Author: maxdubler.com (did:plc:7jyg4n5nnipzzy2zhn4jesrf)
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"“While cross subsidy has proved to be a successful and durable financial model for social housing in other places, I do not like that it primarily serves the middle class instead of advancing a more radical economic agenda.”"
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"SHELTERFORCE Essential Reporting on Affordable Housing While this reality is acknowledged in the discussion about social housing and key to the promotional rhetoric, the technical details of social housing proposals raise concerns about which housing crisis would actually be addressed. In addition to the focus on bond financing, it is cross-subsidization rather than federal subsidization (or public investment) that would supposedly ensure lower-income households are also served. In short, social housing projects set aside different proportions of units for different income groups, and the higher rents paid by moderate- and middle-income households would in theory subsidize the lower rents paid by lower-income households."
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"= SHELTERFORCE Essential Reporting on Affordable Housing This is an approach used in many other places around the world. What is overlooked in the U.S. context, however, is that the situation of low-income households here is much more severe, consistent with how thoroughly the social safety net has been shredded. The lack of protections extended to low-income households has created a vast gulf between households in different income brackets that is difficult for many in the middle to truly comprehend. This is why it is so important that lower-income households not only be centered in, but also lead, the discussion and pursuit of housing and social justice."
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"= SHELTERFORCE Essential Reporting on Affordable Housing Instead, what the focus on cross-subsidization in the U.S. does is focus the discussion about social housing on moderate- and middle-income households. While these households are increasingly struggling, they are still qualitatively and quantitatively better off than their low-income peers, with significantly more access to resources and backup options. However, with a focus on mixed-income developments to allow cross-subsidization, these households are not simply some of the potential beneficiaries of the program, but a structural pillar of the financing. This in turn positions the moral imperative to house those most in need as contingent and secondary. This is incredibly concerning given the dire nature of the housing situation confronting low-income households."
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"= SHELTERFORCE Essential Reporting on Affordable Housing The focus on bond financing and cross-subsidization in U.S. social housing proposals is concerning because it continues the state abandonment that has characterized the last half century and the social exclusions that have defined the U.S. since its conception. The pursuit of just futures requires that we instead challenge these conditions, but how?"
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createdAt:
"2024-09-18T17:41:16.515Z"
