Section 8 housing: The substantial effect subsidized housing has on poverty.
Poster Number
33
Session Title
Poster Session 2
College
College of Business Administration
Department
Accounting, Finance & Economics
Faculty Mentor
Nicholas Moellman, Ph.D.
Abstract
Section 8 housing, otherwise known as The Housing Choice Voucher Program, has a strong positive effect on the communities it serves. This paper aims to show quantitative and qualitative research raising the standard of living for those within the program. Literature about section 8 housing notes the shortfalls of the program almost entirely attributing those failures to a lack of complete funding. Often the shortfalls are noted to be remedied by allocating the same amount of funds to families in deeper poverty to reduce the impact for families most affected. Furthermore, this paper will touch on the less tangible benefits related to individuals choosing housing rather than fixed public housing. This is especially important to families moving out of low income areas into areas with less poverty. Finally Section 8 Housing Vouchers have at least a perceived effect on the property of those who live around them. Studying the externalities of a program to weigh all factors associated is important to finding the real benefit of the program in total to the community.
Course Assignment
ECON 348X - Moellman
Type of Presentation
Poster presentation
Section 8 housing: The substantial effect subsidized housing has on poverty.
Section 8 housing, otherwise known as The Housing Choice Voucher Program, has a strong positive effect on the communities it serves. This paper aims to show quantitative and qualitative research raising the standard of living for those within the program. Literature about section 8 housing notes the shortfalls of the program almost entirely attributing those failures to a lack of complete funding. Often the shortfalls are noted to be remedied by allocating the same amount of funds to families in deeper poverty to reduce the impact for families most affected. Furthermore, this paper will touch on the less tangible benefits related to individuals choosing housing rather than fixed public housing. This is especially important to families moving out of low income areas into areas with less poverty. Finally Section 8 Housing Vouchers have at least a perceived effect on the property of those who live around them. Studying the externalities of a program to weigh all factors associated is important to finding the real benefit of the program in total to the community.
