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Resolution 7700
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Resolution 7700
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Last modified
10/22/2021 10:02:15 AM
Creation date
10/22/2021 9:59:52 AM
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Resolutions
Resolution Number
7700
Date
10/6/2021
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<br />(02/26/2019) 25 | Page <br />Cost Burden not available 95 355 450 <br />Total 18,450 23,625 42,080 <br />Source: 2011-2015 CHAS summary data <br /> <br />Housing Cost Burden for Renters <br />A large number of rental households are cost burdened. Nearly half of all rental households pay more <br />than 30% of their income on housing costs, and 23% are severely cost-burdened. The lowest income <br />households are most impacted. 76% of all low-income rental households are severely cost-burdened. <br /> <br />When a low-income household is severely cost-burdened, it indicates that the household has less <br />income for other essential needs, like health care, food and education; it is also an indicator of being at <br />risk of homelessness. <br /> <br />Table X: Housing Cost Burden for Rental Households, by Household Income <br />Household Income Cost burden > <br />30% <br />Cost burden > <br />50% <br />Total Universe <br />Rental <br />Households <br /> <= 30% HAMFI 6,005 4,600 7,590 <br /> >30% to <=50% HAMFI 4,135 760 5,270 <br /> >50% to <=80% HAMFI 1,225 55 4,165 <br /> >80% to <=100% HAMFI 115 15 2,315 <br /> >100% HAMFI 45 0 4,285 <br />Total 11,525 5,430 23,625 <br />Source: 2011-2015 CHAS summary data <br /> <br />Housing Cost Burden for Low-Income Rental Households <br /> <br />Source: 2011-2015 CHAS summary data <br /> <br />Table X: Housing Cost Burden, by Household Income for Everett <br />Set-Aside % 1 Person 2 People 3 People 4 People <br />Median Income 30,503 58,937 60,519 75,305 <br />6,005 <br />4,135 <br />1,225 <br />4,600 <br />760 55 <br />0 <br />1,000 <br />2,000 <br />3,000 <br />4,000 <br />5,000 <br />6,000 <br /><= 30% HAMFI >30% TO <=50% HAMFI >50% TO <=80% HAMFI <br />Low-Income Renter Cost Burden <br />Cost burden > 30%Cost burden > 50%
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