Estimates of Need
nRaising the Roof (HCD, 2000; from 1995 AHS)
§Currently about 2.4 million California households need some form of housing assistance (are low-income and are over-paying).
§If that percentage stays constant at 22%, the number of households needing housing assistance could rise to 3.7 million by 2020.
§Still Locked Out (California Budget Project, March 2001, from 1999 AHS)
§Statewide, 2.3 low-income renter households per affordable unit, or a shortage of 581,000 units.
§About half of California renters pay more than 30% of their income for rent
§90% of low-income renters “overpay” for rent
§79% of low-income home-owners overpay.