Staggering Facts About Affordable Housing
The U.S. has a shortage of 7.3 million affordable rental homes for those with extremely low incomes.*
Roughly one in four renters in the U.S. spend more than half their income on rent.
Only 33 affordable and available rental homes exist for every 100 extremely low-income renter households.
Among extremely low-income renters householders, 30% are seniors and 18% have a disability.
Only 33 affordable and available rental homes exist for every 100 extremely low-income renter households.
Among extremely low-income renters householders, 30% are seniors and 18% have a disability.
More than 19,000 low-income people live in RHF communities.
Nursing home placement for low-income older adults costs taxpayers an average of 66% more than federally subsidized housing and service coordination.
Nursing home placement for low-income older adults costs taxpayers an average of 66% more than federally subsidized housing and service coordination.
*That is, incomes at or below either the federal poverty guideline or 30% of their area median income, whichever is greater.
Sources:
-The GAP 2022 from National Low Income Housing Coalition (NLIHC)
-The Action Campaign from http://RentalHousingAction.org
-“Service Coordinators Prevent Evictions in Affordable Senior Housing” from The American Association of Service Coordinators.
