Urban Fold

Is the Nation's Affordable Housing Supply Overwhelmed?

Colleen O'Connor, a writer for The Denver Post, uses the case of Colorado to demonstrate what she sees as an inadequate supply of affordable housing across the country.

From DenverPost.com:

In Jefferson County, CO "about 18,000 people live on incomes of $20,000 or less. According to federal guidelines, affordable rental housing at that income level is about $480 in monthly rent, and there are no rental units in this county for that amount."

"Nationally, competition for affordable housing is fierce. From 2007 to 2009, affordable and available rental units for very low-income renters decreased by 300,000, but renters increased by nearly 2 million."

Full Story: Affordable Housing Overwhelmed

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