25 Mar Affordable Housing Is Creating Equity for All
Millions of American families still struggle to try to own their own homes. Much to the disgrace of the nation, there are an estimated 553,742 people experiencing homelessness in the United States on any given night. It is a terrifying reality that many may not get the opportunity to own a home, which is particularly likely if we do not do more to promote equality in affordable housing.
How Does Affordable Housing Create Equity?
Believe it or not, the concepts of affordable housing and equity are intertwined in a lot of ways. When people own their own homes, they are more likely to have what it takes to build wealth that can last for generations. When they are denied those opportunities, things can become more challenging for everyone. Owning your own home is the fastest way to achieve a better shot at creating wealth for yourself and your family.
How Is Equity Involved in Affordable Housing?
When people are provided with affordable housing options, they are finally able to get themselves and their loved ones into a space that they can call their own. This is important because they need to have the basics of a roof over their head before they can ever hope to work on the other concerns related to their financial well-being and equity with other people. Creating affordable housing options for people means recognizing that there is an issue that can and should be addressed. It means understanding that people need spaces to live in, and failure to provide those spaces to people leads to worse outcomes for everyone.
Are affordable housing and equity related? Yes, there is no question about it. When people are denied the opportunity to access affordable housing, they cannot do anything more to contribute to society. They become locked in a cycle of paying rent to a landlord, and this means that they never have enough funds for themselves to start to build the kind of future that they want to build for themselves and their family. The situation can become particularly desperate for some people, and they might even find that they are unable to escape from the negative dynamics. Thus, they fall further and further down the income ladder, and they are never able to get back to a place where they have the same shot as everyone else at building a future that works for them and their family.
Here at Emotive Architecture, we believe in building affordable housing that gives people a sense of dignity about where they live. We understand that providing even these basics for people gives them a leg up compared to where they were before, and we know how important that is to the ability of individuals to get further in life. We envision a future when access to affordable housing is not such a problem for people, and we want to help build that future for everyone that we can. If you also believe in that mission, we hope you will stop by and check out what we are all about.