flexiblefullpage - default
Currently Reading

Markets With The Greatest Need For Affordable Rental Housing

Advertisement
billboard - default

Markets With The Greatest Need For Affordable Rental Housing


August 14, 2017

More than half the renter populations in Miami, Riverside, Calif., Phoenix, and Los Angeles are considered low-income and have “worst case needs” for affordable housing, according to a new report from the U.S. Department of Housing and Urban Development (HUD).

According to CityLab, “worst case needs” accounts for renters who make less than half the area median income, do not receive housing assistance, and pay more than half of income on rent.

The number of households that fit this criteria rose 8 percent between 2013 and 2015.

The number of such households now stands at 8.3 million—on its way back up to 2011’s peak of 8.5 million after a short decline. A striking 98 percent of these cases were a result of rent burdening.

Read more

Advertisement
leaderboard2 - default

Related Stories

Off-Site Construction

New Study Examines Barriers and Solutions in Manufactured Housing

The study from Harvard's Joint Center looks at the challenges faced by developers using manufactured housing and how they're overcoming those barriers

Affordability

The Disappearing Act That Is Middle-Income Housing

An expert weighs in on the diminishing supply of middle-income housing, which is particularly acute in California, and what to do about it

Off-Site Construction

Utah Passes Bill to Regulate Modular Construction at the State Level

Goals for housing innovation and affordability meet in the Utah's passage of a new bill that establishes a statewide modular construction program

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.