Poverty | Developers say they need help to build affordable housing
by Rob Holmes
Posted 2/21/18, 02:44 pm
An affordable housing crisis looms despite cranes soaring over the skylines of U.S. cities. According to a Harvard University report, nearly 21 million households pay more than 30 percent of their income for rent, and nearly 11 million of those pay more than 50 percent of their take-home pay.
Though many city governments tout the need for more more affordable housing, policies to effect change are elusive.