Report Shows Lack of Affordable Housing for the Lowest Income Households

House and CalculatorAn article from Maryland Matters reports about a study released by the National Low Income Housing Coalition (NLIHC) that found a nationwide shortage of affordable housing for extremely low-income households.

Maryland was no exception as the article notes that the state is short 118,810 units of accessible rental units for extremely low-income households:

Maryland is not unique: In its study, “The Gap,” NLIHC found there is no state in the U.S. with an adequate supply of affordable rental housing for extremely low income renters. Across the U.S., only 37 affordable and available rental homes exist for every 100 extremely low income households that earn less than 30 percent of the area median income. 

Extremely low income households make up 24 percent of renters in Maryland. According to the NLIHC, a four-person is classified as extremely low income in Maryland when its annual income is $29,640 or less. For every 100 extremely low income households in Maryland, only 33 rental dwellings are affordable and available.

To learn more read the full article in Maryland Matters.