HOMES MATTER IN NEW ENGLAND...Cut in New England Wage Needed to Afford a Rental Home An 11.8% cut...

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HOMES MATTER IN NEW ENGLAND Less than $15.00 $15.00 to less than $20.00 $20.00 or More Two-Bedroom Housing Wage ME Housing Wage: $18.05; Avg Renter Wage: $10.98; Minimum Wage: $9 NH Housing Wage: $21.71; Avg Renter Wage: $14.75; Minimum Wage: $7.25 MA Housing Wage: $27.39; Avg Renter Wage: $19.70; Minimum Wage: $11 CT Housing Wage: $24.72; Avg Renter Wage: $16.97; Minimum Wage: $10.10 RI Housing Wage: $19.49; Avg Renter Wage: $13.27; Minimum Wage: $9.60 HUD Cuts Further Exacerbate Housing Instability & Homelessness of Housing Choice Vouchers Cut in New England 11.8% Wage Needed to Afford a Rental Home An 11.8% cut represents 18,492 individuals and families in New England who will not be assisted next year. Vouchers 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 138,308 Vouchers after 11.8% Cut 156,800 Vouchers in Use in 2016 (The National Low Income Housing Coalition, “Out of Reach 2017”, 2017 Two-Bedroom Rental Home Housing Wage) 25,036 25,614 10,866 158,769 87,872 RI: 29,992 New England: 338,149 Shortage of Homes Affordable and Available for Extremely Low Income Renters (The National Low Income Housing Coali- tion, “The Gap: A Shortage of Affordable Homes”, 2017) Populations Served by HUD Programs in New England Elderly Non-Elderly Disabled Families with Children (U.S. Department of Housing and Urban Develop- ment, “Picture of Subsidized Households – 2016”) $0 $50,000,000 $100,000,000 $150,000,000 $200,000,000 $250,000,000 2010 2017 2018 CDBG HOME NHTF We will Produce and Preserve Fewer Homes and Have Access to Fewer Services in New England if HOME, CDBG, and NHTF are Eliminated (U.S. Department of Housing and Urban Development, Formula Grant Allocations 2010 and 2017) (Center for Budget and Policies Priorities, Blog and Fact Sheets 2017) New England states rank among the least affordable in the nation. The Trump Administration’s budget proposal reduces HUD’s budget by $7.4 billion and cuts almost every HUD and Rural Housing program, eliminating tools to build and preserve housing, and slashing public housing. This proposal would put people at risk of eviction from subsidized housing and put our public housing stock at risk of being lost. VT Housing Wage: $21.90; Avg Renter Wage: $12.51; Minimum Wage: $10

Transcript of HOMES MATTER IN NEW ENGLAND...Cut in New England Wage Needed to Afford a Rental Home An 11.8% cut...

Page 1: HOMES MATTER IN NEW ENGLAND...Cut in New England Wage Needed to Afford a Rental Home An 11.8% cut represents 18,492 individuals and families in New England who will not be assisted

HOMES MATTER IN NEW ENGLAND

Less than $15.00$15.00 to less than $20.00$20.00 or More

Two-Bedroom Housing Wage

ME Housing Wage: $18.05; Avg Renter Wage: $10.98; Minimum Wage: $9NH Housing Wage: $21.71; Avg Renter Wage: $14.75; Minimum Wage: $7.25

MA Housing Wage: $27.39; Avg Renter Wage: $19.70; Minimum Wage: $11CT Housing Wage: $24.72; Avg Renter Wage: $16.97; Minimum Wage: $10.10

RI Housing Wage: $19.49; Avg Renter Wage: $13.27; Minimum Wage: $9.60

HUD Cuts Further Exacerbate Housing Instability & Homelessness

of Housing Choice Vouchers Cut in New England11.8%

Wage Needed to Afford a Rental Home

An 11.8% cut represents

18,492 individuals and families in New England who will not be assisted next year.

