National housing shortage = increased homelessness

Steve Berg, chief policy officer at the National Alliance to End Homelessness: 

"...only 1 in 4 Americans who qualify for a federal housing subsidy actually get it, and that's been the case since he was in law school decades ago. The vast majority of low-income renters must rely on market-rate housing, but the U.S. hasn't built enough housing for more than a decade, since the market crash of 2008. And the shortage is most acute for the lowest income renters — by more than 7 million units, according to the National Low Income Housing Coalition.


That tight market, combined with the worst inflation in a generation last year, has led to double-digit rent spikes in many places around the U.S."

NPR Article

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