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Rent by Gross Income

Report Shows How Much Households Should be Spending on Rent

From San Antonio Express News A recent report from Business Insider calculates how much households should be spending on rent based on their income. The report uses the 30 percent of income threshold — the same threshold recommended by the Department of Housing and...

The Gap Report March 2019

The Gap Report March 2019: A Shortage of Affordable Homes

The U.S. has a shortage of seven million rental homes affordable and available to extremely low-income renters, whose household incomes are at or below the poverty guideline or 30% of their area median income. Only 37 affordable and available rental homes exist for...

housing finance scale

Proposed 2020 budget reduces HUD funding by $8.7 Billion

From NAHBNow President Trump is seeking to reduce the 2020 budget for the department of Housing and Urban Development (HUD). The budget cycle begins October 1, 2019 and runs through September 30, 2020. While no White House budget is ever approved "as is" by...

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