Diane Yentel, President and CEO of The National Low Income Housing Coalition (NLIHC), recently released “Opportunities to End Homelessness and Housing Poverty in a Trump Administration,” a memo to the Trump Administration outlining solutions to the nation’s homelessness and housing poverty issues.
In the memo, NLIHC details the despondent nature of the current low income housing situation. Currently, there are 10.4 million extremely low income households in America with only 3.2 million units of rental housing available and affordable to these people. Because of their inability to obtain affordable housing, 75% of these low income households are severely cost-burdened and often spend more than half their income on rent and utilities. The low income households that cannot do this end up homeless.
NLIHC urges the Trump administration to increase funding for affordable rental housing programs through many different ways, including an infrastructure spending package, comprehensive tax reform, housing finance reform and more. They believe that this new administration has the opportunity to improve low income housing and economic mobility for those in low-income situations.
Read more about the NLIHC’s request here.