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News :: Miscellaneous |
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New Report:Number Of Working Families With Critical Housing Needs Has Increased |
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by National Housing Conference
(No verified email address)
Phone: Robin Hamilton 202-393-5772 x19 |
10 Jul 2001
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WASHINGTON - July 9 - News Advisory: Report to be released Wed, July 11 |
A new report, to be issued by the National Housing Conference (NHC), finds that the number of low- to moderate-income working families with critical housing needs grew from 3 million to 3.7 million, an increase of 23 percent between 1997 and 1999. Paycheck to Paycheck: Working Families and the Cost of Housing in America will be publicly released by NHC on Wednesday July 11, at 2 p.m. in room 2105 of the Rayburn House Office Building. Members of Congress will receive the report at this event and will provide comments.
Paycheck to Paycheck: Working Families and the Cost of Housing in America is part of a series of reports prepared by the National Housing Conference's Center for Housing Policy (CHP) which focuses on the housing needs of working families. Last June, the CHP released a groundbreaking report, Housing America's Working Families. That report revealed overall that over 13 million families in this country had critical housing needs.
Paycheck to Paycheck takes two new approaches to analyzing this issue. First, it reviews the latest information from the 1999 American Housing Survey (AHS), and describes the overall number and characteristics of working families with critical housing needs. The second part of the analysis examines whether working families who earn prevailing wages for selected occupations are able to pay reasonable costs for housing in the communities in which they live. This analysis is carried out for 5 vital occupations-Janitor, Elementary School Teacher, Police Officer, Licensed Practical Nurse, and Retail Salesperson-in 60 of the nation's largest housing markets including Atlanta, Boston, Chicago, Denver, Seattle, Los Angeles and New York. For example, the analysis contained in the report indicates that a janitor working full-time in Seattle needs more than 1.5 times his annual salary to afford a 2-bedroom apartment. A policeman in Seattle needs nearly 2 times his salary to afford a median priced home.
The National Housing Conference (NHC), a 501(c)(3) member organization, is a coalition of affordable housing experts from the public and private sectors. Since 1931, NHC has been an essential source of broad, nonpartisan information concerning national housing policy. |
See also:
http://www.nhc.org/
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