We can all agree that keeping a roof over one’s head is more expensive than ever whether you are looking to buy a home or rent, but renters face the most challenges.

At one end of the spectrum are higher-income earners and investors who have been fueling the housing market, as they took advantage of low interest rates and earnings that kept up with, or surpassed, inflation.

Homeowners get to build wealth through equity and it’s been nothing but good news during this most recent housing boom, especially in places like the Boston area.

Now that inflation has taken a foothold in the country, some housing market analysts believe that a cooling off of the hot nationwide housing market is coming, due to rising interest rates, as evidenced by the number of mortgage application cancellations. As mortgage rates have risen, prospective buyers are concerned about needing higher down payments and larger monthly mortgage obligations. According to the real estate firm Redfin, mortgage application cancellations went up to 15% in June.

At the other end of the housing spectrum are those who were formerly homeless and are now looking to transition out of shelter into housing. They are looking to rent apartments, usually 2-bedrooms in the case of families working with Hildebrand. The recently released The State of the Nation’s Housing 2022 report, by the Joint Center for Housing Studies of Harvard University, noted that not only have housing prices continued to rise but that nationally, the rents in professionally-managed properties rose 12% in the first quarter of this year. This has put a strain on Hildebrand’s ability to move families out of shelter and into affordable permanent housing. Concurrently, now that pandemic relief programs have faded and fears of contracting COVID-19 in congregate living are waning, we are seeing the strain on the other end of the housing spectrum – emergency shelter – as more families seeking shelter come to Hildebrand and need us to guide them through realistic housing options.

Although we do have formerly homeless families who are now homeowners, our focus is on those families who are transitioning from shelter and looking for affordable apartments. Even more to the point, most will need to find subsidized housing because heads of households in Hildebrand shelters, working full-time, made an average of $16.79 per hour over the last quarter. According to the National Low Income Housing Coalition, to afford the fair market rent for a 2-bedroom in Boston in 2021, one would have to pay $2,336 and need to earn $44.92 per hour. This is on par with what the U.S. Department of Housing and Urban Development (HUD) established as the fair market rents (FMR) for rental units in the Boston-Cambridge-Quincy area of $2,339 for 2022. In 2015, HUD set the rent it would pay for a 2-bedroom unit at $1,494. In 2022, it is $2,399. This means that rents jumped over $1,000/month in this 7-year period. This also explains why families at the lowest end of the economic spectrum remain trapped at the bottom of the housing ecosystem: their wages simply cannot keep up with rising rents.

Hildebrand recently purchased an 11-unit building in Dorchester that will double our permanent housing portfolio to 22 units, and keep affordable housing at the forefront of Hildebrand’s efforts to disrupt the systems that lead to poverty and homelessness. This includes even stronger advocacy and raising awareness of the factors that lead to homelessness.

We must remain committed to increasing the supply of affordable housing, expanding supports for families to search for and find permanent, affordable homes, and to do even more to keep families from falling into homelessness. Affordable housing is and should continue to be a primary focus, but so should access to affordable healthcare and mental health services; livable wages; and more easily accessible pathways out of poverty (e.g., through higher education and training programs) and domestic violence. These are key factors that put families on a path to homelessness rather than home ownership, and keep the gulf wide between opportunity and reality.

The light showers and cold temperature on Thursday, May 19, could not deter Hildebrand from celebrating its newest affordable housing acquisition, 12 Humphreys Street, Dorchester! This acquisition supports Hildebrand’s mission of providing shelter and permanent housing to families experiencing homelessness and ensures that the apartments in the building remain affordable for residents.

“I’m so excited that these 11 apartments will remain affordable for Boston’s children and families”, said Shiela Y. Moore, Hildebrand’s CEO. “This doubles Hildebrand’s permanent housing ownership and continues to strengthen our supportive network in Boston for families experiencing homelessness. Hildebrand’s vision is every family has a home, and adding 12 Humphreys Street to our real estate portfolio will help us continue to make that vision a reality. Housing insecurity continues to increase in Massachusetts. So Hildebrand’s capacity and impact will also continue to increase, to make sure that each and every family finds shelter, support and – when ready – a home of their own again.”

The celebration was terrific, despite the weather! Speeches from Sheila Dillon, Chief of the Mayor’s Office of Housing, and Sara Barcan from CEDAC inspired and reminded attendees of the importance and impact of Hildebrand’s vision that every family has a home. A very special thank you to everyone celebrated with Hildebrand, especially Hildebrand’s Board and staff whose dedication, support, and advocacy on behalf of the organization and the families served is truly inspiring. Seth Daniel from the Dorchester Reporter came to the celebration; please enjoy his article below!

Homeless families find refuge on Humphreys Street | Dorchester Reporter

At a virtual event on Wednesday, June 1, 2022, national nonprofit Cradles to Crayons® recognized Hildebrand Family Self-Help Center as the recipient of the 2022 Chairman’s Council Impact Award. Cradles to Crayons—the only national organization focused on mitigating Children’s Clothing Insecurity by providing clothing and other essentials at no charge on a large scale—honors one Service Partner each year for excellence in collaboration and programmatic impact. Cradles to Crayons selected Hildebrand in support of their goal to expand their Resource Center program for clients with more consistent and customized interactions with children and families in shelter, ensuring the children and families experiencing homelessness that work with Hildebrand are supported and prepared for all situations.

“We are proud to present this year’s Chairman’s Council Impact Award to Hildebrand Family Self-Help Center,” said Lynn Margherio, Founder and CEO of Cradles to Crayons. “In addition to their well-established housing and self-sufficiency programs, they have increased their focus on supporting families with everyday essentials like clothing and diapers. Community and collaboration are integral components of Hildebrand’s model and exemplify the core values of this award. Service Partners are an essential part of what we do at Cradles to Crayons, and we’re delighted to highlight and support their incredible work. Congratulations, Hildebrand Family Self-Help Center!” 

Lack of access to clothing and other basics can have significant negative short- and long-term impacts on children like delays in emotional and academic development, low self-esteem, health conditions, and more. “Hildebrand is so honored to receive the Chairman’s Council Impact Award from Cradles to Crayons. Our organizations share a commitment to children of families experiencing homelessness, who are living in shelter and are without the essentials that will help them feel comfortable, valued, and ready to move forward,” said Shiela Y. Moore, CEO of Hildebrand. “Whether it’s diapers for a 2-month-old, a new stylish winter coat for a 3rd grader, warm and cozy pajamas for all the children in a family settling into shelter, school supplies for an eager learner, or shorts and tops for a young athlete, Hildebrand and Cradles to Crayons understand the importance of these essential items that many take for granted. The partnership between Hildebrand and Cradles to Crayons helps children in Hildebrand’s shelters stabilize, stay healthy and warm, and find comfort and dignity at such a difficult time in their lives, as they experience homelessness with their parents.” 

Cradles to Crayons supported Hildebrand’s families with nearly 400 packages of additional essentials in the past year. The two organizations will continue to collaborate to ensure that children have the clothing, diapers, hygiene items, and the school suppliesthey need to thrive.