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Thaddaeus Elliott

@itsthaddaeus.bsky.social

Just gonna keep on tryin' 'til I reach my highest ground--
Affordable housing advocate 9-5 @ National Low Income Housing, certified progressive queer Church Boy 24/7 (UCC)
Washington, DC

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Reposted by Thaddaeus Elliott

NLIHC

@nlihc.org

NLIHC released today its annual report, "The Gap: A Shortage of Affordable Homes." The report finds that the lowest-income renters in the U.S. face a shortage of 7.1 million affordable and available rental homes.

Download "The Gap:" https://nlihc.org/gap

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March 13, 2025 at 1:05 PM

Reposted by Thaddaeus Elliott

Dan Immergluck

@danimmergluck.bsky.social

"lower-income renter households continue to bear the brunt of the affordability crisis...In 2023, lower-income renters (<$30k) dedicated a staggering 80% of their household incomes to rent and utilities, compared to 60% in 2001 and 68% in 2019."
From @airbrycki.bsky.social @harvard-jchs.bsky.social.

While cost burdens have climbed the income scale, lower-income renter households continue to bear the brunt of the affordability crisis. Among households earning less than $30,000, median rents rose 18 percent from 2001 to 2023 as their incomes fell by 12 percent, all in inflation-adjusted terms. These trends have pushed up the share of income these renters spend on housing. In 2023, lower-income renters dedicated a staggering 80 percent of their household incomes to rent and utilities, compared to 60 percent in 2001 and 68 percent in 2019. With this increase, their residual incomes—the amount a household has left over each month after paying rent and utilities—plummeted to a record low of $250, a 55 percent decrease since 2001 (Figure 3). Residual incomes for this group dropped 44 percent between 2019 and 2023 alone.

December 16, 2024 at 5:33 PM

Reposted by Thaddaeus Elliott

Diane Yentel

@dianeyentel.bsky.social

The last Trump admin tried cutting housing benefits thru work requirements (we defeated those efforts) but as my colleague Sarah Saadian notes here, “most residents who can work already do, they're just not getting paid wages that are high enough to afford housing.” www.npr.org/2024/11/22/n...