The Center on Budget and Policy Priorities (CBPP) has published a new policy paper that shows federal rental subsidies to families with children have declined by 13 percent (250,000) from 2004 to 2015. The number of families receiving Housing Choice Vouchers (HCV) has also dropped by 175,000 since 2004.
The paper outlines two reasons associated with the decline. First, many households, especially those headed by seniors and people with disabilities, continue to receive rental assistance after their children turn 18 years old and move away from home. Second, the federal government, in its national efforts to end homelessness, has prioritized Veterans and chronically homeless individuals for new vouchers.
The paper also highlights the high demand for affordable homes for low-income families, the rise of homelessness among school-age children, as well as proposed federal policies and funding to assist families at risk of or experiencing homelessness to access affordable homes, which include:
- The Children’s Defense Fund (CDF) would provide rental assistance to 2.6 million low-income families with children living below 150 percent of the poverty level. This proposal is projected to cost approximately $23.5 billion per year to implement.
- The President’s 2017 budget propose $11 billion in mandatory funding to provide 160,000 new vouchers for families over the next ten years.
Click here to read the paper.