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Publications in this section highlight the many ways in which affordable housing can help advance other important community objectives, such as good health, educational achievement, individual asset building, and economic development. The Center’s work in this area seeks both to clarify and document the benefits of affordable housing and to suggest ways to structure affordable housing to better achieve these broader goals.
Reducing the land costs of a residential project can be a valuable way to foster housing affordability for lower-income residents in the Washington, DC metro area. Given the region’s strong economy, growing population, and shortage of available land in desirable locations, the Washington, DC area is home to some of the highest land costs nationwide, making it difficult to build housing that is priced at levels affordable to low- and moderate-income households. By offering publicly owned land at reduced or no cost to developers, communities can reduce overall development costs significantly and make affordable housing possible with much lower direct public subsidy.
A Profile of the Richmond Health and Wellness Program at Dominion Place in Richmond, Virginia
This case study, one of three prepared by the Center for Housing Policy presented at the National Building Museum's How Housing Matters Conference, describes a long-standing program that uses secure and affordable housing, provided through voucher assistance and public housing, to improve residents' economic opportunities.
The construction of affordable housing provides clear benefits for families whose wages aren’t sufficient to afford market-rate housing. But research shows that affordable housing development also drives local economic growth. This fact sheet summarizes the different ways in which subsidized rental housing can contribute to rising employment and economic recovery.
Drawing on literature reviews published by the Center for Housing Policy in January 2011, this Planning Commissioners’ Journal article outlines the various ways in which affordable housing can create jobs, increase tax revenues, and generally foster economic growth. The article also includes an overview of several effective state and local strategies for developing affordable housing.