How States Can Support Shared Prosperity in Cities through Affordable Rental Housing

Brief

How States Can Support Shared Prosperity in Cities through Affordable Rental Housing

Abstract

New technologies, economic shifts, changing demographics and continued racial biases are widening income inequalities and racial disparities in cities across the United States. As a result, economic opportunities are increasingly concentrated among a small share of the population and in a limited number of places. To combat increased economic and geographic inequality within cities, local leaders are launching new efforts to enable women, people of color and other underrepresented groups to contribute to and benefit from economic growth. But local leaders cannot address these issues on their own. In an era of federal withdrawal from investments in communities and the social safety net, state and local leaders must work together to advance shared prosperity. In this series of briefs, we articulate why the issues of affordable housing, job growth and upskilling workers matter to statewide shared prosperity. In addition, we explore how state and local governments can forge more effective partnerships, and we profile states that are leading the way.

In this brief, we discuss how state and local governments can more effectively partner to address rental housing affordability challenges in cities and why these policies could enable more families to prosper.

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Research Area: 

Centers

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