The GAP: A Shortage of Affordable Homes, released March 2 by the National Low Income Housing Coalition, reports there are only 35 affordable and available units for every 100 extremely low-income renter households nationwide, and 71% of ELI renters are severely cost-burdened, spending more than half their income on rent and utilities. ELI renters are those with incomes below 30% of area median or below the poverty level, whichever is higher. The report includes recommendations for better targeting of federal housing expenditures, including reform of the mortgage interest deduction and Low Income Housing Tax Credit.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing