The Winter 1997-98 issue of Rural Voices highlights the intesection of Housing and Economic Development in rural areas.
Housing problems and economic problems go together in rural America. It often seems like a good idea to tackle both at once, but how? To what extent can housing development itself stimulate a local economy? What are the risks and rewards for a housing organization expanding into job creation, employment training, or business activities? This issue of Rural Voices includes two articles addressing these important questions.
First, the cover st01y examines the many positive economic impacts of housing development and suggests anumber of economic activities that fit well with housing endeavors. The second article explores factors a housing organization should consider in deciding whether to venture into economic development. Other timely subjects are included in this issue as well. A range of topics is covered in an interview with Nicolas P. Retsinas, until recently a top official at the Department of Housing and Urban Development and now the director of the joint Center for Housing Studies at Harvard University. An expanded View fi·om Washington examines the impact of the Clinton Administration’s proposed budget on the Rural Housing Service’s programs that serve the poorest rural residents by producing low-cost rental housing and assisting tenants with rent payments.