Source: Urban Institute, 2014
Decent and affordable housing has far-reaching consequences for people’s health, quality of life, and access to opportunities, but these consequences are not always well understood. To inform public debate about assisted housing policy and strengthen policy outcomes, Housing Assistance Matters highlights research and analysis about the need for and benefits of well-managed public and assisted housing. Using a multimedia approach, this initiative draws upon research by Urban Institute scholars and others to explore key connections between all forms of rental assistance and outcomes for individuals, families, and communities. … Many Americans struggle to afford a decent, safe place to live in today’s market. Over the past five years, rents have risen while the number of renters who need moderately priced housing has increased. These two pressures make finding affordable housing even tougher for very poor households in America. For every 100 extremely low-income (ELI) renter households in the country, there are only 29 affordable and available rental units. As defined by the Department of Housing and Urban Development (HUD), extremely low-income households earn 30 percent or less of area median income. ….
….This situation would be much worse without HUD rental assistance, which helps almost 3.2 million ELI households afford homes. HUD assistance comes in three forms: public housing, Housing Choice Vouchers, and privately owned but federally assisted housing. Without HUD rental assistance, the number of affordable and available rental units for ELI households would significantly decrease.
The Urban Institute will update this map periodically. And, as data become available, we will track the affordability gap for ELI households, as well as very low income and low-income households…..