LISC National
News

Housing, Health & Financial Well-being

4.17.2017

Research shows affordable housing provides a family with greater economic self-sufficiency, better health and improved educational outcomes. One NYC LISC study showed that moving to affordable housing is the equivalent of receiving a 30% wage increase. That savings allows families to spend a third more on healthier foods and five times as much on preventive healthcare and medicine, while also saving twice as much for retirement as peers who don't have affordable housing. Other studies show that stable, high quality affordable housing reduces chronic and stress-related illnesses such as asthma, hypertension, diabetes and depression. Health outcomes improve for adults and children alike, including the percentage of "well" babies with healthy birth weights. For all these reasons, LISC is proud to assist communities that are providing affordable housing for their residents.