As the nation faces potential cuts to federal housing programs, there is a shortage of 7.1 million affordable and available rental homes, reveals the National Low Income Housing Coalition (NLIHC).
In its annual “The Gap: A Shortage of Affordable Homes” report, NLIHC finds there are only 35 affordable and available homes for every 100 extremely low-income renter households.
“This year’s report demonstrates that renters with the lowest incomes continue to face a dire shortage of affordable housing options nationwide. Our neighbors who are seniors, people with disabilities, and those with low wages are most severely impacted,” said Renee Willis, NLIHC interim president and CEO. “Proposals to cut funding for the housing programs that serve our neighbors most in need or dismantle the institutions that serve them are nothing short of attacks on our communities. Our country needs bipartisan leadership to address the housing crisis—a crisis spanning both Republican and Democratic administrations—not ideologically driven assaults on seniors, people with disabilities, and low-wage workers struggling with housing instability.”
Read More
