CSHPI promotes social housing models that are sustainable, mixed income, publicly-owned, and deeply affordable.
Social housing takes housing policy out of the hands of Wall Street and places it back into the hands of the people.
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Our Purpose:
• Advance policy solutions that reverse the decades-long trend toward privatization and private-market dependance in our national housing policy;
• Educate the public about social housing as a means to solve the affordable housing crisis and create housing as a human right;
• Advocate for investment in social housing systems at both the national and local levels to give renters a “public option”, allowing them to access deeply affordable mixed-income rental housing available to all.
• Promote social housing as part of a broader New Deal infrastructure program to provide jobs and green our aging housing infrastructure.
• Advance/promote policies that direct public resources to build strong public institutions which lay the foundation for thriving and healthy communities.
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The Problem: The Deepening Affordable Housing Crisis
• Housing policy in the United States is deeply influenced by corporate developers and their investors.
• The investors that fund the production of rental housing are increasingly “institutional investors”. Common institutional investors are Wall Street banks, hedge funds, sovereign wealth funds, and Real Estate Investment Trusts.
• Each year institutional investors pour hundreds of billions of dollars into the global real estate market with the goal of maximizing their profit to the greatest extent possible.
• As such, these investors have created a highly financialized and speculative housing system. The result has been exploding housing costs and the displacement of millions of people around the country through evictions and foreclosure.
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The Solution: Social Housing
CSHPI promotes social housing models that are sustainable, mixed income, publicly-owned, and deeply affordable. Here’s how these models work.
• Housing as Infrastructure: Social housing promotes public investment in the production of deeply affordable mixed-income rental housing.
• A Public Option for Housing: Social housing acts as a “public option”, offering an affordable, vibrant, and diverse housing option for renters at a variety of income levels.
• The elimination of the profit motive: Social housing is publicly owned so it does not need to generate profits for corporations or shareholders. This allows social housing to be self- sustaining and operate with maximum efficiency. Social housing models operate to make Housing a Human Right by using public resources to promote the common good.