Tax credits for affordable housing among slate of 30 new Texas laws
A bill that aims to boost low-income housing developments became law this week.
According to the Texas Affiliation of Affordable Housing Providers, every metro area in the country has a shortage of affordable and available rental homes for extremely low-income renters.
Here's what the affordable housing crisis looks like by the numbers in our state.
According to the National Low Income Housing Coalition, there are 904,814 extremely low-income renter households in Texas, with 230,166 affordable and available rental homes.
In the Austin-Round Rock-Georgetown metro area, the coalition's data showed 83,965 extremely low-income renter households with 13,601 affordable and available rental homes. The data is from 2021.
The group ranked Austin as the third-worst metro area in the country for affordable housing.One of the bill's authors, State Rep. Craig Goldman, previously said this legislation is aimed at bridging the gap for so many.
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