Forbes, February 14, 2020: 5 Things To Know About The Affordable Housing Crisis
Housing does more than provide physical shelter: It gives people a sense of belonging, a safer living environment and a community to call home.
Without stable housing, financial security is usually out of reach. Without an affordable place to live, accessing job training, higher education, childcare and even medical treatment can be impossible. Yet right now, millions of Americans lack access to a safe and stable supply of affordable housing. In fact, the United States needs a minimum of 7.2 million more affordable housing units (and potentially as many as 12 million units), according to the National Low Income Housing Coalition.
As an investor, developer and operator of affordable housing, I see firsthand every day how creating and sustaining affordable housing can positively impact individuals and families.
