'Unfathomable' Budget Cuts Deepen the Housing Crisis

The continuing recession and housing crisis are being further decimated by federal cuts to housing aid, according to The Nation.

1 minute read

January 1, 2012, 9:00 AM PST

By Cathie Pagano


According to author Patrick Markee writing for The Nation, "Indeed, in the midst of rising homelessness, rampant joblessness and the lingering foreclosure crisis, Congress recently slashed the federal housing agency's
 budget by $3.8 billion."

"The federal housing agency's annual assessment finds that 'worst-case housing needs' grew by 42 percent from 2001 to 2009, and nationwide there is a shortfall of nearly 3.5 million housing units for the poorest households... Another way you can find tangible evidence of the housing affordability crunch is by visiting one of New York City's exploding number of homeless shelters, where a record 41,000 homeless people bed down each night, including more than 17,000 children."

Availability of affordable housing, including rentals and government managed units have decreased over the past ten years and continue to shrink even more, according to Harvard University's Joint Center for Housing Studies.

Thanks to Cathie Pagano

Wednesday, December 14, 2011 in The Nation

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Use Code 25for25 at checkout for 25% off an annual plan!

Redlining map of Oakland and Berkeley.

Rethinking Redlining

For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.

May 15, 2025 - Alan Mallach

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

May 14, 2025 - Diana Ionescu

Front of Walmart store with sign.

Walmart Announces Nationwide EV Charging Network

The company plans to install electric car chargers at most of its stores by 2030.

May 7, 2025 - Inc.

Aerial view of Albuquerque, New Mexico at sunset.

New State Study Suggests Homelessness Far Undercounted in New Mexico

An analysis of hospital visit records provided a more accurate count than the annual point-in-time count used by most agencies.

May 16 - Source NM

Close-up on white bike helmet lying on pavement with blurred red bike on its side in background abd black car visible behind it.

Michigan Bills Would Stiffen Penalties for Deadly Crashes

Proposed state legislation would close a ‘legal gap’ that lets drivers who kill get away with few repercussions.

May 16 - Wood TV 8

Muni bus on red painted bus-only lane in downtown San Francisco, California.

Report: Bus Ridership Back to 86 Percent of Pre-Covid Levels

Transit ridership around the country was up by 85 percent in all modes in 2024.

May 16 - Mass Transit