NLIHC will release this year’s The Gap: A Shortage of Affordable Homes on April 21. Published annually, the report examines the supply of rental homes affordable and available to households at different income levels in the U.S. and provides estimates of affordable housing needs for each state, the District of Columbia, and the largest metropolitan areas. The report also gives an account of racial disparities in affordable housing. Every year, The Gap report reveals the stark shortage of homes affordable and available to America’s extremely low-income households. The report also documents the number of households at different income levels experiencing housing cost burdens (that is, spending more than 30% of their incomes on housing) and those suffering severe housing cost burdens (spending more than half of their incomes on housing). Severely housing cost-burdened extremely low-income households are at significant risk of housing instability, eviction, and homelessness. This year’s report incorporates new data sources to examine the impacts of the COVID-19 pandemic on housing stability for renters.
The 2022 edition of The Gap will be available on April 21 at: www.nlihc.org/gap.