3.4 Pillar IV
Pillar IV - Protect Against Displacement and Poor Housing Conditions
Housing stability provides individuals with the stability that they need to thrive. Pillar IV, Protect against displacement and poor housing conditions, includes policies that help renters and homeowners remain stably housed in the face of challenges like rising rents, job loss, health crises, gentrification, and mortgage defaults.
Providing affordable housing is one way to boost stability, but not the only way. Pillar IV policies include other approaches to increasing housing stability, such as providing financial and legal assistance to help residents avoid eviction, implementing programs to help homeowners avoid foreclosure, and efforts to enhance housing quality and promote community stability by reducing blight.
Policy Subcategories Under Pillar IV:
- Enhancing renters’ and homeowners’ housing stability
- Enhancing community stability
- Improving the quality of both new and existing housing
- Ensuring the ongoing viability of unsubsidized affordable rentals
1. Enhancing renters’ and homeowners’ housing stability
2. Enhancing community stability
3. Improving the quality of both new and existing housing
4. Ensuring the ongoing viability of unsubsidized affordable rentals
These policies promote residential stability by seeking to help affordable rentals not protected by subsidy requirements remain affordable for lower-income households. The policies have two main goals: in markets with weak demand, they seek to help owners maintain their properties in good condition, preventing the loss of units through deterioration. In high-cost markets, the policies seek to help smaller owners successfully manage their properties so that they do not feel compelled to sell the properties to larger owners who might substantially renovate them to reposition them for higher-income tenants.
To learn more about a sample of policies within this subcategory, match up the examples below with the correct definition by first clicking on a policy and then clicking on the box where you think it should go. Do this for each of the policies, and then check your results.