A recent report from the National Low Income Housing Coalition shows the severe shortage of rental homes for extremely low-income households, defined as households with an income at or below 30% of area median income.
Washington Post writer Michele Lerner reports on the findings, which found that there’s a shortage of 7.2 million rental homes that are both affordable and available to extremely low-income households.
Only 35 affordable and available rental homes exist for every 100 extremely low-income renter households across the country. That shortage includes every state and major metro area. The supply of affordable rentals varies from a low of 15 for every 100 extremely low-income households in Nevada to a high of 59 for every 100 of these households in Maine. Among metro areas, Las Vegas has the lowest supply of 10 rental homes per 100 extremely low-income households, while Providence, R.I., has the highest with 47.
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