Apr 16, 2013 1:53 PM by NBC News
Implementing smoke-free policies in all U.S. subsidized housing could save more than $500 million a year.
That's according to a new study from the CDC that analyzed potential cost savings for public housing and other rental assistance programs.
The bulk of the financial benefit would come from lower health care costs linked to secondhand smoke.
Smoke-free housing would also decrease renovation and smoke-related fire loss expenses.
Researchers say, in addition to cost savings, eliminating smoking would bring important health benefits to the more than 7 million Americans living in subsidized housing.
Right now, only a small percentage of public housing has a smoke-free policy.
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