US EditionShortage of Affordable Rental Homes: Who Pays the Price?
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Shortage of Affordable Rental Homes: Who Pays the Price?
California has a severe shortage of affordable and available rental homes for extremely low-income (ELI) renters —a deficit of nearly 1 million units. According to a recent report, the Gap, from the National Low Income Housing Coalition, only 24 affordable homes are available for every 100 ELI renter households in the state. And according to the City of San Jose report, in 2023, in San Jose, only 4 affordable homes are available for every 100 EL…
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