Author(s): Craig Griffen
The numbers defining our current housing crisis are daunting. In 2020, 30% of all households had “unaffordable” rent or mortgage payments, defined as exceeding 30% of monthly household income… and more than 1 in 7 households paid over half of their income on housing.1 There is a national shortage of 7.3 million affordable and available rental homes for extremely low-income renters.2 And on top of this, population demographics are changing with greater demand by the Missing Middle sector of people, who do not fit the typical family structure and make a decent income, yet can still not find affordable housing.3 While this presents a high hurdle to clear, there is still an abundance of vacant land in our cities with enormous potential to address this problem.
https://doi.org/10.35483/ACSA.AM.112.11
Volume Editors
Germane Barnes & Blair Satterfield
ISBN
978-1-944214-45-6