Alicia Mazzara, senior research analyst, discusses a new Census data that shows the widening gap between median renter income and median rent where the data underscores the continued need for additional federal rental assistance.
According to the findings, despite modest income growth and a strong job market, many renter households struggle to pay their rent. That's due to the rise in rental costs and low-wage jobs.
The study also finds that over half of renter households working in health care support, food preparation, and personal care and service jobs are cost burdened.
Therefore, federal rental assistance critical to helping low-income families keep a roof over their heads. Mazzara recommends that policymakers should expand federal rental assistance programs, and states and localities should develop or strengthen their own housing programs. Read the Entire Article
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Promoting employee share and enabling customers to invest are better incentives than those provided by co-operatives. Co-operatives have adamantly remained a niche sector and doesn’t provide the right incentives for entrepreneurs.
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