NHPF Affordable Housing & Social Mobility Survey Compendium

Onsite financial education and workforce development programs rank highest. Amenities that attend to life improvement needs and goals have become a critical component of high- quality affordable housing. The survey asked respondents to rank such services on a scale of 1–5, with “1” being “most likely” to improve quality of life. • “Financial education” and “workforce development programs” had the highest number of “1” rankings (25.82% and 27.5 respectively) • “After-school and summer youth programs” (20% ranked number 1) • “Fitness and health programs” (14.5% ranked number 1) • “Community building social events” (12% ranked number 1) “Clearly a majority of Americans consider financial wellness ‘job one’,” said NHPF VP of Resident Services, Ken White. “This finding reinforces the need for affordable housing providers to offer a wealth of onsite educational and other services.” Nearly 40% of respondents fear job loss will lead to loss of housing. In addition, those polled also felt that the following could lead to a loss of housing: Perceived lack of affordable options (28%), increased rents (24%) and retirement (21%). “Job loss is the top concern to those who fear losing their housing; the two go hand-in-hand,” added Burns. Despite these fears, CEO Burns is buoyed by the positive attitudes of survey respondents about affordable housing, adding, “It all starts with housing. Without the underpinning of a secure place to live, it’s nearly impossible for an individual or head of household to find and keep a job and provide for themselves and their loved ones.” To that end, The NHP Foundation is looking to increase its construction and preservation of affordable housing units substantially this year.

THE NHP FOUNDATION: THOUGHT LEADERSHIP

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