Rural Housing Crisis Looms For Low-Income Renters - News Summed Up

Rural Housing Crisis Looms For Low-Income Renters


Source: Housing Assistance Council The graph shows the potential loss of affordable rental units and properties in rural America. Rents are likely to rise to market levels when these projects pay off loans and exit a federal rural housing program. USDA’s Section 515 Rural Rental Housing is among the few rental housing programs specifically for rural communities. That means hundreds of thousands of rental units are scheduled to leave the USDA affordable housing program in the next 25 years. Source: Housing Assistance Council Nine out of 10 counties in the United States have rental units built through the USDA 515 rental housing program.


Source: Huffington Post December 27, 2018 15:56 UTC



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