Affordable Housing Makes Life - Well, Affordable

Households that are given affordable housing have more money to spend, which can bring more money into the economy, according to a new study from the Furman Center for Real Estate and Urban Policy.

1 minute read

June 27, 2010, 1:00 PM PDT

By Tim Halbur

Amanda Fung writes, "The study found that the use of federal low-income housing tax credits is crucial to building and rehabilitating affordable housing, and to helping inner city neighborhoods. By paying affordable rent-monthly rents averaging $500-families were able to more than double their discretionary income, which in turn allowed them to pay for health care, reduce their debt or put money into savings."

FULL STORY: Affordable housing pays off for city

Friday, June 25, 2010 in Crain's

Community / Economic Development Housing United States Affordable Housing

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.