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One indicator of sensible fiscal practices is maintaining balance between spending and revenues. Occasional deficits may be necessary.
State and local governments charge fees for the use of certain services. These fees are based on the principle that people should pay according to the benefits they receive.
Taxes are complicated. Compliance often poses challenges.
Affordability, accessibility, supportive services in housing, and fair housing make up the bulk of this chapter.
People of all ages and ability levels need safe, decent, and affordable housing that will enable them to continue living safely in their homes and communities as they get older.
Housing costs determine whether individuals and families can live in a neighborhood without sacrificing other basic necessities, such as food and health care.
A range of programs exists to address the lack of affordable housing. These programs are not nearly enough to meet the demand from those who are housing cost-burdened.
Almost 20 million households headed by someone age 50 and over are housing cost-burdened. That is, they spend more than 30 percent of their income on housing.
On an average night in 2022, more than 580,000 adults and children experienced homelessness in the U.S.
Housing should meet the needs of all individuals, regardless of age and ability level.