NLIHC to Release The Gap: A Shortage of Affordable Homes 2021 on March 18

NLIHC will release on March 18 its annual study of the supply of rental homes affordable and available to households at different income levels in the U.S., The Gap: A Shortage of Affordable Homes 2021. The report provides estimates of affordable housing needs for each state, the District of Columbia, and the largest metropolitan areas in the U.S., as well as the racial disparities in affordable housing. The Gap report has consistently shown the stark shortage of homes affordable and available to America’s extremely low-income households. The report also documents the number of households at different income levels experiencing housing cost burdens, spending more than 30% of their incomes on their housing, and those suffering severe housing cost burdens, spending more than half of their incomes on their housing. Severely housing cost-burdened extremely low-income households are at extreme risk of housing instability, eviction, and homelessness. The 2021 edition of The Gap will be available on March 18 at: www.nlihc.org/gap