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BOOP( 1.03 FAGS,te14 <br />HOUSEHOLDS WITH HOUSING AFFORD ABILITY PROBLEM (1989) <br />OWNER -OCCUPIED HOUSING UNITS <br />HOUSEHOLD <br />INCOME <br />ACCEPTABLE <br />RANGE OF <br />q OF HOUSEHOLDS <br />PAYING MORE THAN <br />CUMULATIVE <br />TOTAL <br />% OF TOTAL <br />HOUSEHOLDS WrrH <br />INCOME <br />RANGE OF <br />PAYING MORE THAN <br />TOTAL <br />SPECIFIND <br />AFFORD ABILITY <br />3.579 <br />HOUSING COST <br />30% OF THEM <br />OWNER <br />PROBLEM <br />INCOME FOR <br />OCCUPIED <br />HOUSING COST <br />UNITS 1 <br />Less than 10,000 <br />Less dun $250 <br />988 <br />988 <br />5.22 <br />V <br />510,000 - 519,000 <br />S250-$500 <br />940 <br />1,928 <br />10.22 <br />Of 1 <br />$20,000 - S34,999 <br />5500 - SB75 <br />947 <br />2,875 <br />15.25 <br />V <br />535,000 - $49,999 <br />$875 - S1,125 <br />345 <br />3,220 <br />17.08 <br />Over 550,000 <br />More dm S1,125 <br />454 <br />3,674 <br />19.48 <br />1. Total specified owner occupied units 18,848 Source: 1990 Census of Population and Housing <br />As indicated in the above table, 15.25% of owner -occupied households with incomes less than <br />$35,000 are paying more than 30% of their income for housing costs. <br />RENTER OCCUPIED HOUSING UNITS <br />HOUSEHOLD <br />ACCEPTABLE <br /># OF HOUSEHOLDS <br />CUMULATIVE <br />% OF TOTAL <br />HOUSEHOLDS Wl7ii <br />INCOME <br />RANGE OF <br />PAYING MORE THAN <br />TOTAL <br />SPECIFIED <br />AFFORD ABnxrY <br />3.579 <br />HOUSING COST <br />30% OF THEIR <br />RENTER <br />PROBLEM <br />INCOME FOR <br />OCCUPY <br />HOUSING COST <br />UNITS 1 <br />Less than 10,000 <br />Less dun 5250 <br />1,326 <br />1,326 <br />14.07 <br />V <br />S 10,000 - 519,000 <br />$250 - $500 <br />11690 <br />3,016 <br />32.02 <br />Of 1 <br />$20,000 - $34,999 <br />$500-$975 <br />603 <br />3,619 <br />38.42 <br />V <br />$35,000 - S49,999 <br />$875 - SIAS <br />91 <br />3,710 <br />39.39 <br />Over $50,000 <br />More duan $1,125 <br />28 <br />3,738 <br />39.68 <br />�fl11HM• <br />1 UO/1 !`nnmrc n{'Dnw..1-.:..� <br />...J v_ ._L_ <br />1. Total specified Tenter occupied units 9,418 <br />As indicated in the above table, 38.42% of renter occupied households with incomes less than <br />$35,000 are paying more than 30% of their income for rent. <br />The table below identifies the existing and future shortage of affordable housing both for renter <br />and owner occupied. <br />SHORTAGE OF AFFORDABLE HOUSING <br />1995 ANn 2(M <br />INCOME CATEGORY <br />1995 <br />2000 <br />OWNER UNITS RENTER UNITS <br />OWNER UNITS <br />RENTER UNITS <br />VLI• Only <br />4,470 1,202 <br />3,544 <br />823 <br />VLI and LI 1 <br />4,209 1,227 <br />3.579 <br />7% <br />.,.....w. Luaawua C MUSHIg ASSGSURCut Kapon, Unversay oI rionaa, 5nunoorg::cm Ibr Anordabic dousing <br />In a growing areas, even balanced growth will result in affordable housing needs. Because every <br />community creates a need for workers, many of whom are not well paid, there is a corresponding <br />need for affordable housing. While the need for affordable housing continually increases in a <br />growing area, local government regulations often increase the cost of housing and limit the <br />ability of the private sector to meet overall housing needs. <br />4 <br />February 27, 1997 <br />