Affordable housing role in economic development and job growth:

As with market-rate housing, research consistently shows that developing affordable housing creates jobs — both during construction and through new consumer spending after the homes have been occupied. The impacts of building certain kinds of affordable rental housing are on par with the impacts of comparable market-rate units.

Affordable housing and student achievement:

A growing body of research suggests that stable, affordable housing may provide children with enhanced opportunities for educational success. While schools and teachers bear principal responsibility for children’s education, research shows that a supportive and stable home environment can complement the efforts of educators, leading to better student achievement.

Inclusionary zoning and economic development:

Inclusionary zoning stimulates economic development, enhances economic and racial integration, and helps overcome NIMBY (Not In My Backyard) stereotypes.

The effect of affordable housing on property values:

Several studies have consistently found that, if affordable housing is well designed, fits in with the surrounding neighborhood, and is well managed, there appear to be no negative impacts of that housing on the property values of neighboring houses. Other studies have shown that population growth associated with new affordable housing does not necessarily yield higher municipal costs, and there is actually less increase in school costs related to the construction of multifamily developments than there is with new single-family houses.

Family homelessness and the need for affordable housing:

Families now comprise a major segment of the homeless population. The National Center on Family Homelessness estimates that there are approximately 1.5 million homeless children in the United States. Homeless families make up 34% of the homeless population. Emergency Shelters and transitional housing programs cost are usually more expensive options than permanent affordable housing placement. Studies have found that reductions in services use (especially hospitalization costs) following supported housing placement offset some or all of the costs of the housing intervention.

“The Patterns and Costs of Services Use Among Homeless Families” (2011)

“Facts on Family Homelessness” (2011)
In 2010, Richland County School District One identified 1,093 homeless students attending their schools and the South Carolina Department of Education identified 10,820 homeless students in schools across the state. Based on test scores, the National Center on Family Homelessness estimates that the high school graduation rate for homeless children in South Carolina is less than 25%.

Adult homelessness and the need for affordable housing:

Research suggests that on any given day, as many as 112,000 single adults with severe mental illness are homeless in the United States and that as many as 280,000 single adults are chronically homeless. A vast body of research now exists that demonstrates the costs of permanent affordable permanent housing are less than the costs of an endless cycle of shelters, jails, emergency rooms and hospitals, and psychiatric facilities.

“Public Service Reductions Associated with Placement of Homeless Persons with Severe Mental Illness in Supportive Housing” (2002)

“The Cost of Homelessness: A Perspective From the United States” (2008)

“Assessing Public Costs Before and After Permanent Supportive Housing: A Guide for State and Local Jurisdictions” (2004)

Homelessness among veterans and the need for affordable housing:

Currently 62,619 veterans are homeless on any night, and more than twice as many stay in a homeless shelter or transitional housing over the course of a year. Around 1.4 million veterans live in poverty. Veterans returning from service need tools and resources to transition successfully to civilian life, and permanent housing is an important part of that transition. Permanent supportive housing is a proven solution to veterans’ homelessness, a problem that affects men and women who have been recently discharged as well as those who served decades ago.