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HUD Reports Record Increase in Housing Unaffordability for Low Income Renters

By Amy Clark, NLIHC. From the National Low Income Housing Coalition’s Press Release, February 25, 2013. “Low income renters in the United States are experiencing record rates of unaffordable housing costs, according to a new report from HUD. The report, Worst Case Housing Needs 2011, shows 8.48 million renter households experiencing ‘worst case housing needs,’ a 19% increase since 2009 and a 43.5% increase since 2007. Worst case housing needs are experienced by very low income renters who pay more than half of their income for housing or living in severely inadequate housing conditions or both…” View PDF of Full Press Release

#Homelessness #AffordableHousing #HUDNews #RentalHousing #HousingCreationandPreservation #AdvocacyandPolicy #Housing #NationalResearch #HousingHealthandSafety #HousingMarket #HousingAgencyandNonprofitNews

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