Supporting Vulnerable Communities Through Rental Relief and Services
Abstract
When COVID-19 began to sweep across the country more than a year ago, the United States was already facing crisis-level housing affordability issues – particularly for lower income households. The lack of direct rent relief programs, coupled with an annual median household income nearly $40,000 less than homeowners, makes renters more vulnerable to economic downturns. As entire cities shut down, tens of millions of Americans lost their jobs, their source of income and in many cases, their ability to pay rent. Now is the time to be proactive and work toward developing long-term solutions to the housing crisis that is plaguing our country’s most vulnerable. This is why the TD Charitable Foundation is so excited to shed light on the innovative solutions proposed by 32 of its partners for communities from York County, ME to Miami, FL which will provide direct rent relief as well as access to services such as daycare referrals, employment counseling, assistance in obtaining access to healthcare and food aid.
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