A recent report by the California Housing Partnership Corporation and the Sacramento Housing Alliance indicates a need for legislative change on a local and state level. According to the report, “90% of all very-low income households in Sacramento County pay more than 30% of their income in rent.”
In 2009, over 25% of Sacramento residents’ incomes were below poverty level. These residents may have found difficulties in finding a home financially suitable to their situation, due to a city-wide lack of affordable homes.
“There is a shortfall of over 52,000 homes affordable to Sacramento County’s very low-[income] …residents. Nearly 70% of very low-income households pay more than 50% of their income on rent, meaning [they are] extremely housing cost burdened,” says Darryl Rutherford, Executive Director of the Sacramento Housing Alliance (see here).
The Sacramento Housing Alliance and the California Housing Partnership Corporation authored the report in order to spread awareness regarding the current state of Sacramento’s housing market, which does not always provide economical housing to local families. Both organizations work to provide residents a more affordable housing market, as scores of people are affected by this issue.
According to the report, “more than 50 percent of ELI [extremely low-income] households are elderly or disabled, while VLI [very low-income] households are more likely to include low-wage workers… in fact, there are 156,455 workers in Sacramento County earning less than half the county’s median income.”
“These households are just one financial emergency (i.e. car breaking down needing repairs, health emergency, etc.) away from losing their homes,” Rutherford says. “Residents should be concerned given the rise of homelessness and there not being enough affordable homes nor financial resources to create new homes affordable to the working class such as nursing assistants, home health aids, preschool teachers, restaurant workers and waiters.”
The Sacramento Housing Alliance urges legislators to improve the housing market by authorizing tax increment financing, strengthening inclusionary housing policies, and supporting Sacramento Steps Forward. For more information, see page four of the original report.