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Perceptions of Affordable Housing 2019
Navigate Affordable Housing Partners
The Affordable Housing Shortage The National Low Income Housing Coalition reports a shortage of more than seven million affordable and available rental homes. That translates to about 37 affordable and available units for every 100 extremely low income renter households. Moderate income workers feel the pain, too.
Middle Class Affordability (BISNOW)
Navigate Affordable Housing Partners
Perceptions of Affordable Housing 2019
“Compared to previous generations, it is now more difficult to..” Have a secure middle-class lifestyle
72% Save for retirement
“..market forces in most cities are making it nearly impos-
Find a stable and decent-paying job
Find healthcare insurance or coverage
77%
54%
Find stable housing that is affordable
Get an education beyond high school
sible to build new housing that the middle class can afford — and the gap between subsidized low-income housing and high-end apartments is wider than ever.”
Priced Out (USA TODAY)
5
67%
53%
“While the housing cost burden for low-income households is often offset through housing subsidies, there are few forces protecting middle-income households from the rising cost of real estate.”
The Forgotten Middle (Urbanland) “Luxury housing is being built at one end of the spectrum and subsidized housing is being built at the other end, and newly built middle-income housing is being missed.”
Eager for Affordability (NREI Online) “We are seeing more middle-class households that are eager for affordable housing,” says Swank of the Sterling Group. “By being creative, developers can find ways to build what the customers want.”
Source: Navigate Affordable Housing Partners
35%
