Friday, May 2, 2014
Where Did All Of the Housing Voucher Programs Go?
The effects of high housing costs on low income renters can be severe and enduring. Because of the housing cost are extremely unaffordable, low income households have insufficient income to cover all other basic needs such as clothing, food, medications, transportation, child care families are unable to invest in education, Life insurance and all of these things are essential or is needed for life sustainability. Families will continue to live in poverty because their income. According to research regarding this issue it shows that housing instability and homelessness interfere with the health development of children in many ways that have a lasting impact, including the hindrance of their educational success and thereby their future earnings as adults.
According to the Bowles-Simpson commission and some other major bipartisan groups that have examined the nation's long-term fiscal challenges have espoused the principle that deficit-reduction efforts should not increase poverty or exacerbate hardship or vulnerable Americans. This year's sequestration violates this principle, forcing deep and indiscriminate cuts in non-defense discretionary programs. If Congress fails to reverse them, low income families will experience a significant loss of rental assistance, and more individuals and families will experience a lengthy periods of housing instability and homelessness, compromising their children's chances to develop into healthy and productive adults.
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