There is a severe shortage of housing for extremely low-income renters
(under 30 percent of AMI*)
- In 2001, there were only 78 units affordable for every 100 extremely low-income renters.
- However, many of the 6.7 million units “affordable” to households at 30 percent of AMI were occupied by higher income renters.
- Because of this, there were only 42 units both affordable and available for every 100 extremely low- income renters. This represents a deficit of 4.9 million units nationwide.
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