There are over two million people living in Public Housing, which is provided by the Federal Government. With that total, 16% are seniors and 36% are disabled people. 49% of residents are most likely to stay in Public Housing for more than five years. The average annual income of residents who live under this program ranges from $14, 511 to $15,000 per year. This is just over a quarter compared to the average annual income of the median household, which is $51, 939. The most affordable housing properties are located in Detroit, with an average cost of $64, 110.

Public Housing is a lot cheaper compared to this, and it is truly baffling how unstable the housing market in the U.S. is. Public Housing Tenants are required to pay 30% of their income to housing costs. A special deal is made between the tenants and the landlord where the housing rates they need to pay is based on their income. This makes it easy for them to pay.

In a study that focuses on the achievements and failures of Public Housing, it is made clear that there are dedicated tenants or management teams who provide the best resources for their low-income tenants. It is also explained that a big problem in Public Housing these days is mismanagement. Public Housing doesn’t end if the lease is signed and the family or individual has already settled in the provided property.

The cost of living is another factor to consider. The average cost of food for an average American household is $550 per month. However, most households spend more than this because of the number of mouths they need to feed. Most people make the best out of that amount and even try to save more money by rationing their food and other necessities.

Read the full article about the current state of public housing in the U.S. by Borderless Charity, Inc. at medium.com