We all know that the housing crisis greatly affects women and children in the United States. However, many of us still don’t know the facts and statistics surrounding this topic of concern. Recently we did a little research, and here’s what we found.
Facts and Statistics:
· In 2008, 44.2 million Americans spent more than 50% of their income on housing.
· One sixth of Americans need a decent, affordable place to live.
· Owning a home leads to better test scores in children, as well as reduced behavioral problems.
· Children who live in substandard housing experience lower educational achievement, and a greater likelihood of being impoverished and unemployed as adults.
· Because of the greater educational achievement of children in quality housing, homeownership increases intergenerational wealth accumulation. This is because children will have greater earnings due to their education when they enter the workforce.
· Children in substandard housing have increased risk of viral or bacterial infections and a greater chance of suffering mental health problems.
· 23% fewer Habitat homeowners relied on welfare assistance after homeownership.
· Homeownership benefits taxpayers with an estimated savings $34,000 in public expenditures (i.e., the cost of juvenile delinquency, teenage pregnancy, etc.) that would have been spent had they remained in substandard rental housing.
Decent, affordable housing is necessary for women and children across America. That’s why Women Build works diligently to create homes for Baltimore-area women and their families who are in need of a safe, decent place to live.
You can become a part of this movement. Join us on our next Women Build project and lend us a hand on our next worksite. Find out how you can become and member of Women Build here. We hope to see you soon!