Research Topic: Affordability

Research
The Gap: A Shortage of Affordable Homes

The Gap: A Shortage of Affordable Homes highlights the critical housing needs of the nation’s lowest income households. More than 11.4 million extremely low income renter households in the U.S, whose income is no greater than 30% of their area median income (AMI) or the poverty guideline, face a shortage of 7.4 million affordable and available rental homes. Nationally, only 35 affordable homes are available for every 100 ELI renter households. A shortage exists in every state and major metropolitan area.

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Research
Paycheck to Paycheck: More than Housing

This research note expands on the Paycheck to Paycheck 2016 analysis and explores the context in which these salaries are being earned by examining household spending on a variety of items. Households must balance their spending on housing with their spending on other key household needs, such as transportation and healthcare. The lowest income households face the greatest challenges in balancing these competing needs.

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Research
Mortgage Lending and Non-Borrower Household Income

Recent literature on doubled-up families in the US has focused on households that take in and provide support for adult children or economically displaced relatives. From recent American Community Survey (ACS) data, however, Fannie Mae finds that in a growing number of households, a substantial proportion of total income comes from additional adults other than the homeowner / head of household or their spouse.

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