325,000 Low-Income Households Need Rental Assistance as They Pay More than Half Their Income for Rent
These new fact sheets have useful data around the unmet need for federal assistance and talking points to use when talking to your elected officials in Washington.
Over 157,000 low-income households in New Jersey use federal rental assistance to rent modest housing at an affordable cost; at least 72 percent have extremely low incomes.
Eighty-eight percent of households using federal rental assistance in New Jersey include children or people who are elderly or disabled.
Rental Assistance helps New Jersey’s economy:
- Rental assistance supports low- wage working families: in 2016, 78 percent of non-elderly, non- disabled households receiving HUD rental assistance in New Jersey were working, worked recently, or likely were subject to work requirements.
- Rental Assistance programs brought $1,619,000,000 in federal funding into New Jersey in 2016.
The growing need for rental assistance in New Jersey is going largely unmet. In 2016, 325,000 low-income households pay more than half of their income for rent.
This is 21% more households than in 2007. In these households, 40% have children, 35% are elderly or disabled, 585 are working and 55% live in poverty.
Federal rental assistance programs have not kept pace with the growing need for affordable housing. For every assisted household in New Jersey, twice as many low-income households, a total of 319,000 households, are homeless or pay more than half of their income for rent and do not receive any federal assistance due to limited funding.
This is a another example of how It’s More Expensive to Be Poor in America.
Households that pay more than half of their income towards rent are at a greater risk of becoming homeless.
NJCounts 2016 found 8,895 homeless people in New Jersey through its point-in-time count. Additionally, during the 2014-2015 school year, 10,150 school-age children lived in unstable housing, for example lived doubled up with other families, and at risk for homelessness.
This data and the New Jersey fact sheet will provide data and talking points for talking to your Members of Congress about the critical importance of federal funding for rental assistance. You can use these data in phone calls, emails, face to face meetings or at local town halls in your district.
CBPP also has a national and state fact sheet with data available around federal assistance in urban and rural areas, Housing Choice Vouchers in New Jersey, Housing Choice voucher utilization data tables for New Jersey, and sequestration cuts in Housing Choice Vouchers in New Jersey.