Economics | Growth and Development | Regional Economics
The Seidman College of Business at Grand Valley State University was retained by Housing Next to perform an economic impact study of affordable housing in the Grand Rapids area. The objectives of this study include:
A. Estimate the average and total housing burden for low-income households by each county.
B. Estimate the changes in different categories of expenditures (food, health care, etc.) due to reduced housing burden.
C. Estimate savings to public health care and food assistance programs due to reduced housing burden.
D. Estimate improvements to health outcomes due to potential increases in spending on health care and food consumption.
E. Analyze the significance of other potential changes in socio-economic conditions of low-income households due to reduced housing burden.
COVID-19 Disclaimer: This white paper does not factor in the economic or social impact of the COVID-19 pandemic.
Glupker, Christian; Ogura, Laudo Ph.D.; and Grand Valley State University, "The Economic Impact of Affordable Housing Stock in Kent and Ottawa County, Michigan" (2021). Other Faculty Publications. 9.