New report sheds light on Fresno County "housing emergency" for low-income renters
FRESNO COUNTY, Calif. (FOX26 NEWS) —
The California Housing Partnership released a detailed report about the housing emergencies in Fresno County for low-income renters.
It found that renters need to earn $19.21/hr to afford the median monthly asking rent of $999. That's nearly twice the state minimum wage. It also discovered there was a 7% rise in homelessness from 2016 to 2017.
The report states that Fresno County's lowest-income renters spend 73% of their income on rent, leaving 23% for food, transportation, health care and other essentials.
The California Housing Partnership recommends that state lawmakers do the following to provide relief to low-income families struggling with the high cost of housing:
-Immediately invest $1 billion of the state’s budget surplus to finance the development of permanently affordable rental housing and another $1 billion for supportive housing for the homeless.
-Bring back redevelopment funding for affordable housing and related infrastructure at an initial amount of $1 billion annually.
-Aggressively campaign for the passage of the $4 billion Veterans and Affordable Housing Bond of 2018.
-Reduce the threshold for voter approval of local funding of affordable housing and infrastructure from 67% to 55%.
Click here to read full report.