NLIHC released a Spanish edition of its report The Gap: A Shortage of Affordable Homes 2019 (La Brecha: La Escasez de Viviendas Asequibles 2019) on June 21. The report shows the shortage or surplus of rental homes affordable and available to different income groups in every state and the largest fifty metro areas in the country.
The report finds a national shortage of 7 million affordable and available rental homes for households with extremely low incomes at or below the poverty guideline or 30% of the area median income (AMI), whichever is higher. Only 37 affordable and available homes exist for every 100 extremely low-income renter households. As a result, 7.8 million of the 11 million extremely low-income renter households in the U.S. (71%) are severely housing cost burdened, spending more than half of their incomes on housing. Extremely low-income renters are more likely to be severely housing cost-burdened than any other income group, accounting for 73% of all severely housing cost-burdened renters in the U.S. The report calls for a significant and sustained federal commitment to affordable housing programs targeted at the lowest-income renters.
La Brecha: La Escasez de Viviendas Asequibles 2019 is available at: https://bit.ly/2XraOwU