Addressing the Basic Needs of Low-Income FamiliesBuy Full Issue$34.95
(Excerpted from Congressional Digest, December 2007)
An estimated 12 million renter and homeowner
households now pay more than 50 percent of their
annual incomes on housing, and since 2000, the number
of middle-income households that spend more than half
their pre-tax wages on rent has doubled.
Meanwhile, there is an acute lack of affordable housing,
especially rental, in the United States.
Another reason for the affordable housing shortage is
that over the last decade or so, Federal policies have emphasized
homeownership over other options — even though
about a third of all households still rent.
In This Issue
- Read More
Causes and ConsequencesRead More
Major Provisions of the Natoinal Affordable Housing Trust Fund ActRead More
Recent Action on Affordable HousingRead More
Affordable Housing TermsRead More
Evolution of Laws and PoliciesRead More
The Current Legislative EnvironmentRead More
HUD-Administered Housing AssistanceRead More
Pro & Con
Should the House Approve H.R. 2895, the National Affordable Housing Trust Fund Act?