Alicia Mazzara, senior research analyst, discusses a new Census data that shows the widening gap between median renter income and median rent where the data underscores the continued need for additional federal rental assistance.
According to the findings, despite modest income growth and a strong job market, many renter households struggle to pay their rent. That's due to the rise in rental costs and low-wage jobs.
The study also finds that over half of renter households working in health care support, food preparation, and personal care and service jobs are cost burdened.
Therefore, federal rental assistance critical to helping low-income families keep a roof over their heads. Mazzara recommends that policymakers should expand federal rental assistance programs, and states and localities should develop or strengthen their own housing programs.
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Millennials often get flak for being picky, narcissistic and fickle, especially when it comes to doing business. While unemployment struggles often reach more people in younger generations, these seven millennial entrepreneurs featured in the Huffington Post are too busy creating positive social impact, changing other people’s lives and theirs.