Housing Affordability Crisis Evident as Americans Use Cash Transfers for Rent

Housing Affordability Crisis Evident as Americans Use Cash Transfers for Rent

Amid the growing housing crisis in the United States, low-income Americans are increasingly using cash transfers, including those from experimental basic income programs and government assistance, to cover housing expenses. The rising homelessness rates and the shortage of an estimated four million homes in the country underscore the urgent need for solutions to address affordable housing. Cash Transfers Allocated to Housing

Credit: DepositPhotos A significant portion of cash received through programs such as basic income and pandemic relief is being directed toward housing, including rent and utilities. Various studies and pilot programs have revealed the critical role of these […]

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