Bridging The Gap
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Did You Know?

Affordable housing facts you should know:

What do you mean by "affordable"?

  • A home or apartment that is affordable to those families earning 80% of Area Median Income ($51,500/year for a family of four) or below.
  • 50% of Area Median Income represents a family of four earning $32,188 a year.

Additionally:

  • Affordable housing demand far outstrips supply.
  • Even rental housing is unaffordable to many working households.
  • Rental units much more likely to experience deterioration.
  • 25,000 lowest income renters pay over half of their income for housing.
  • 11,000 low income homeowners pay over half of their income for housing.
  • Home foreclosures have tripled in Columbus and Franklin County over the past seven years.

PRIVACY

©2007 The Housing Trust for Columbus and Franklin County
185 S. Fifth Street | Columbus, OH 43215