The Impact of Supportive Housing on Surrounding Neighborhoods
Publication Date: October 2008
Publisher(s): Furman Center for Real Estate
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: neighborhoods; property values; supportive housing; Affordable Housing
Type: Working Paper
Communities across New York City and around the nation commonly oppose proposals to open supportive housing in their neighborhoods because of fear that the housing will decrease the quality of life in the neighborhood, and lead to reductions in property values. This study aims to give supportive housing providers and local government officials objective, credible information to guide policy decisions and to respond to opponents’ fears and arguments. Using a difference-in-difference regression model to isolate the effect of supportive housing from more general macro and micro market trends and neighborhood variations, this paper examines the impact that almost 7,500 units of supportive housing created in New York City over the past twenty years have had on their host neighborhoods over time.