VHFA News

By:
VHFA

The lowest-income families in the nation had an even more difficult time in 2008 finding affordable housing.

That's the conclusion of the National Low Income Housing Coalition's (NLIHC) analysis of 2008 American Community Survey data.

For every 100 extremely low-income households — those earning 30% or less of their area median income — there were 37 affordable rental units in 2008. That number is down from 39 the previous year.

Put another way, the shortage of afffordable units for these households grew from 2.7 million in 2007 to 3.1 million in '08.

Read more about the numbers and NLIHC's analysis in the coalition's press release.