“Falling incomes and rising rents during the pandemic eroded affordability once again, leaving renter households with less residual income,” the JCHS said.
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HUD Unveils Economic Justice Agenda to Assist Low-Income Renters
Approximately $113 million will be invested to help HUD-assisted families increase earned income and improve financial stability, as the Bridging the Wealth Gap agenda will expand HUD’s work to help renters achieve financial well-being and homeownership.
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