A Report on Worst Case Housing Needs in 1999: New Opportunity Amid Continuing Challenges, Executive Summary, January 2001
- January 2001
- January 24, 2001
Despite the welcome evidence of the increased capacity of very-low-income renters to pay for housing, there continue to be nearly five million renter households with worst case housing needs - a critical problem that requires continued attention and funding. Moreover, the recent progress is highly vulnerable to an economic downturn which would slow or reverse the income growth among very-low-income households. Due to the fact that rents adjust slowly and that some increases reflect capital improvements, rents would not drop as quickly as incomes in the event of a slowdown.
Related reports can be found at Affordable Housing/Worst Case Needs Reports to Congress