Overview of Federal Support for Housing


Book Description

The fed. gov¿t. commits substantial resources to support housing and mortgage markets through a combination of spending programs and tax expend. During the crisis of the past two years, the budgetary commitment expanded ¿ to about $300 billion in FY 2009 ¿ from the placement into conservatorship in Sept. 2008 of Fannie Mae and Freddie Mac and the creation of new housing programs. This report describes the array of fed. activities that support housing and the recent expansion of particular programs. This report categorizes 28 fed. housing activities by type of support (homeownership or rental), mechanism (spending or taxation), and budgetary cost in 2009. Charts and tables.




An Overview of Federal Housing Assistance Programs


Book Description

The federal government has been involved in providing housing assistance to lower-income households since the 1930s. In the beginning, the federal government was involved in supporting the mortgage market (through establishment of the Federal Housing Administration (FHA) and the government-sponsored enterprises) and in promoting construction of low-rent public housing for lower-income families through local public housing authorities. Over time, the role of the federal government has shifted away from providing construction-based subsidies to providing rental subsidies; private developers and property owners now play a larger role; and, more federal funding has been provided to states and localities. This book provides an overview of the history and evolution of federal housing assistance programs and policy, information about the main programs, and a discussion of recent issues and trends.







Overview of Federal Housing Assistance Programs and Policy


Book Description

The federal government has been involved in providing housing assistance to lower-income households since the 1930s. In the beginning, the federal government was involved in supporting the mortgage market (through establishment of the Federal Housing Administration (FHA) and the government-sponsored enterprises) and in promoting construction of low-rent public housing for lower-income families through local public housing authorities (PHAs). Over time, the role of the federal government has shifted away from providing construction-based subsidies to providing rental subsidies; private developers and property owners now play a larger role; and more federal funding has been provided to states and localities.




Low-income Housing


Book Description













Permanent Supportive Housing


Book Description

Chronic homelessness is a highly complex social problem of national importance. The problem has elicited a variety of societal and public policy responses over the years, concomitant with fluctuations in the economy and changes in the demographics of and attitudes toward poor and disenfranchised citizens. In recent decades, federal agencies, nonprofit organizations, and the philanthropic community have worked hard to develop and implement programs to solve the challenges of homelessness, and progress has been made. However, much more remains to be done. Importantly, the results of various efforts, and especially the efforts to reduce homelessness among veterans in recent years, have shown that the problem of homelessness can be successfully addressed. Although a number of programs have been developed to meet the needs of persons experiencing homelessness, this report focuses on one particular type of intervention: permanent supportive housing (PSH). Permanent Supportive Housing focuses on the impact of PSH on health care outcomes and its cost-effectiveness. The report also addresses policy and program barriers that affect the ability to bring the PSH and other housing models to scale to address housing and health care needs.