“Worst case housing needs” are up
Posted on August 9, 2017
The Department of Housing and Urban Development (HUD) says the “worst case housing needs” increased from 2013 to 2015. What this means is that there were more “very poor unsubsidized families struggling to pay their monthly rent and who may also be living in substandard housing.”
“Two years ago, our nation was still feeling the aftershocks of our housing recession with rents growing faster than many families’ incomes,” said HUD Secretary Ben Carson. “After years of trying to keep up with rising rents, it’s time we take a more holistic look at how government at every level, working with the private market and others, can ease the pressure being felt by too many un-assisted renters. Today’s affordable rental housing crisis requires that we take a more business-like approach on how the public sector can reduce the regulatory barriers so the private markets can produce more housing for more families.”
According to HUD,”Worst Case Housing Needs” are “renters with very low incomes (below half the median in their area) who do not receive government housing assistance and who either paid more than half their monthly incomes for rent, lived in severely substandard conditions, or both.” HUD’s report says 8.3 million very low-income unassisted families paid more than half their monthly income for rent in 2015.