Raphael Bostic joined KPCC’s Take Two roundtable discussion along with other economic experts discussing the new president’s affect on the economy. In terms of low-income housing pre-Trump, there was investment of federal money in housing assistance. Without the funds, there is a domino effect on the difficulties that will cause on those with low incomes.
If those go away, it makes it much more difficult for two reasons. One, we don’t have as much money to build. And if we don’t have voucher money for people who are lower-income, we’re going to see more and more families spending more and more of their income on housing, which will put stress on a whole host of other places.
To read the discussion highlights or listen to the conversation, click here.