Over two years, the number of extremely low income (ELI) renters grew from 9.3 million to 10 million households while affordable units decreased from 7.1 million to 6.5 million, according to NLIHC’s preliminary analysis of 2007 and 2009 American Housing Survey data. As a result, the absolute shortage of units affordable to ELI households – those earning 30% or less of area median income – grew from 2.1 million to 3.4 million. When considering vacant and ELI renter-occupied units, only 39 units were affordable and available for every 100 ELI renter households in 2009. This compares with 44 units for every 100 ELI renter households in 2007.
Containing 60,000 observations annually, the Census Bureau’s American Housing Survey provides both national and Census region-specific housing data. Individual metro area surveys are included, as well.
To view NLIHC’s analysis, go to: http://www.nlihc.org/doc/Preliminary-Analysis.pdf