Supplemental Security Income (SSI) Receipt and Access to Homeownership for People with Disabilities

Megan Henly ()
Additional contact information
Megan Henly: Institute on Disability, University of New Hampshire, Durham, NH 03824, USA

Disabilities, 2024, vol. 4, issue 4, 1-12

Abstract: People with disabilities disproportionately face barriers to homeownership, many of which are associated with costs. One related, but unexplored barrier to homeownership in the United States (U.S.) is the role of Supplemental Security Income (SSI) policy. SSI is a means-tested federal program in the U.S. that provides monthly income to those who are blind or disabled. Recipients may not own assets totaling more than USD 2000 (or 3000 per married couple). While homes are excluded from this assessment, the strict cap on savings generally means that SSI recipients who do not already own a home when they begin to receive benefits cannot accrue sufficient savings to qualify for a mortgage. Using data from the 2019 American Community Survey, this analysis explores the relative importance of SSI receipt in predicting rate of homeownership by using logistic regression to examine the effect of having a disability and receiving SSI on the odds of homeownership. Marginal effects identify the average predicted probabilities of homeownership to demonstrate the extent to which SSI receipt is related to each category of disability and race differently, suggesting that this policy may be related to a lower rate of homeownership for people with disabilities.

Keywords: homeownership; disability; United States; Social Security policy; racial disparities (search for similar items in EconPapers)
JEL-codes: I (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2673-7272/4/4/68/pdf (application/pdf)
https://www.mdpi.com/2673-7272/4/4/68/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jdisab:v:4:y:2024:i:4:p:68-1104:d:1540408

Access Statistics for this article

Disabilities is currently edited by Ms. Cici Zhou

More articles in Disabilities from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().