The National Low Income Housing Coalition (NLIHC) has released its annual report, "The Gap: A Shortage of Affordable Homes" which finds a national shortage of seven million affordable and available rental homes for extremely low-income renters-those with incomes at or below the poverty level or 30 of area median income (AMI). The coronavirus (COVID-19) pandemic exacerbated a preexisting housing crisis and further threatened housing stability for low-income renters. Now that temporary emergency resources and renter protections are nearing expiration, the report calls for long-term federal investments that would ensure everyone has access to affordable, stable housing: significant and sustained investments in the national Housing Trust Fund and public housing; the preservation of the existing affordable housing stock; an expansion of the Housing Choice Voucher program to all eligible households; a National Housing Stabilization Fund to prevent evictions and homelessness; and robust renter protections to help renters stay stably housed.
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