Subtenures and Housing Outcomes for Low Income Renters in New York City

Abstract

New York has devised a variety of policy approaches to improve the housing status of low-income households, including public housing, publicly subsidized private housing, rent vouchers, welfare shelter allowances, rent regulation, and tax incentives to landlords. Little systematic attention has been paid to how these various subtenures compare when judged by the housing outcomes they produce for low-income households in the city. Using data from the 1996 New York City Housing and Vacancy Survey, this article compares New York City’s rental subtenures in terms of the following outcomes: housing quality, crowding, affordability, residential mobility/stability, and various indicators of neighborhood quality. Adjusting for differences in household and housing stock characteristics, we find that the tenant-based Section 8 program seems to produce the best set of overall outcomes for low-income renters in the city.