Affordable housing still out of reach for low-wage workers
“In order to afford a modest two-bedroom apartment at the Fair Market Rent in Vermont, full-time workers need to earn $23.68 an hour, or $49,258 annually. This is Vermont’s 2021 Housing Wage, revealed in a national report released today. The report, Out of Reach, was released jointly by the National Low Income Housing Coalition (NLIHC), a research and advocacy organization dedicated solely to achieving affordable and decent homes for the lowest income people, and the Vermont Affordable Housing Coalition (VAHC).”