Can a Policy Innovation Help Families in Public Housing Build Assets and Increase Their Earnings?

Imagine if all recipients of federal rental assistance had access to a savings account that grew as their earnings grew. This shift could potentially lead to a range of benefits, including increased earnings; investments in education, homeownership and small businesses that materially enhance households' well-being; and improvements in mental health. Of course, we don't know for sure whether these outcomes would occur - like all significant policy changes, this policy innovation would need to be rigorously tested. But it's an idea that merits further exploration, especially since any increases in earnings induced by the policy change would generate increased rent revenue that could help offset program costs.

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