How much do you need to earn to afford a modest rental home?
On average, you need $33.63/hr for a 2-bedroom home and $28.17/hr for a 1-bedroom home.
#OOR25 shows that housing is out of reach for workers across a range of occupations and wage levels. See the numbers: https://nlihc.org/oor
yes
NLIHC released today its annual report, "The Gap: A Shortage of Affordable Homes." The report finds that the lowest-income renters in the U.S. face a shortage of 7.1 million affordable and available rental homes.
Download "The Gap:" https://nlihc.org/gap
Key insights 🧵
White text on a blue background that reads “At a time when housing costs are far out of reach for renters and when homelessness is at an all-time high, our communities cannot afford for the Trump administration to decimate the federal agency tasked with helping low-income households remain stably housed.”
Read NLIHC Statement on Trump Administration's Directive to Terminate Half of All HUD Staff - bit.ly/42RCMDp
It speaks volumes that the current admin has been disappearing federal housing datasets for the past several weeks and now wants to dismantle HUD PD&R. These are the actions of people who want to consolidate power for their own sake and are deeply afraid of public accountability. Disgusting.
We released our Picture of Preservation 2024 report this morning. Beyond our snapshot of preservation challenges for the fed. stock, we've also taken a closer look at historical trends in LIHTC preservation and approps for project-based hsg subsidies. preservationdatabase.org/picture-of-p...
Wow. I'm genuinely excited to see so many actual housing research/policy folks on this website. I'm looking forward to following all of your work!
