NLIHC will release its new report The Gap: A Shortage of Affordable Homes tomorrow, March 13, and will invite advocates to join us for a tweetstorm on its findings from 2:00 pm-3:00 pm ET. America is experiencing an extreme shortage of affordable homes, especially for those with the lowest incomes. NLIHC’s The Gap report finds a shortage of over 7 million affordable and available rental homes for extremely low income (ELI) renter households, those with incomes at or below the poverty level or 30% of their area median income. There are just 35 affordable and available units for every 100 ELI renter households nationwide, and 71% of ELI renter households are severely housing cost-burdened, spending more than half of their incomes on housing.
Stay tuned tomorrow for more information on the report and the tweetstorm.