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Shortage of housing grows for extremely low-income renters

Posted by: Leslie Black-Plumeau on March 4, 2014 - 9:37am

ELI_renter_gapsMany renters within and beyond Vermont's borders struggle to afford a decent, safe place to live. Increasing rents coupled with stagnant or declining incomes have widened the gap between the number of affordable rental units available to lower income households.

For every 100 extremely low-income renter households in the country, there are only 29 affordable and available rental units, according to recent research from the Urban Institute. This is down from 37 in 2000.

Extremely low income renters living in most Vermont counties today face nearly as tight a market when looking for rental homes they can afford, according to a mapping tool designed by the Urban Institute that is based primarily on 2012 estimates from the U.S. Census Bureau.

See how your county fares with the Urban Institute's on line mapping tool.

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