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Cost and Affordability

According to the National Low Income Housing Coalition, housing is the key to reducing intergenerational poverty and increasing economic mobility. Increasing access to affordable housing is the most cost-effective strategy for reducing childhood poverty and increasing economic mobility. It is understood that housing costs consume a large percentage of income. High housing costs can lead to low homeownership due to high costs, increased commuting time to work due to limited housing options, difficulty for companies to hire and retain qualified employees. The Cost and Affordability topic presents data in:

Understanding current trends of housing cost and affordability can provide counties and municipalities and certain organizations with useful information in providing a diversity of housing types aimed at different incomes and needs.