The U.S. Rental Crisis: HUD Secretary Keynote & A New Tool from the Urban Institute

Monday, March 03, 2014 | Harvard Joint Center for Housing Studies

At a recent event in Washington, DC, the Joint Center released its biennial America’s Rental Housing report. Shaun Donovan, U.S. Secretary of Housing and Urban Development, delivered a keynote about the issue of rental affordability in the U.S, which he called a “silent crisis” as America’s lowest income renters have seen their incomes steadily go down while their rents steadily go up.  Watch Secretary Donovan’s keynote below.

Further illustrating the points made in our report, and by Secretary Donovan, the Urban Institute this week released an interactive map, showing the gap in affordable housing in the U.S. Nationally, for every 100 extremely low-income renter households, there are only 29 affordable and available units. Explore the Urban Institute’s map to see the situation in your area.

Read More About: Affordability, Rental Housing
Harvard Joint Center for Housing Studies

Harvard Joint Center for Housing Studies

Drawing from the ongoing research and analysis of the Harvard Joint Center for Housing Studies, Housing Perspectives provides timely insight into current trends and key issues in housing....

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