The National Low Income Housing Coalition will release Out of Reach 2014 on Monday, March 24, 2014 at 2 pm ET. Out of Reach is NLIHC’s annual report that features the Housing Wage: the wage one must earn in order to afford a modest rental home in communities across the country.
This year marks the 25th anniversary of this widely cited report, and Out of Reach remains more relevant than ever. As the minimum wage debate heats up and the public demand for affordable housing solutions grows stronger, Out of Reach contributes one-of-a-kind data to the policy-shaping debates happening in communities across the country and at the national level.
In addition to calculating and comparing the Housing Wage for every state, metropolitan area, and county in the country, the 2014 edition of Out of Reach will address how many hours a week a minimum wage worker actually need to work to afford a two-bedroom apartment at Fair Market Rent, and in what states would raising the minimum wage to $10.10 an hour allow minimum wage workers to afford rent. Out of Reach 2014 will also analyze how housing costs in counties and states across America compare, and will present what the findings reveal on the state of affordable housing in America and the housing insecurity of millions of low income Americans.
Members of the media are invited to participate in a press call on Monday, March 24, 2014 at 2 pm ET to discuss the report and its findings. Speaking on the call will be: Barry Zigas, Director of Housing Policy, Consumer Federation of America; Former CEO of National Low Income Housing Coalition; Dr. Sheila Crowley, President and CEO, National Low Income Housing Coalition; and Althea Arnold, Research Analyst, National Low Income Housing Coalition. After short remarks and an explanation of the data, the panel will take questions.
Press can RSVP for the call at: https://nlihc.wufoo.com/forms/2014-out-of-reach-press-call
Out of Reach 2014 will be available to the public on Monday, March 24, 2014 at 2 pm ET at: www.nlihc.org/oor/2014