Supply of Affordable Housing Shrinks via Affordable Housing Finance

The affordable housing gap is growing for the nation’s poorest residents.

In 2010, there were 9.8 million extremely low-income renter households but only 3 million rental homes that were affordable and available to them, according to a new analysis by the National Low Income Housing Coalition (NLIHC).

The result is a staggering deficit of 6.8 million affordable and available units for these households, an increase from 6.4 million in 2009.

The figures paint one of the clearest pictures of the affordable housing shortage in the country.

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