An article in Housing Policy Debate, “Another Look at Location Affordability: Understanding the Detailed Effects of Income and Urban Form on Housing and Transportation Expenditures,” confirms that…, NLIHC has released a Spanish edition of Tenant Talk: Housing is Built with Ballots (La Vivienda Se Construye con Boletas), a publication dedicated to low-income residents and their allies. We must also protect the existing supply of affordable homes for the poorest renters through significant capital investments in public housing and adequate funding to preserve affordable housing subsidized by Project-Based Rental Assistance (PBRA) and the USDA’s Section 515 program. NLIHC also encourages reforms to the federal tax code like expansion and reform of the Low Income Housing Tax Credit and a renters’ tax credit targeted to renters with the lowest incomes.

The U.S. has a shortage of seven million rental homes affordable and available to extremely low-income renters, whose household incomes are at or below the poverty guideline or … A deeply income-targeted fully refundable renters’ tax credit for cost-burdened renters would help address the gap between housing costs and the incomes of the poorest renters. THE GAP A SHORTAGE OF AFFORDABLE HOMES, 2019 of four could afford, without housing assistance, in monthly rent was $660 in 2018; the average cost of a modest two-bedroom rental home at the fair market rent was $1,149 (NLIHC, 2018d). Of those in the labor force, 43% usually work forty or more hours per week. By comparison, 2.1 million very low-income renter households (with incomes between 31% and 50% of AMI) and 684,000 low-income renter households (with incomes between 51% and 80% of AMI) are severely cost-burdened. Among states, the supply of affordable and available rental homes ranges from only 18 for every 100 extremely low-income renter households in Nevada to 62 in West Virginia. Twenty percent of Black households, 17% of American Indian or Alaska Native households, 15% of Hispanic households, and 10% of Asian households are extremely low-income renters. Of the 43.7 million renter households in the U.S., nearly 11 million have extremely low incomes at or below the poverty level or 30% of the area median income (AMI), whichever is higher. Based on the American Community Survey Public Use Microdata Sample (ACS PUMS), The Gap presents data on the affordable housing supply and housing cost burdens at the national, state, and … About the Gap Report Each year, the National Low Income Housing Coalition (NLIHC) measures the availability of rental housing affordable to extremely low-income households and other income groups. Even with these sacrifices, severe housing cost burdens make it difficult for poor renters to keep up with their rent. Cost-burdens are a direct result of the shortage of affordable and available rental homes and low wages. Among the 50 largest metropolitan areas in the U.S, the supply ranges from 14 affordable and available rental homes for every 100 extremely low-income renter households in Las Vegas, NV, and Austin, TX, to 54 in Providence, RI. Only 36 affordable and available rental homes exist for every 100 extremely low-income renter households. Each year, the National Low Income Housing Coalition (NLIHC) measures the availability of rental housing affordable to extremely low income households and other income groups. The labor market continues to create low-wage work, and our political institutions do not sufficiently respond to the resulting financial needs of low-wage workers, leaving many to struggle to afford basic needs including housing. Extremely low-income renters face a shortage in every state and major metropolitan area, including the District of Columbia.

Extremely low-income renters face a shortage in every state and major metropolitan area, including the District of Columbia.

The way in which income and other resources are distributed in our society keeps a large number of people in poverty. Only 36 affordable and available rental homes exist for every 100 extremely low-income renter households. Expanding and reforming the Low Income Housing Tax Credit (LIHTC) to better target the needs of extremely low-income households would also facilitate more construction. NLIHC released The Gap: A Shortage of Affordable Homes 2019 on March 14. The 2013 American Housing Survey (AHS) indicates severely cost-burdened poor renters are more than twice as likely to fall behind on their rent, and be threatened with eviction, than poor renters with no cost burden. Founded in 1974 by Cushing N. Dolbeare, NLIHC educates, organizes and advocates to ensure decent, affordable housing for everyone.



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