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Home » HUD Secretary Comments on Diminishing Budget Support for HUD Programs
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HUD Secretary Comments on Diminishing Budget Support for HUD Programs

Dec 19, 2013
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Recently Harvard’s Joint Center for Housing Studies’ (JCHS) released a report entitled America’s Rental Housing: Evolving Markets and Needs. The report describes how the 2008 recession has affected rental housing trends. Currently, there are 43 million rental households, representing 35 percent of Americans—the highest rate in more than a decade. Additionally, a disproportionate number of lower-income families and individuals living in rental housing pay an excessive share of their income towards rent.

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