(The Center Square) – The typical American has to save for at least a decade to afford a home in their state, despite the federal government spending nearly half a trillion dollars on housing programs since 2015, a new report reveals.
Open The Books analyzed state-by-state median household income, the federal government's House Price Index, and spending by the U.S. Department of Housing and Urban Development on 18 housing programs over the past decade. Open The Books is an organization that tracks government spending.
kAmxE 7@F?5 E92E E96 >65:2? 9@>6 AC:46 @FEA2465 >65:2? 9@FD69@=5 H286D :? 2== d_ DE2E6D 7C@> a_`d E@ a_ac]k^Am
kAmx? 2== 3FE EH@ DE2E6D[ E96C6 H2D 2 5@F3=6\5:8:E 5:776C6?46 36EH66? E96 8C@HE9 C2E6 @7 :?4@>6 G6CDFD 9@>6 AC:46D[ H9:49 ~A6? %96 q@@<D 42==D E96 “277@C523:=:EJ 82A]”k^Am
kAm}@E23=J[ E96 kDEC@?8mk2 9C67lQ9EEADi^^HHH]@A6?E963@@<D]4@>^2DD6ED^`^e^tIEC6>60|2<6@G6C0u:?2=]A57Q E2C86ElQ03=2?<QmC6A@CEk^2m[k^DEC@?8m QtIEC6>6 |2<6@G6Ci p>6C:42? sC62> t5:E:@?n[Q 7@F?5 3C@25 86@8C2A9:4 2?5 A@=:E:42= 5:G6CD:EJ 2>@?8 DE2E6D H:E9 E96 >@DE D6G6C6 277@C523:=:EJ 82AD] %96 C6A@CE H2D C6=62D65 |@?52J ?:89E]k^Am
kAmx529@ 92D E96 9:896DE 277@C523:=:EJ 82A[ :ED D4@C6 @7 gb]b C67=64E:?8 E96 >65:2? 9@>6 AC:46 8C@H:?8 3J `d`T 2D >65:2? :?4@>6D C@D6 @?=J egT 7C@> a_`d E@ a_ac]k^Am
kAmu=@C:52 7@==@HD 369:?5 H:E9 2 ff]a 277@C523:=:EJ 82A[ EC2:=65 3J &E29[ %6??6DD66[ pC:K@?2[ }6H w2>AD9:C6[ }6G252[ |2:?6[ #9@56 xD=2?5 2?5 (2D9:?8E@?]k^Am
kAm%96 `_ DE2E6D H:E9 E96 =@H6DE 277@C523:=:EJ 82AD 2C6 6BF2==J 5:G6CD6] {@F:D:2?2 92D E96 =@H6DE 277@C523:=:EJ 82A[ e]e[ H:E9 9@>6 AC:46D C:D:?8 c_T 2?5 :?4@>6 C:D:?8 bb]cT @G6C E96 564256 DEF5:65]k^Am
kAm(6DE ':C8:?:2 92D E96 D64@?5 =@H6DE 277@C523:=:EJ 82A[ 7@==@H65 3J }@CE9 s2<@E2[ |:DD:DD:AA:[ p=2D<2[ x==:?@:D[ |2CJ=2?5[ x@H2[ r2=:7@C?:2 2?5 w2H2::]k^Am
kAmq6D:56D 4@>A2C:?8 9@>6 AC:46 2?5 H286 8C@HE9[ ~A6? %96 q@@<D 2=D@ 42=4F=2E65 H92E 7C24E:@? @7 2 9@FD69@=5 :?4@>6 :D ?66565 7@C E96 EJA:42= DE2E6 C6D:56?E E@ 277@C5 2 a_T 5@H? A2J>6?E @? 2 EJA:42==J\AC:465 9@>6]k^Am
kAmx? 6G6CJ DE2E6 3FE p=2D<2[ E96 4@DE @7 2 a_T 5@H? A2J>6?E @? 2 EJA:42= 9@>6 6I4665D `__T @7 E96 EJA:42= 9@FD69@=5’D AC6\E2I 2??F2= :?4@>6]k^Am
kAm%92E >62?D :E H:== E2<6 E96 >65:2? &]$] 62C?6C H9@ D2G6D `_T @7 E96:C AC6\E2I 2??F2= :?4@>6 2E =62DE ?:?6 2?5 2 92=7 J62CD E@ 249:6G6 9@>6 @H?6CD9:A :? 2?J DE2E6]k^Am
kAmx? D@>6 DE2E6D[ E96 H2:E E:>6 :D >@C6 E92? EH@ 564256D]k^Am
kAmp |2:?6 C6D:56?E >2<:?8 E96 DE2E6 >65:2? :?4@>6 2?5 D2G:?8 `_T AC6\E2I 6249 J62C 92D E@ H2:E ad J62CD 367@C6 E96J 42? 277@C5 2 a_T 5@H? A2J>6?E @? 2 9@>6]k^Am
