HUD Says Housing Needs Drop Eight Percent

The number of very-low-income U.S. renter households that pay more than 50 percent of theirmonthly gross income for rent or live in severely inadequate housing dropped about eight percent between 1997 and1999, according to a HUD report.

1 minute read

January 22, 2001, 11:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

HUD Secretary Andrew Cuomo said that the drop by some 440,000 households is a "welcome reversal of a ten-yeartrend in which the number of worst case needs grew. The decrease is strong evidence of the effectiveness of thisAdministration's economic and housing policies in helping the very lowest income households." Though the picture has improved, Cuomo noted that nearly five million renter households still fall into the worse casehousing category that most needs rental assistance. Renter households with worst case needs are defined as thosethat have very low incomes (below 50 percent of their area's median income), do not already receive rentalassistance from federal or state programs, and either pay more than half their income for housing or live in severelysubstandard housing.

Thanks to Abhijeet Chavan

FULL STORY: HUD No. 018

Friday, January 19, 2001 in HUD News

Housing United States

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