Zillow’s research demonstrates that the homeless population climbs faster when rent affordability – the share of income people spent on rent – increases.
On December 17, 2018, the U.S. Dept. of Housing and Urban Development (HUD) released its 2018 Annual Homeless Assessment Report to Congress.
For FY19, HUD needs approximately $1.3 billion more funding to maintain current program levels and renew existing housing assistance contracts.
A year-long CR at FY18 levels would result in deep cuts to critical housing programs and cause thousands of families to lose access to stable housing.
Post-9/11 veterans are 5% more likely than non-veterans of their own age, race, and gender struggle with housing affordability according to Apartment List.