Joint Center for Housing Studies Releases Annual Report
Harvard’s Joint Center for Housing Studies released its annual State of the Nation’s Housing
Report. The report finds that the need for affordable housing continues to be a nationwide issue: for the 11.5 million extremely low-income households in 2012, there were only 3.3 million rental units affordable and available to them. Locally, more than half of Chicago renters are cost-burdened, meaning they spend more than 30% of their income on housing.
Download the full report or view their interactive map. Read the Tribune’s coverage here.