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The 8 states suffering the most from the affordable housing crisis

Leanna Garfield   

The 8 states suffering the most from the affordable housing crisis
Finance1 min read

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San Francisco, California.

If you find it hard to find an affordable apartment or house in the US, you're not alone.

For the past several years, the country has been suffering from an affordable housing crisis, making it especially difficult for an estimated 11.4 million extremely low-income (ELI) American households to find places to live. ELI households are defined as those earning below the poverty line or 30% of the area's average median income - whichever is higher.

From 2007 to 2013, the number of low-income households increased 18%, but funding for the largest federal housing programs remain below 2008 levels. HUD, the housing agency that funds anti-poverty efforts, could lose approximately $6.2 billion next year if the Trump administration's budget is approved.

While there is a nationwide shortage of affordable housing, some states are worse off than others. That's a reality reflected in a new report by the National Low Income Housing Coalition, which analyzed the availability of affordable housing in every state. The report defines an affordable housing deficit as when ELI households must spend more than 30% of their incomes on rent and utilities.

Eight states have fewer than 30 affordable homes available per 100 households in extreme poverty, according to the report.

Check out these states and the full map below.

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