How Expanding Vouchers Could Improve Housing Stability

Many subprime borrowers in the United States are financially unable to buy a home themselves. An unconventional lender is trying to make it easier for low-income people to buy houses despite the tighter requirements that other lenders adopted after the mortgage bust.

By partnering with cities across America, the 100,000 Homes campaign is going directly to the streets to end homelessness - and it’s working. With roughly 700,000 people in the United States experiencing homelessness, this organization seeks to address that using a tiered system that considers individual health needs as well.

At least 25 percent of female veterans were sexually abused in childhood, making it more difficult to reenter civilian life. Volunteers of America runs a holistic housing program for homeless veterans in the U.S.

Female veterans are more likely to have a history of trauma, be unemployed, and be homeless. To address this disparity, the VA has started awarding grants to organizations that help female vets.

Foreclosure affects millions of homeowners and millions more owe more on their mortgages than what their homes are worth, but Empowering and Strengthening Ohio’s People (ESOP), offers assistance. As a free service to borrowers, ESOP holds lenders accountable with fair lending agreements, creates constructive communication, and ultimately saves homes.

An innovative program by an unusual bank allows low-income people in Cambodia to take out a 15-year fixed mortgage with little or no documentation - contradicting traditional loan assumptions and creating means for some of the country's poorest people to completely change their lives. The bank and its investors are now making a profit, and more than 700 mortgages and building loans have been provided.

New Orleans implemented an extraordinary 10-year plan that engaged unprecedented cross-sector collaboration between government, non-profit, and private entities to provide housing and housing services to the city's homeless veterans. The city's success in providing homes for every single veteran formerly on their streets motivated cities across the nation to tackle the crises using similar means, leading to a 1/3 decline veteran homelessness since 2010.

San Francisco's Care Not Cash program began in 2004 in response to the city's homelessness crisis. One facet of the program is an outreach team, whose members regularly visit homeless people on the street to connect them to resources such as housing and drug rehabilitation.

To address the increasing unaffordability of housing in Berlin, the city introduced a new rent control law to prevent rates from exponential growth. The city has also outlawed vacation rentals in certain zones of the city and created a program that aims to have 30,000 new rental properties available over the next decade.

To combat rampant homelessness, cities like New York are investing in supportive housing and comprehensive, consistent services for the homeless population. Although San Francisco has smaller-scale supportive housing programs. political will and regular funding are necessary to grow those initiatives and make a large impact on homelessness in the city.