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Senior Housing News reports that the supply of affordable rental housing appears to be dropping at a rapid pace during the past 2 years according to new research released this week from the U.S. Department of Housing and Urban Development (HUD).
The study, Worst Case Housing Needs 2009: A Report to Congress, measures the scale of critical housing problems facing low-income un-assisted American renting households and finds that the found that “worst case housing needs” grew by nearly 1.2 million households, or more than 20 percent, from 2007 to 2009 and by 42 percent since 2001.
For the full report, visit: http://www.huduser.org/Publications/pdf/worstcase_HsgNeeds09.pdf
