The Role of Affordable Housing in Creating Jobs and Stimulating Local Economic Development

The Role of Affordable Housing in Creating Jobs and Stimulating Local Economic Development

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Exploring the Intersection of Affordable Housing and Local Economic Development Households with modest means need safe, suitable housing that they can afford. When housing is affordable, low- and moderate income families are able to put nutritious food on the table, receive necessary medical care, and provide reliable daycare for their children. Research has shown that the stability of an affordable mortgage or rent can have profound effects on childhood development and school performance (Lubell and Brennan 2007) and can improve health outcomes for families and individuals (Lubell, Crain, and Cohen 2007).

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