A new fact sheet from the Urban Institute, Federal Housing Subsidies: To Rent or To Own?, compares federal subsidies for rental housing and home ownership. Of the $199.5 billion the federal government spent approximately on housing programs and tax expenditures in 2006, 75% went for homeowners. Housing plays a vital role in the lives and finances of families. Many studies have noted the variety of benefits that home ownership creates. The main benefit to home ownership is financial stability. The federal government spends nearly 4 times as much on home ownership than on rental assistance, $157.5 billion on home ownership compared to $42 billion on rental programs.