IDEAS home Printed from https://ideas.repec.org/p/fip/fedbpr/2019_001.html
   My bibliography  Save this paper

The growing shortage of affordable housing for the extremely low income in Massachusetts

Author

Listed:
  • Nicholas Chiumenti

Abstract

This report identifies ways that the state?s policymakers and housing agencies and providers can more efficiently use limited resources to address the affordable housing needs of extremely low-income households. The first is to prioritize rental assistance in areas of the state where rents are low and the inventory of market-supplied housing is high. Doing so will take advantage of local market conditions that are favorable to rental-assistance subsidies while addressing these areas? high rates of rent burden. Tax-credit and other supply-oriented subsidies can be targeted more heavily to areas with less affordable housing stock overall. Building geographic considerations into program administration can help achieve this tailoring of resources. Second, preserving expiring subsidies in smaller cities and towns will ensure broader access to affordable housing throughout Massachusetts. The state?s increasing need to preserve affordable housing is widely acknowledged and supported. Many of these units are located in major cities and metro areas; however, smaller cities and towns, while accounting for a smaller share of the subsidized housing, are at risk of seeing most or all of their subsidized units expire by 2025.

Suggested Citation

  • Nicholas Chiumenti, 2019. "The growing shortage of affordable housing for the extremely low income in Massachusetts," New England Public Policy Center Policy Reports 19-1, Federal Reserve Bank of Boston.
    • Handle: RePEc:fip:fedbpr:2019_001
    as

    Download full text from publisher

    File URL: https://www.bostonfed.org/publications/new-england-public-policy-center-policy-report/2019/growing-shortage-affordable-housing-extremely-low-income-massachusetts.aspx
    File Function: Summary
    Download Restriction: no
    File URL: https://www.bostonfed.org/-/media/Documents/Workingpapers/PDF/2019/neppcpr1901.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dirk W. Early, 1998. "The role of subsidized housing in reducing homelessness: An empirical investigation using micro-data," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 17(4), pages 687-696.
    2. Corinth, Kevin, 2017. "The impact of permanent supportive housing on homeless populations," Journal of Housing Economics, Elsevier, vol. 35(C), pages 69-84.
    3. Robert Collinson & Ingrid Gould Ellen & Jens Ludwig, 2015. "Low-Income Housing Policy," NBER Chapters, in: Economics of Means-Tested Transfer Programs in the United States, Volume 2, pages 59-126, National Bureau of Economic Research, Inc.
    4. Darcy Rollins & Alicia Sasser & Robert Tannenwald & Bo Zhao, 2006. "The lack of affordable housing in New England: how big a problem?: why is it growing?: what are we doing about it?," New England Public Policy Center Working Paper 06-1, Federal Reserve Bank of Boston.
    5. Robert Clifford & Osborne Jackson, 2015. "Can subsidized housing help address homelessness in New England?," New England Public Policy Center Research Report 15-3, Federal Reserve Bank of Boston.
    6. Sandra J. Newman & Joseph M. Harkness, 2002. "The long-term effects of public housing on self-sufficiency," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 21(1), pages 21-43.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. William N. Evans & David C. Phillips & Krista Ruffini, 2021. "Policies To Reduce And Prevent Homelessness: What We Know And Gaps In The Research," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 40(3), pages 914-963, June.
    2. Olsen, Edgar O. & Zabel, Jeffrey E., 2015. "US Housing Policy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 887-986, Elsevier.
    3. Nicholas Chiumenti, 2018. "The supply of permanent supportive housing in Massachusetts: comparing availability to the chronic homeless population," New England Public Policy Center Policy Reports 18-2, Federal Reserve Bank of Boston.
    4. Saerim Kim & Andrew A Sullivan, 2021. "Complementary policies for multidimensional problems: Does the low-income housing tax credit complement homeless services in the USA?," Urban Studies, Urban Studies Journal Limited, vol. 58(5), pages 903-921, April.
    5. Gundersen, Craig & Weinreb, Linda & Wehler, Cheryl & Hosmer, David, 2003. "Homelessness and food insecurity," Journal of Housing Economics, Elsevier, vol. 12(3), pages 250-272, September.
    6. Christian A. L. Hilber & Olivier Schoni, 2022. "Housing policy and affordable housing," CEP Occasional Papers 56, Centre for Economic Performance, LSE.
    7. William N. Evans & David C. Philips & Krista J. Ruffini, 2019. "Reducing and Preventing Homelessness: A Review of the Evidence and Charting a Research Agenda," NBER Working Papers 26232, National Bureau of Economic Research, Inc.
    8. Schünemann, Johannes & Trimborn, Timo, 2023. "Boosting taxes for boasting about houses? Status concerns in the housing market," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 120-143.
    9. Modestino, Alicia Sasser & Dennett, Julia, 2013. "Are American homeowners locked into their houses? The impact of housing market conditions on state-to-state migration," Regional Science and Urban Economics, Elsevier, vol. 43(2), pages 322-337.
    10. Manea, Roxana Elena & Piraino, Patrizio & Viarengo, Martina, 2023. "Crime, inequality and subsidized housing: Evidence from South Africa," World Development, Elsevier, vol. 168(C).
    11. O'Flaherty, Brendan, 2003. "Need and generosity: how markets for free goods equilibrate," Journal of Urban Economics, Elsevier, vol. 54(1), pages 157-172, July.
    12. Kevin Corinth & Grace Finley, 2020. "The geography of unsheltered homelessness in the city: Evidence from “311” calls in New York," Journal of Regional Science, Wiley Blackwell, vol. 60(4), pages 628-652, September.
    13. Alois Guger & Silvia Rocha-Akis, 2016. "Umverteilung durch den Staat in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 89(5), pages 329-345, May.
    14. Sara Nourazari & Kristina Lovato & Suzie S. Weng, 2021. "Making the Case for Proactive Strategies to Alleviate Homelessness: A Systems Approach," IJERPH, MDPI, vol. 18(2), pages 1-12, January.
    15. Eerola, Essi & Saarimaa, Tuukka, 2015. "Who benefits from public housing?," Bank of Finland Research Discussion Papers 30/2015, Bank of Finland.
    16. Early, Dirk W. & Olsen, Edgar O., 1998. "Rent control and homelessness," Regional Science and Urban Economics, Elsevier, vol. 28(6), pages 797-816, November.
    17. Leventhal, Tama & Newman, Sandra, 2010. "Housing and child development," Children and Youth Services Review, Elsevier, vol. 32(9), pages 1165-1174, September.
    18. Aliprantis, Dionissi & Martin, Hal & Phillips, David, 2022. "Landlords and access to opportunity," Journal of Urban Economics, Elsevier, vol. 129(C).
    19. Carlson, Deven & Miller, Hannah & Haveman, Robert & Kang, Sohyun & Schmidt, Alex & Wolfe, Barbara, 2019. "The effect of housing assistance on student achievement: Evidence from Wisconsin," Journal of Housing Economics, Elsevier, vol. 44(C), pages 61-73.
    20. Sasser, Alicia C., 2010. "Voting with their feet: Relative economic conditions and state migration patterns," Regional Science and Urban Economics, Elsevier, vol. 40(2-3), pages 122-135, May.

    More about this item

    Keywords

    Massachusetts; low-income households; NEPPC;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedbpr:2019_001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Spozio (email available below). General contact details of provider: https://edirc.repec.org/data/frbbous.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.