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Thursday, March 31, 2016

14 million Americans live in extremely poor neighborhoods

14 million Americans live in extremely poor neighborhoods - Mar. 31, 2016
The economic downturn in the early 2000s, which was followed by slow job growth and then the Great Recession, sent the poverty rate soaring. The growing concentration of poverty is closely linked to the availability of affordable housing, the report from Brookings Institution's Metropolitan Policy Program found.
In 2000, there were just over 2,000 Census tracts with concentrated rates of poverty -- where 40% or more of residents are poor. in the period between 2010 and 2014, that number had grown to nearly 4,200. Brookings compared data from the 2000 decennial Census and from the American Community Survey that looked at 2010 through 2014.
Poverty often becomes concentrated in neighborhoods with blocks of public or subsidized housing. Also, it can happen when middle income families move away, leaving the poor behind, said study co-author Elizabeth Kneebone, a Brookings fellow. Or, working class neighborhoods can slide into concentrated poverty if the local economy goes south and residents lose their jobs.

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