To be financially stable, individuals and families need housing that is affordable. For many, finding or maintaining a home in the National Capital Area, which has some of the highest rents and property values in the country, can seem out of reach. The two biggest issues around housing in the National Capital Area are:
Reduced Affordable Housing Options: Affordable housing in our region is difficult to find, to rent or own. More than 27,000 area home loans are in foreclosure in our area. Prince George's County is hardest hit with 4.6% of loans in foreclosure, according to the Washington, DC Metropolitan Area Foreclosure Monitor-Fall 2010.
Homelessness: In 2010, almost 11,500 people were officially homeless in our region. The homeless include 1,524 families, of which 1,884 are adults, and 3,000 are children.
United Way NCA is at work identifying strategic partnerships to aid area residents in securing safe and affordable housing. One of the most successful services to help someone keep their home is housing counseling services to those who need immediate help. United Way NCA partners with the Capital Area Foreclosure Network (CAFN) to provide more housing counselors for the greater Washington area.
In addition, United Way NCA works with our member nonprofits to assist in providing relocation supports and services to everyone in need including mentally and physically disabled as well as victims of domestic violence.
Everyone in our community deserves the security that comes from knowing they can afford to find a home, or stay in their existing home. Working together, across all sectors of our community, we can make this vision a reality.