Research shows connection between rent increases and homelessness - PowerPoint PPT Presentation

Research shows connection between rent increases and homelessness $100 rent increase associated with: • 6% increase in homelessness in metro areas • 32% increase in homelessness in non ‐ metro areas Source: Journal of Urban Affairs, New Perspectives on Community ‐ Level Determinants of Homelessness , 2012 Skagit Housing Summit 1/22/16

People Skagit Housing Summit 1/22/16

Solutions Skagit Housing Summit 1/22/16

Strategies and Innovation • Workforce Housing • Homebuyers Programs • Farm worker housing • Rapid re ‐ housing • Supportive housing • Coordination across sectors Skagit Housing Summit 1/22/16

Strategies and Innovation • Hospital supported respite shelter • Medicaid supportive housing benefit • Homeless prevention strategies • Street level outreach • “Housing First” Skagit Housing Summit 1/22/16

Homelessness is a housing affordability problem Skagit Housing Summit 1/22/16

Rents growing faster than income 15% Median rent 10% % change inflation adjusted $ +11% 5% Median income 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 ‐ 1.4% ‐ 5% Low incomes ‐ 10% (bottom 20%) ‐ 15% ‐ 7% Data sources: U.S. Census Bureau American Community Survey one ‐ year estimates; inflation adjusted using the Bureau of Labor Statistics CPI ‐ U. Skagit Housing Summit 1/22/16

Access to Affordable Housing Can Result in… • Fewer people who are homeless • Lower costs to the public • Lower criminal recidivism • Better behavioral health recovery outcomes • Better health and education outcomes for children • Employers wanting to stay or locate here Skagit Housing Summit 1/22/16