New report shows critical levels of extremely low income housing

The NLIHC has released a report putting numbers to a national housing problem — the shortage of rental units for families at or below 30% of the area median income. The report notes in Iowa there are about 30 affordable units for every 100 families, this causes one of two problems. Either the family becomes severely rent burdened paying 50% or more of their monthly income on rent.  Or, the family becomes homeless, moving from relative to relative as they search for a place to call home. This instability can lead to severe financial burdens and a disruption of children's education. Currently only one in four households that are eligible for rental assistance receive help. 

At HOME, Inc. we see this problem every day as people call seeking to stay in their homes or find a more affordable place.  Unfortunately, resources for the housing development or rent assistance are at an all-time low. Recent information coming out of Washington, DC indicates that more severe cuts to HUD programs are proposed for 2017 and 2018.        

For more information check out the report  at  http://nlihc.org/research/gap-report?platform=hootsuite. If you read our blogs, I know you believe that affordable housing is important in helping families stabilize and improve their lives.  We will continue to keep you informed of affordable housing issues and how you can help.   




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