kAm%96 >65:2? 9@>6 4@DE :? |2:?6 :D @G6C Shea[___[ 2?5 E96 >65:2? D2=2CJ :D =6DD E92? Sff[___[ >62?:?8 2 5@H? A2J>6?E 4@DED ad`T @7 E96 EJA:42= C6D:56?E’D AC6\E2I >65:2? :?4@>6]k^Am
kAm}6H *@C<[ |2DD249FD6EED[ #9@56 xD=2?5[ u=@C:52[ |@?E2?2[ x529@[ '6C>@?E[ (2D9:?8E@?[ ~C68@?[ r2=:7@C?:2 2?5 %6??6DD66 2== 92G6 5@H? A2J>6?E 4@DED 36EH66? aceT 2?5 `gdT @7 AC6\E2I >65:2? :?4@>6 =6G6=D]k^Am
kAmqJ 4@?EC2DE[ p=2D<2 92D E96 >@DE 2EE2:?23=6 5@H? A2J>6?ED[ 7@==@H65 3J (6DE ':C8:?:2[ ~<=29@>2[ x@H2[ z2?D2D[ {@F:D:2?2[ x==:?@:D[ }@CE9 s2<@E2[ (J@>:?8[ %6I2D[ ~9:@[ 2?5 |:??6D@E2] tG6? :? E9@D6 DE2E6D[ 9@H6G6C[ E96 AC:46 @7 2 5@H? A2J>6?E @? 2 9@>6 C2?86D 7C@> hd]gT E@ `baT @7 AC6\E2I 2??F2= :?4@>6]k^Am
kAmr9C:DE@A96C }667FD[ G:46 AC6D:56?E @7 4@>>F?:42E:@?D 2E ~A6? %96 q@@<D[ D2:5 E96 7:?5:?8D DA62< E@ 2 “86?6C2E:@?2= E6?D:@?” 36EH66? J@F?86C 86?6C2E:@?D 2?5 E96 q@@>6C 86?6C2E:@?[ H96C6 9@>6 @H?6CD9:A H2D 4@?D:56C65 2 <6J A2CE @7 “E96 p>6C:42? 5C62>]”k^Am
kAm“p 5@H? A2J>6?E @? 2 9@>6 :D D@ 72C @77 :? E96 5:DE2?46 7@C D@>6 7@=<D[ :E >2<6D D6?D6 E@ C64@?D:56C H92E E96 p>6C:42? 5C62> =@@<D =:<6[” }667FD E@=5 %96 r6?E6C $BF2C6] “p?5 :? E96 >62?E:>6[ E96 8@G6C?>6?E :D E9C@H:?8 2 E@? @7 42D9 2E E96 D:EF2E:@?[ 2?5 2D H6VG6 D66? E:>6 2?5 282:?[ E9:D E@A\5@H? DA6?5:?8 :D ?@E C62==J >@G:?8 E96 ?665=6 E96 H2J E92E :E ?665D E@ 7@C 7@=<D]”k^Am
kAmq6EH66? a_`d 2?5 a_ac[ w&s DA6?E >@C6 E92? Sce_ 3:==:@? @? `g 9@FD:?8 277@C523:=:EJ AC@8C2>D]k^Am
kAm*6E H96? ~A6? %96 q@@<D 3C@<6 5@H? E92E DA6?5:?8 7@C 6249 DE2E6 @? 2 A6C\42A:E2 32D:D[ C6D62C496CD 7@F?5 E92E E9@D6 E2IA2J6C 5@==2CD C65F465 E96 277@C523:=:EJ 82A @G6C E92E 564256 3J 2 DE2E:DE:42==J :?D:8?:7:42?E a]fdT]k^Am
kAm“xE DA62<D E@ E96 :?677:4:6?4J @7 D@>6 @7 E96D6 AC@8C2>D] (96? J@F DA6?5 7C@> E96 E@A 5@H?[ :EVD G6CJ 5:77:4F=E 7@C 5@==2CD E@ 6?5 FA H96C6 E96JVC6 ?66565 E96 >@DE[” }667FD D2:5] “p?5 E96? J@F 92G6 2 AC@3=6> D:>:=2C E@ H92E H6VG6 D66? :? 9:896C 65F42E:@?[ H9:49 :D E@ 92G6 2== @7 E9:D 8@G6C?>6?E :?G6DE>6?E E@ 96=A A6@A=6 277@C5 9:896C 65F42E:@?[ 3FE F=E:>2E6=J :E 5@6D?VE 4@?EC@= 4@DE]”k^Am
kAm#62= C67@C>[ }667FD 2C8F65[ ?665D E@ 92AA6? 2E E96 DE2E6 =6G6=]k^Am
kAm“(96? 5@==2CD 2C6 DA6?E @? 2 >@C6 =@42= =6G6=[ H96C6 A6@A=6 F?56CDE2?5 E96 E6CC2:? 2?5 E96 ?665D @7 E96 4@>>F?:EJ[ E92E’D 2=H2JD 8@:?8 E@ 36 36EE6C E92? 2 8:2?E =F>A DF> 7C@> E96 7656C2= 8@G6C?>6?E[” 96 D2:5]k^Am
kAm“%96D6 2C6 3:8\A:4EFC6 724E@CD E92E 8@ 36J@?5 2?J ?2CC@H 7:I] qFE H92E’D 366? AC@G6? @G6C E96 564256D :D ,E92E. >@C6 =@42= 564:D:@?D E6?5 E@ =625 E@ 36EE6C @FE4@>6D] {6EE:?8 =23@C2E@C:6D @7 56>@4C24J 4@>A6E6 2?5 :56?E:7J D@=FE:@?D :D =:<6=J 36EE6C E92? 2 D:?8=6 564:D:@?>2<:?8 3@5J 2E E96 7656C2= =6G6=]”k^Am
