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Homelessness News

Where in America can a low-wage worker afford a two-bedroom apartment? Nowhere.

“Each year, Out of Reach demonstrates that large numbers of low income renters cannot afford the cost of living in the cities and towns where they work. This edition underscores the challenges facing the lowest income renters: increasing rents, stagnating wages, and a shortage of affordable housing. The urgent solution to these issues is clear: expanding the supply of affordable housing units, dedicated to the lowest income renters.” - Out of Reach 2013, National Low Income Housing Corporation

Shortage of Affordable Housing

In August 2008, Affordable Housing Finance magazine wrote a feature story on the nation’s shrinking affordable housing supply. According to the article, there are only 38 affordable and available units for every 100 extremely low-income households, accounting for a nationwide deficit of 6 million units.

Even for those earning up to 50 percent of their area’s median income, the deficit is still a 5 million available, affordable units. Additionally, the number of households with “worst case” housing needs increased nearly 20 percent from 2001 to 2005. While demand grows, the supply is shrinking. According to the director of the Joint Center for [...]

Study: 21% of New Yorkers are Living in Poverty

Children particularly affected by recession, Center for Economic Opportunity data find.

“Study: 21% of New Yorkers are Living in Poverty”

http://www.msnbc.msn.com/id/47069990/ns/us_news-the_new_york_times/t/study-percent-new-yorkers-are-living-poverty/

an article from the New York Times By Sam Roberts

The number of New Yorkers classified as poor in 2010 increased by nearly 100,000 from the year before, raising the poverty rate by 1.3 percentage points to 21 percent — the highest level and the largest year-to-year increase since the city adopted a more detailed definition of poverty in 2005.

The recession and the sluggish recovery have taken a particularly harsh toll on children, with more than one in four under 18 living [...]