The cost of affordable housing: Does it pencil out?
Image provided by the Urban Institute
There is not enough affordable housing in the United States. For every 100 extremely low income households, there are only 29 adequate, affordable, and available rental units. That means two parents who both work minimum-wage jobs might wait years to find a safe, affordable place to live with their two kids. With such high demand, why aren’t developers racing to build affordable apartments? Read the entire article on the Urban Institute’s website here: http://apps.urban.org/features/cost-of-affordable-housing/.