New Jersey Lacks Adequate Affordable Housing

74% of Extremely Low Income Households
Face Severe Housing Cost Burden

Housing Spotlight: The Shrinking Supply of Affordable HousingThe National Low Income Housing Coalition (NLIHC)’s new issues of Housing Spotlight: The Shrinking Supply of Affordable Housing finds that in the United States in 2010, there were 9.8 million extremely low income renter households and only 3 million rental homes affordable and available to these households. This shortage of 6.8 million rental units means that, nationally, only 30 affordable and available rental homes for every 100 extremely low income renters.

In New Jersey, there were 27 to 36 affordable and available rental homes for every 100 extremely low renters.

Additionally,

  • There were 48 affordable rental units per 100 households at or below the extremely low income threshold, 58 units at or below the very low threshold, and 121 units at or below the low income threshold;
  • There were 30 affordable and available rental units per 100 households at or below the extremely low income threshold,41 units at or below the very low threshold, and 88 units at or below the low income threshold; and
  • 74% of the households within the extremely low income category with severe housing cost burden, 45% of those with very low income faced a severe housing cost burden, and 12% of those with low income faced a severe housing cost burden.

To meet the critical needs of its poorest households, New Jersey, like every other state in the country, must increase its supply of rental housing that these households can afford. The National Housing Trust Fund, if funded, could be part of the solution in helping New Jersey close the gap and ensuring that every household in the state has access to affordable housing.

This National Low Income Housing Coalition research brief uses new data from the 2010 American Community Survey (ACS) Public Use Microdata Sample (PUMS) to compare the number of low income, very low income, and extremely low income renter households in each state with the number of rental homes that renters below each income threshold can afford. The analysis also takes into account availability; that is, whether a rental unit is occupied by a higher income household.

Housing Spotlight is a series of research briefs from the NLIHC that uses data from different sources to highlight a variety of housing issues.

Click here to read Housing Spotlight: The Shrinking Supply of Affordable Housing.

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  1. Hello , I am a disabled mother . I have been homeless more than I like to speak about . You see I fall under the extremely low income bracket . I am on every waiting list available . I am at a loss . Do you have any ideas ?