BEYOND THE NUMBERS
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This week at CBPP, we focused on housing, the economy, and state budgets and taxes.
- On housing, Ann Oliva emphasized that housing investments made during the pandemic are effective, but more is needed to support low-income communities and historically marginalized people. We updated our state federal rental assistance fact sheets.
- On the economy, Chad Stone pointed out that misperceptions about inflation have clouded the policy debate around Build Back Better. We updated our backgrounder on how many weeks of unemployment compensation are available.
- On state budgets and taxes, Wesley Tharpe explained why states should reject baseless claims for tax cuts.
Chart of the Week – 76% of Low-Income Renters Needing Federal Rental Assistance Don’t Receive It
76% of Low-Income Renters Needing Federal Rental Assistance Don't Receive It
Unassisted vs. assisted households, headed by someone who:
Note: Groups of household types are sized (on left) by number "needing assistance," which means they pay more than 30 percent of monthly income on housing and/or are living in overcrowded or substandard housing. "Low income" = 80 percent or less of median income. For more on how we count assisted renters, please see our federal rental assistance factsheets methodology.
Sources: Department of Housing and Urban Development (HUD) custom tabulations of the 2019 American Housing Survey and CBPP tabulations of 2018 HUD administrative data; 2020 McKinney-Vento Permanent Supportive Housing, Transitional Housing, Safe Havens, and Other Permanent Housing bed counts; 2019-2020 Housing Opportunities for Persons with AIDS grantee performance profiles; and the Department of Agriculture's FY2020 Multi-Family Fair Housing Occupancy Report.
A variety of news outlets featured CBPP’s work and experts this past week. Here are some of the highlights:
3.7 million kids may fall into poverty in January without child tax credit, study says
McClatchy
January 19, 2022
Without Child Tax Credit payments, January child poverty rate could increase up to 17 percent
The Hill
January 19, 2022
Treasury Secretary Janet Yellen Tells King Breakfast Attendees The Feds Must Work to Eliminate Systemic Inequalities
Black Entertainment Television
January 18, 2022
Some insurance brokers enroll people in ACA plans without consent
NPR
January 17, 2022
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