Tuesday, March 17, 2015

And the news about Affordable Housing is...

From the March 2015 Housing Spotlight from the National Low Income Housing Coalition:

•             The number of extremely low income (ELI) renter households rose from 9.6 million in 2009 to 10.3 million in 2013 and they made up 24% of all renter households in 2013.

•             There was a shortage of 7.1 million affordable rental units available to ELI renter households in 2013. Another way to express this gap is that there were just 31 affordable and available units per 100 ELI renter households. The data show no change from the analysis a year ago.

•             For the 4.1 million renter deeply low income (DLI) renter households in 2013, there was a shortage of 3.4 million affordable rental units available to them. There were just 17 affordable and available units per 100 DLI renter households.

•             Seventy-five percent of ELI renter households spent more than half of their income on rent and utilities; 90% of DLI renter households spent more than half of their income for rent and utilities.

•             In every state, at least 60% of ELI renters paid more than half of their income on rent and utilities.

•             No state had more than 56 units of rental housing affordable and available for every 100 ELI households, and no state had more than 37 units of rental housing affordable and available for every 100 DLI households.

•             Among the 50 metropolitan areas with the largest renter household populations, the number of affordable and available rental units for every 100 ELI households ranged from 10 in Las Vegas-Henderson-Paradise, NVto 47 in Boston-Cambridge-Newton, MA.

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