Vouc

hers

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

138,308 Vouchers

after 11.8% Cut

156,800 Vouchers in Use in

2016

(The National Low Income Housing Coalition, “Out of Reach 2017”, 2017 Two-Bedroom Rental Home Housing Wage)

25,036

25,614

10,866

158,769

87,872RI: 29,992

New England: 338,149

Shortage of Homes Affordable and Available for Extremely Low Income Renters

(The National Low Income Housing Coali-tion, “The Gap: A Shortage of Affordable Homes”, 2017)

Populations Served by HUD Programs in New England

Elderly

Non-Elderly Disabled

Families with Children

(U.S. Department of Housing and Urban Develop-ment, “Picture of Subsidized Households – 2016”)

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

2010 2017 2018

We will produce and preserve fewer homes in New England if HOME, CDBG, and NHTF are eliminated

CDBG

HOME

NHTF

We will Produce and Preserve Fewer Homes and Have Access to Fewer Services in New England if HOME, CDBG, and NHTF are Eliminated

(U.S. Department of Housing and Urban Development, Formula Grant Allocations 2010 and 2017)

(Center for Budget and Policies Priorities, Blog and Fact Sheets 2017)

New England states rank among the least affordable in the nation. The Trump Administration’s budget proposal reduces HUD’s budget by $7.4 billion and cuts almost every HUD and Rural Housing program, eliminating tools to build and preserve housing, and slashing public housing. This proposal would put people at risk of eviction from subsidized housing and put our public housing stock at risk of being lost.

VT Housing Wage: $21.90; Avg Renter Wage: $12.51; Minimum Wage: $10

Page 2: HOMES MATTER IN NEW ENGLAND...Cut in New England Wage Needed to Afford a Rental Home An 11.8% cut represents 18,492 individuals and families in New England who will not be assisted

We urge members of Congress to STRONGLY OPPOSE the President’s budget and to invest more in critical HUD and USDA programs so that everyone throughout our region has a place to call home.

New England Housing Network Lead AgenciesCitizens’ Housing and Planning Association / Connecticut Housing Coalition / Housing Action New Hampshire / HousingWorks RI / Maine Affordable Housing Coalition / Vermont Affordable Housing Coalition

For more information, please contact New England Housing Network Director, Cindy Rowe, at [email protected] or 617-742-0820 x104.

Over 66,000 households live in public housing in New England

The 2018 Budget Proposes a 29% Cut in Funding for Public Housing

Populations Served by Public Housing in New England

A 2010 capital needs study estimated the backlog at up to $26 billion with new needs accruing at another $3.4 billion a year nationwide.

HUD reports that even with replacement funds, over 139,000 public housing units have been lost (net) since fiscal year 2000 (about 8,700 units a year on average) nationwide.

Elderly

Non-Elderly Disabled

Families with Children

Other

(U.S. Department of Housing and Urban Development, “Picture of Subsidized Households – 2016”)

(Center on Budget and Policy Priorities, “Federal Rent-al Assistance State Fact Sheets – March 31, 2017”)

(U.S. Department of Housing and Urban Development, “Fiscal Year 2017 Congressional Justifications”)

Our Request• Fund Section 8 at $21.8 billion, including $19.9 billion for renewals. • Fully renew appropriations for the Project Based Rental Assistance program and the Section 202 and

811 programs, without assuming increased tenant contributions or violating commitments to owners regarding rent increases.

• Fund public housing at FY17 budget levels plus inflation. • Renew permanent housing for the homeless, funded through HUD's Continuum of Care programs. • Restore and increase funding for HOME and CDBG. • Preserve all USDA Rural Development programs and fund at no less than FY 17 levels, adjusted for

inflation. They are absolutely critical for ALL of our New England states.• Protect the National Housing Trust Fund.

For America to succeed, families must have the opportunity to live in a quality, affordable home in a thriving community. Investments in affordable housing boost economic mobility, reduce poverty and homelessness, improve health and educational outcomes, and strengthen the economy. With more families struggling to make ends meet, and our nation's affordable housing infrastructure deteriorating, federal investments are ever more critical to sustain our communities and ensure families prosper.