While the vast majority of Americans feel stable and secure in their current situation, housing insecurity touches nearly half of adults at some point in their lives. A majority of Americans believe that it is challenging to find affordable quality housing in their communities. And more than half of all adults say they have made at least one trade-off in order to cover their rent or mortgage. Such trade-offs may include taking second jobs, cutting back on health care and healthy food, and moving to less safe neighborhoods.
Despite being one of the wealthiest counties in the nation, DuPage County has an alarming shortage of affordable housing. The median home price is simply out of reach for limited-income, hardworking families. Yet studies show that homeownership plays a significant role in the social and financial stability of our communities. Homeownership leads to increased graduation rates, positive health, the ability to live and work within one’s community and overall financial stability. Some doctors even consider safe, affordable housing as a “vaccine” to health epidemics in our community.