Section 8 of the United States Housing Act of 1937 allows many low-income families to find decent housing by paying for the rent of the aforementioned low-income families. The devastating effects of the recession coupled with federal cost-cutting measures, however, threaten to kick many low-income families off their homes and into the streets.
The problem is made even worse thanks to a surge in demand for Section 8 assistance – something that the government is having a very hard time coping with. Waiting lists are climbing ever higher and it doesn’t help that a surge in demand for rental properties is pushing rent up in states across America.
So now that Section 8 is struggling to match the housing needs of a growing number of low-income families, what can our government do to alleviate this problem?
We have two options here:
- get people the jobs they need to support their own rent or
- start working on low-income housing.
The first option is the better choice here. After all, finding work that pays off the bills is the medicine our country needs right now to get out of its glut of money problems. Actually creating those jobs, however, is starting to get difficult. Anemic sales make it difficult for businesses to expand while many existing companies prefer outsourcing jobs to low-wage countries instead.
The other option is for the government to start investing or encourage investing in low-income housing complexes. The way our economy is going, it looks like the old projects might need to be rebuilt and expanded even further.
In the meantime, however, those relying on Section 8 assistance may want to start looking long and hard at other options to get through these lean years. They may find themselves out on the streets and packing into shelters if they fail to do so.