The Truth About Affordable Housing

When most people hear the term “affordable housing” they may picture low-quality, destitute developments that are a drain on local communities. However, nothing could be further from the truth. A recent study by University of California, Irvine revealed that affordable housing decreases crimes and increases surrounding property values. Specifically, “the study found affordable housing added value to nearby homes by about $16,000.” Affordable housing also significantly lowered most types of crime, especially violent crime such as robbery and assault.

There are many other studies throughout the country that concur with the UCI study, including one done by Stanford University. This particular study expanded on UCI’s findings to show that affordable housing also positively increases diversity and can revitalize poverty-stricken neighborhoods.

There is currently a huge need for housing, particularly affordable housing. It is a crisis that many states and cities are facing. Irvine has been voted the safest city in America for 16 years in a row while providing the most affordable housing in the entire county. This proves affordable housing can be achieved in conjunction with providing a safe and prosperous community.

Here at WHA, we understand this critical need for affordable housing while upholding high-quality design. Arroyo at Baker Ranch developed by Meta Housing, is an exemplary project located in Lake Forest, CA. Arroyo at Baker Ranch is comprised of 189 affordable apartment homes on 6.3 acres. This community offers 1, 2 and 3 bedroom floor plans, features a large community center, swimming pool, outside play area, business center, kids classroom, and on-site laundry facilities. Another project, Oceana, developed by AMCAL Multi-Housing and located in Huntington Beach, CA has helped transform the area through thoughtfully organized urban redevelopment. Providing critically needed housing for local wage earners, this LEED Silver project incorporates social services for children and adults, boosting its long-term vitality. Praised by public officials, it sets a high and practicable bar for future development.

So next time you hear “affordable housing” perhaps now you will be able envision a beautiful product that uplifts its community.