A new report from the National Low Income Housing Coalition highlights a supply shortage of housing units that are affordable and available to renters at the lowest income levels. Here in Ohio, there were only 189,172 rental units in 2020 that were both affordable and available to the state's 443,717 extremely low-income (ELI) renter households* – or 43 units for every 100 ELI renters – leaving a deficit of 254,545 units.
Click to view/download the PDF for the infographic.
* ELI is defined as those with incomes at or below the federal poverty level or 30% of area median income, whichever is greater. Affordability is based on the common standard that households should not spend more than 30% of their income on housing. Rental units are both "affordable and available" to renters in a specific income group if the gross rent meets the 30% affordability threshold and they are either available for rent or occupied by households with incomes at or below the defined income level.
