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First-of-its-Kind Study Reveals Acute Need for Affordable Housing in the Washington Region

July 15, 2014

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A research study released today shows critical gaps in affordable housing across a range of income levels in the Washington region. The study, Housing Security in the Washington Region, is the first of its kind to show critical gaps in affordable housing across a range of income levels. It is also the first study to comprehensively examine housing needs and how housing policies and programs are funded by public and philanthropic sectors in multiple jurisdictions. The Community Foundation for the National Capital Region commissioned the study with generous support from The Morris and Gwendolyn Cafritz Foundation, and the study was researched and prepared by the Urban Institute and the Metropolitan Washington Council of Governments.

“Stable and affordable housing for people at all income levels is a goal that our region should be able to achieve. Without stable housing, it is difficult for people to obtain economic security, a quality education, good health and employment,” said Terri Lee Freeman, president of The Community Foundation for the National Capital Region. “We commissioned this study in order to quantify the needs for affordable housing and inform strategic investments by the philanthropic sector, as well as the public and private sectors. We are optimistic that the study can help leaders better address homelessness and housing issues in their communities and direct resources to those most in need. All people in our region deserve the chance to prosper as our region prospers.”

Click to read the executive summary

Click to read the full study

Click to read the news release

 

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