The Trump Administration has said that it wants to help communities address the nation’s serious housing affordability challenges, but the President’s 2021 budget would do the opposite, slashing housing assistance and community development aid next year by $8.6 billion, or 15.2 percent (not counting the impact of inflation).
The President last fall...
February 10, 2020: We have updated the number of renter households paying more than 30 percent of their income for housing.
Despite a strong economy, the number of renter households paying too much for housing — more than 30 percent of their income, the federal government’s threshold for unaffordability — rose to nearly 21 million in 2018,...
A new bill introduced by Senators Todd Young and Chris Van Hollen would give hundreds of thousands of children a better chance of long-term success by helping their families afford rental housing, including housing in areas with quality schools and other opportunities that promote healthy child development.
The bill, the...
A job loss, illness, or car breakdown shouldn’t threaten a family’s housing, but that’s the reality for many Americans with low incomes who experience eviction or other types of housing instability because they don’t have the resources to weather even a short-term income loss or large unexpected bill. Senators Michael Bennet and Rob Portman have introduced bipartisan legislation, the...
Growth in median rents has outpaced growth in median renter income since 2001 in nearly every state, as we explain in our updated state rental assistance fact sheets. About 23 million low-income renters pay more than half of their income for housing, partly due to this gap between rental costs and income....
Federal rental assistance programs such as Housing Choice Vouchers and public housing provide major benefits to low-income...
As Veterans Day approaches, hundreds of thousands of veterans struggle to keep a roof over their heads. Some 38,000 veterans were homeless on a single night in January 2018, the Department of Housing and Urban Development (HUD) estimates. Moreover, 666,000 veterans lived in low-income households that paid...
The Senate Appropriations Committee-approved bill to fund the departments of Transportation as well as Housing and Urban Development (HUD) provides enough resources to continue assisting the 5 million low-income seniors, families with children, and others who rely on federal...
The gap between median renter income and median rent widened in 2018, new Census data show, with median rent rising 2.1 percent in inflation-adjusted terms but median renter household income rising just 1.6 percent, to $40,500. Today’s data underscore the continued need for additional federal rental assistance.
The findings...
Many young people leaving foster care after they reach adulthood become homeless soon after losing the child welfare system’s support and, among those who do, more than half experience multiple episodes of...
