Texas’ poorest renters face a shortage of 679,000 rental homes they can actually afford
“Texas has one of the least hospitable rental markets in the nation for poor people. A new report finds the state has a massive shortage of available rental homes that extremely low-income renter household can afford. The National Low-Income Housing Coalition’s annual report on the nation’s affordable housing shortage found that the nearly 907,000 renter households making less than 30% of their area’s median income are essentially competing for the roughly 227,000 available rental homes they could actually afford. That’s a shortage of more than 679,000 rental homes the state’s poorest residents, which includes families of four with annual incomes below $29,000.”