Video source: The Urban Institute. Visit their website at urban.org
Housing Facts & Stats.
U.S. households eligible for housing assistance grew from 15.9 million to 19.3 million from 2007 to 2011. During the same time frame, households receiving assistance only increased from 4.4 million to 4.6 million.
The waiting list of Section 8 in Baltimore is about 7 years.
Almost 50% of U.S. households receiving housing assistance have income less than $10,000 per year.
Almost half of very low income households that do not receive housing assistance have a housing cost burden of almost 60% of their annual incomes.
Less than 25% of very-low income renters receive housing assistance.
Twenty-four percent of Families in Baltimore live in poverty.
Almost 40,000 people a year in the state of Maryland are refused shelter due to lack of funding.
Workers earning the minimum wage need to work 110 hours per week to afford 2 bedroom apartment at the Fair Market Rent in Maryland (based on HUD’s affordability guidelines).
77% of people in Baltimore City cannot afford the fair market rent.
About 125,000 households in the US lost their housing vouchers in 2013.