Low income Housing
Some statistics
How many people are on minimum wage?
According to NBC News about 3.6 million Americans are earning at or below the minimum wage of $7.25
How much, annually, do people on minimum wage make?
Annually a person on minimum wage, working 40 hours a week for 52 weeks, brings home about $15,080.
What is the poverty line?
The Federal poverty line is currently set at an annual income of $11,670 for a family consisting of a single person. For each additional person, you must add $4,060 to the original value of $11,670.
Who needs Affordable housing?
Families that use more than 30 percent of their income to pay for housing are considered to be burdened. There are approximately 12 million people in America that pay more than 50 percent of their income for houses.
How much is Affordable housing?
Housing can cost a minimum of $50 if its 30% of the persons income.
How to Apply for Affordable housing?
Each States application process are different, to apply search for your states HUD, or similar programs, office.