Rental housing assistance is seen as a primary measure to reduce residential mobility of poor families. Rental housing assistance bridges the gap between the cost of housing and what the family can afford. On an average the length of tenancy for households receiving rental housing assistance is six years according to HUD. However in New York City the median length is 16 years for young tenants and 23 years for middle aged tenants.
The issue lies in the fact that fewer than 13 million lowest income households who are eligible for rental housing assistance actually receive it due to insufficient funds. Also new investment in rental housing has been sparse. Changes in Federal policy too have reduced the potential for rental housing assistance.
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