NLIHC Tag Archives

NLIHC: The Need for Emergency Rental Assistance During the COVID-19 and Economic Crisis

| General News

The National Low Income Housing Coalition (NLIHC) released research notes, “The Need for Emergency Rental Assistance During the COVID-19 and Economic Crisis,” that concludes that Congress must invest up to $100 billion to keep the lowest-income households stably housed over the next year during and in the immediate wake of the COVID-19 pandemic. The report calls for the expansion of the National Housing Trust Fund, increased public housing funding, a permanent emergency housing-assistance fund for families facing temporary financial hardships and fully funding the Housing Choice Voucher Program to cover all eligible renters.

NLIHC and PAHRC Release Updated National Housing Preservation Database

| Affordable Housing, General News

The National Low Income Housing Coalition and Public and Affordable Housing Research Corporation released an updated version of the National Housing Preservation Database for 2019. The database includes updated data on Section 515, Section 8, HOME, REAC and Section 202 direct loan usage across the country. In addition, LIHTC properties now have end dates to track when affordability restrictions end.

ACTION Campaign Releases Updated National & State LIHTC Factsheets

| General News, Member News

The ACTION Campaign released updated national and state factsheets that show the impact of the LIHTC in all 50 states and the District of Columbia. In addition to the regular information on homes developed or preserved, jobs supported and the need for affordable housing, this year’s factsheets also include estimates on how many homes could be built with a 50 percent LIHTC increase.

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Report Shows No State, Metropolitan Area Has Enough Affordable Housing

| General News

The National Low Income Housing Coalition released its annual report, The Gap: A Shortage of Affordable Homes. Their analysis found that nationwide, there are only 37 affordable and available rental homes exist for every 100 extremely low-income renter households. Among states, the supply of affordable and available rental homes ranges from only 19 for every 100 extremely low-income renter households in Nevada to 66 in Wyoming. Among the 50 largest metropolitan areas in the U.S, the supply ranges from 13 affordable and available rental homes for every 100 extremely low-income renter households in Orlando, FL to 51 in Pittsburgh, PA.