Rental Assistance to Families with Children at Lowest Point in Decade
The number of families with children receiving federal rent subsidies has fallen by over 250,000 (13 percent) since 2004 and is at its lowest point in more than a decade, despite rising need. To enable low-income children to have a better chance to thrive, policymakers should substantially expand the availability of rental assistance, funding for which remains well below 2004 levels, adjusted for inflation.
Demand for rental housing has risen sharply in the last decade due to economic and demographic factors, and many families with children are being squeezed financially as rents rise faster than incomes. The number of families that paid more than half their income for rent or lived in severely substandard housing rose by 53 percent between 2003 and 2013, to nearly 3 million.