Funded in part by the federal Fostering Connections to Success and Increasing Adoptions Act of 2008, extended support is a positive step toward preventing youth from becoming homeless after aging out. A study found that Illinois foster youth were twice as likely to have attended college - and more than twice as likely to have completed at least one year of college by age 21- compared with former foster youth from neighboring states where eligibility ends at 18. Extended eligibility was also associated with delayed pregnancy, higher earnings, and a greater likelihood of receiving independent living services.
Monday, July 29, 2013
Helping Families Afford a Decent Place to Live
Monday, December 19, 2011
Rental Assistance and Economic Opportunity
In collaboration with the MacArthur Foundation’s How Housing Matters Initiative, Spotlight on Poverty and Opportunity is running a series of commentaries on How Housing Matters to Families and Communities. The series includes information on the intersection of housing and health, economic opportunity and education. The latest piece in the series is Rental Assistance: A Drag on Work or a Platform for Economic Opportunity? by Jeffrey Lubell from the Center for Housing Policy. In the piece Lubell comments on the concern expressed by some that receiving housing vouchers might have a negative impact on earnings. The issue brief states that there are aspects of housing assistance that promote and hinder work efforts and, over the long-term, these aspects more or less offset each other; resulting in no persistent long-term impact. The brief goes on to suggest that by addressing the aspects that negatively impact work and building up the positive ones that rental assistance could become a platform for greater economic opportunity.
To learn more about how housing impacts families and communities.
Visit our Investing in Community Change blog to read about the impact of housing and health in the post: Funders and Policymakers Increasingly Support Innovative Models to Address Housing and Health .
For results-based strategies to promote affordable housing visit PolicyforResults.
Monday, August 1, 2011
Historic Wealth Gaps and the Role of Housing Policy
The Pew Research Center’s report, Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics, describes the historic wealth gaps that currently exist and addresses some of the reasons for the dramatic growth of these gaps. The report states that the median wealth of white households is 20 times that of black households and 18 times that of Hispanic households; amounting to the largest gaps in wealth ratios since the government began publishing this data a quarter century ago. These gaps are particularly concerning in that, as noted by the report, they are approximately twice the size of the ratios that existed between these three groups for the two decades prior to the recession that ended in 2009. The report states that between 2005 and 2009, median wealth fell by 66% among Hispanic households, 53% among black households and 16% among white households; amounting to the typical black household having just $5,677 in wealth (assets minus debts) in 2009; the typical Hispanic household having $6,325 in wealth; and the typical white household having $113,149.
The report states that plummeting house values were the principal cause of the recent reduction in household wealth among all groups. However, the report goes on to state that the housing market bubble burst in 2006, and the recession that followed from late 2007 to mid-2009, took a far greater toll on the wealth of minorities than on whites. Furthermore, previous studies, including a study conducted by the Center for Responsible Lending, have found that blacks and Hispanics were 30 percent more likely than whites to be charged higher interest rates, even among borrowers with similar credit ratings. Policies that protect families from subprime lending and other predatory practices are critical to ensuring children grow up in safe, stable and economically successful families. The Center for Responsible Lending has several resources for policymakers to consider when working to address responsible lending practices, including efforts to prevent steering (or direct borrowers into more expensive loans), rules for regulating brokers, eliminating prepayment penalties and several other protections to assist families in developing and maintain assets, like owning a home.
To learn more about policy strategies to promote affordable housing, please visit PolicyforResults.org.
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