Panel Paper:
The Impact of Affordable Housing on the Well-Being of Low-Income Households: Early Findings from the NYC Housing and Neighborhood Study
*Names in bold indicate Presenter
Affordable housing generally serves a low-income working population that may be at greater risk because they do not qualify for most subsidies, yet frequently struggle to make ends meet, particularly in high cost housing markets. Receipt of subsidized housing may help to improve the health and well-being of these households through multiple pathways, including lower housing costs that enable a family to invest scarce resources, improved housing quality that reduces exposure to substandard conditions that may impair physical health, and improved access to resource-rich neighborhoods that provide opportunities for social engagement and higher quality local institutions and amenities. This paper examines how housing contributes to the physical and mental health of these low-income individuals, including if the offer of affordable housing and corresponding changes to housing and neighborhood conditions lead to improvements in well-being.
The New York City Housing and Neighborhood Study is a randomized control trial that evaluates the impact of moving to newly-constructed affordable housing on the well-being of near-poor households in New York City. 3,000 households were randomly assigned to either receive an affordable housing unit at one of eleven developments located in five neighborhoods (n=~1,500) or remain in private market housing without assistance (n=~1,500). In-person follow-up interviews were conducted two to four years after intervention to assess differences in housing and neighborhood quality, financial stability, neighborhood safety, social context, physical and mental health, and health behaviors.
Preliminary findings show that treatment households are significantly less likely to be rent burdened, to have delayed critical expenses due to financial strain, to be depressed or anxious, or to have had an asthma attack in the past year. Those offered housing are significantly more likely to live in a unit with no maintenance deficiencies and to feel safe in their neighborhood. These findings offer first-of-its-kind evidence of the impact of affordable housing on individual outcomes and show the potential for affordable housing programs to improve the well-being of this vulnerable population.