CHESHIRE, Conn., Sept. 13, 2018 /PRNewswire-PRWeb/ -- The Public and Affordable Housing Research Corporation (PAHRC) at HAI Group today announces the release of its annual research publication, the Housing Impact Report. Newly rebranded (previously the PAHRC Report), it brings together the latest data and trends of those living in publicly supported housing, the added value publicly supported housing brings to its residents, and the greater unmet need for housing assistance.
This year's special feature on employment highlights that four out of five families receiving rental assistance who are able to work are currently employed; 59% of which are working full-time and an average of 34 hours per week. The report further explores that more residents may be disabled than officially labeled by HUD and that numerous working-age able-bodies adults are also caregivers to young children under six, disabled, or seniors over 82.
In regards to working-age assisted renters, the Housing Impact Report validates that these individuals face more barriers to work than their low-income peers; including greater caregiver responsibilities, poorer health, more volatile work schedules, lower levels of educational attainment, and a shrinking pool of mid-wage jobs. This confirms that many residents living in publicly supported housing need help overcoming barriers to achieve job advancements and to find higher-wage positions with regular hours rather than simply plugging into the labor force.
"Rental assistance currently serves seven million households, the majority of which include children, seniors, or disabled individuals. However, there are 12 million very low-income cost-burdened households that could benefit from housing assistance, but do not receive it, according to conservative estimates," said PAHRC's Director of Research and Industry Intelligence Keely Stater, PhD. "A home that's made affordable through housing assistance increases stability, improves health and education outcomes, boosts financial security, and can lead to economic mobility for low-income families.
To dive deeper in to the report, join the authors for the Trends in Housing Assistance and Who it Serves webinar on Wednesday, September 19 at 2:00 pm EST. To register for the webinar, please click here.
Participants will be able to gain an understanding of the populations that receive rental assistance and how they are changing; recall the impact housing assistance has on health, stability, economic, and education outcomes; learn about labor market engagement among assisted residents and the barriers they face achieving job advancements; discover promising programs being spearheaded by housing agencies to address barriers to job advancement; and understand how the Housing Impact Report can be used to advance affordable housing.
To read the Housing Impact Report in its entirety, please click here.
About HAI Group
HAI Group® is the marketing name for a family of companies founded by and dedicated to housing, headquartered in Cheshire, Connecticut. While we are recognized as a pioneer of public and affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with a wide array of products that support the challenges housing organizations face, offering insurance, strategic capital, research, advocacy, and training to meet the needs of over 1,500 housing organizations and more than 12,000 housing professionals across the nation. For a complete list of our companies, visit http://www.housingcenter.com.
About The Public and Affordable Housing Research Corporation
The Public and Affordable Housing Research Corporation (PAHRC) at HAI Group is a non-profit research center dedicated to conducting research that promotes the national conversation about the importance of affordable housing. PAHRC spotlights the impact, outcomes, and value affordable housing brings to the families it serves and to the communities it supports, delivering data and tools that assist researchers, practitioners, and advocates to build an evidence-based case for why affordable housing matters. For more information, visit http://www.housingcenter.com/research.
SOURCE HAI Group
Share this article