On April 7, HUD's Office of Policy Development and Research, Habitat for Humanity International, and Enterprise Community Partners are hosting an evidence-based discussion on the challenges and opportunities for expanding housing affordability. The discussion will focus on existing barriers, as well as policies and actions that can help increase the supply of affordable housing and reduce the housing affordability gap globally.
Housing affordability is a growing concern throughout the United States and around the world. A recent study by the McKinsey Global Institute estimates that 330 million global urban households live in substandard housing or are financially stretched by housing costs, and that within a decade at least 1.6 billion people worldwide will struggle to obtain decent, affordable housing. In the U.S. in 2012, there were only 3.3 million rental units affordable and available to the 11.5 million extremely low income households.
Register to participate in person or through live webcast at http://www.huduser.org/housingAffordability