From Cherie Collins Sims, PhD <[email protected]>
Subject It’s a fact: housing instability is a major problem in America
Date July 25, 2023 2:00 PM
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John,

What would you do if the home you worked hard to own was lost because of an unexpected health issue?

It’s a question no one should have to ask themselves. Yet, millions of people every year in America face this fate, despite being responsible, hardworking citizens.

Adam* is one of them. Adam — a Detroit native who almost lost his home due to a health crisis and financial burdens that quickly piled up — was able to find relief through a Prosperity Now program. With your support today, we can help millions more facing housing instability. [[link removed]]

John, my team and I at Prosperity Now are working to establish programs that will reverse the horrifying economic trends we’re seeing today. But every policy we advocate for — policies that can start changing lives tomorrow — requires a base of financial support that turns advocacy into lower housing costs and financial security for those in need.

Here are the facts.

The average price for a house is three times higher than what the average person earns — and with how much it costs to maintain a home, many American families are teetering on the edge of housing instability.

1 in 4 people in this country are feeling the strain of spending a disproportionate amount of their monthly income just to cover housing costs.

Half of all renters in America are officially “housing cost-burdened” — and the number is even higher for renters of color.

Prosperity Now is working to change all of the above — but we need your help.

Adam found help through a local Prosperity Now program and now owns his home with peace of mind. More people’s stories could end like Adam’s, but I need your help to make a difference in their lives.

Support Prosperity Now with a donation today and help us build local programs and federal policies that equalize the economic playing field for all people in our country. [[link removed]]

Sincerely,

Cherie Collins Sims, PhD

Interim President and CEO

*Adam is a pseudonym that has been assigned to the subject of our story in order to protect his privacy

1200 G Street NW, Suite 400, Washington, DC xxxxxx

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