The two main features of public housing are artificially low rents and resident income limits. Low rents encourage long-term tenancy, and income limits penalize those who work to increase their earnings. Both conditions block public housing families—disproportionately African-Americans—from building wealth. Read Full Article »
How New York Can End the Public Housing Trap
Near
ly half (47 percent) of all the households in New York City public housing have lived in their apartments for 20 years or more. Some 18 percent have lived in the projects for at least 40 years. This is not just intergenerational dependency. Spending a lifetime in public housing also reflects a lifetime of missed opportunity.
The two main features of public housing are artificially low rents and resident income limits. Low rents encourage long-term tenancy, and income limits penalize those who work to increase their earnings. Both conditions block public housing families—disproportionately African-Americans—from building wealth. Read Full Article »
The two main features of public housing are artificially low rents and resident income limits. Low rents encourage long-term tenancy, and income limits penalize those who work to increase their earnings. Both conditions block public housing families—disproportionately African-Americans—from building wealth. Read Full Article »
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