VHFA News

By:
VHFA

The national average rent for a modestly priced one-bedroom apartment is more than the entire Supplemental Security Income (SSI) of a person with a disability, according to a study released today by the Consortium for Citizens with Disabilities Housing Task Force and the Technical Assistance Collaborative (TAC).

"Priced Out in 2010" reveals people with disabilities receiving SSI need to pay 112 percent of their monthly income to rent a modest one-bedroom unit at the published fair market rent (FMR) determined by the U.S. Department of Housing & Urban Development (HUD).

During 2010, the average national monthly income of a single-person SSI household was $703. The national average one-bedroom FMR was $787.

Vermonters fared better with an average statewide monthly income of a single-person SSI household of $726. Still, that figure means a single-person SSI household would need to spend 111% of its income for a one-bedroom unit.

Learn more at the TAC Web site.