The Housing Act of 1949 espoused the goal of “a decent home and a suitable living environment” for all Americans. Nearly 70 years later, we have made significant strides in improving the quality of American homes, but there continue to be large disparities across income and race, especially with respect to neighborhood environments. These disparities matter: growing research shows that neighborhoods shape children’s long-run life chances. This report focuses on neighborhood schools, highlighting disparities between families living in subsidized housing and those who do not.