For the past several years, the country has been suffering from an affordable housing crisis, making it especially difficult for an estimated 11.4 million extremely low-income (ELI) American households to find places to live. ELI households are defined as those earning below the poverty line or 30% of the area's average median income — whichever is higher.
From 2007 to 2013, the number of low-income households increased 18%, but funding for the largest federal housing programs remain below 2008 levels. HUD, the housing agency that funds anti-poverty efforts, could lose approximately $6.2 billion next year if the Trump administration's budget is approved. Read more here.