The Gap: A Shortage of Affordable Homes

 
GENERAL

Research Abstract
The Gap: A Shortage of Affordable Homes

The report released by the National Low Income Housing Coalition in March 2017 by finds that no state has an adequate supply of affordable rental housing for the lowest income renters.

The U.S. has a shortage of 7.2 million rental homes affordable and available to extremely low income renters, whose income is at or below the poverty guideline or 30% of their area median income. Only 35 affordable and available rental homes exist for every 100 extremely low income renter households. Extremely low income households face a shortage in every state and major metropolitan area, including the District of Columbia. Among states, the supply of affordable and available rental homes ranges from only 15 for every 100 extremely low income renter households in Nevada to 59 for every 100 extremely low income renter households in Maine. For the 50 largest metropolitan areas in the U.S, the supply ranges from 10 affordable and available rental homes for every 100 extremely low income renter households in Las Vegas, NV to 47 in Providence, RI.

The report released by the National Low Income Housing Coalition in March 2017 by finds that no state has an adequate supply of affordable rental housing for the lowest income renters.

BIBLIOGRAPHY

Report
Aurand, Andrew, Ph.D., MSW; Emmanuel, Dan, MSW; Yentel, Diane, MSSW; and Errico, Ellen
20
March 2017
PUBLISHER DETAILS

National Low Income Housing Coalition
1000 Vermont Ave NW #500
Washington
DC, 20005
United States
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