Policy Impact Analysis - 117/HR/9313

Bill Overview

Title: Housing for Homeless Students Act of 2022

Description: This bill extends eligibility for the low-income housing tax credit to homeless youth and veterans who are full-time students during a specified time period.

Sponsors: Rep. Davis, Danny K. [D-IL-7]

Target Audience

Population: Homeless youth and veterans who are full-time students

Estimated Size: 200000

Reasoning

Simulated Interviews

Full-time student (Los Angeles, CA)

Age: 19 | Gender: female

Wellbeing Before Policy: 3

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • I'm trying to balance school and work, but it's hard without stable housing.
  • This policy could really provide the stability I need to succeed in school and eventually graduate.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 3
Year 2 6 3
Year 3 7 4
Year 5 8 4
Year 10 8 4
Year 20 7 5

Veteran, full-time student (Houston, TX)

Age: 25 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 3.0 years

Commonness: 10/20

Statement of Opinion:

  • I find it hard to concentrate on my studies with housing worries always in the back of my mind.
  • Access to housing through this policy could lighten the load and help me focus on my future.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 5
Year 3 6 5
Year 5 5 5
Year 10 5 5
Year 20 5 5

Full-time student (Chicago, IL)

Age: 21 | Gender: other

Wellbeing Before Policy: 3

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • I had to drop out due to stress from not having a safe place to stay.
  • This policy might enable me to go back to school and finish my degree.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 3
Year 2 7 3
Year 3 8 4
Year 5 8 5
Year 10 7 5
Year 20 6 5

Veteran, part-time student (Phoenix, AZ)

Age: 32 | Gender: male

Wellbeing Before Policy: 3

Duration of Impact: 4.0 years

Commonness: 8/20

Statement of Opinion:

  • Housing is my main problem; as soon as that's secure, I feel everything else will fall into place.
  • If this policy comes through, I could potentially focus better on my courses.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 3
Year 2 5 4
Year 3 6 4
Year 5 6 4
Year 10 5 4
Year 20 5 4

Full-time student (New York, NY)

Age: 20 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 2.0 years

Commonness: 12/20

Statement of Opinion:

  • The high cost of living in the city makes it very hard to manage financially as a student.
  • Any bit of assistance through this policy would relieve some of the pressure.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 5 5
Year 10 5 5
Year 20 4 5

Veteran, full-time student (Washington, D.C.)

Age: 45 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 9/20

Statement of Opinion:

  • I've managed to get by, but sure this policy could help those currently struggling more.
  • For me, it provides peace of mind that more help is there if things take a turn.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 6
Year 20 6 6

Full-time student (Atlanta, GA)

Age: 23 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • Having stable housing would free up so much mental space and time that I could dedicate to academics and personal growth.
  • The policy sounds like a dream come true, although I am curious how it will be implemented.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 4
Year 2 7 5
Year 3 8 5
Year 5 7 5
Year 10 6 5
Year 20 5 6

Veteran, student part-time (Orlando, FL)

Age: 28 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 5.0 years

Commonness: 11/20

Statement of Opinion:

  • With the added stress of childcare, housing stability would provide a world of difference.
  • This policy would allow me to redistribute finances towards childcare or educational materials.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 4
Year 5 6 4
Year 10 5 4
Year 20 4 5

High school student, community college courses (Rural Michigan)

Age: 17 | Gender: male

Wellbeing Before Policy: 3

Duration of Impact: 4.0 years

Commonness: 6/20

Statement of Opinion:

  • Just knowing there's a chance of stable housing really motivates me to pursue higher education.
  • It's tough to plan my education path when I'm not even sure where I'll be living next month.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 3
Year 2 6 4
Year 3 6 4
Year 5 6 4
Year 10 7 5
Year 20 6 6

Veteran, freelance gig worker, part-time student (San Francisco, CA)

Age: 30 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 6.0 years

Commonness: 7/20

Statement of Opinion:

  • The high cost of rent is overwhelming, especially here in San Francisco.
  • If this policy could offset some housing costs, my stress levels would definitely go down.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 7 4
Year 10 6 4
Year 20 5 5

Cost Estimates

Year 1: $300000000 (Low: $250000000, High: $350000000)

Year 2: $310000000 (Low: $260000000, High: $360000000)

Year 3: $320000000 (Low: $270000000, High: $370000000)

Year 5: $340000000 (Low: $290000000, High: $390000000)

Year 10: $370000000 (Low: $320000000, High: $420000000)

Year 100: $400000000 (Low: $350000000, High: $450000000)

Key Considerations