Monday, October 12, 2009
Hunt for Housing: More low-income renters looking for assistance
McALLEN -- With no job, five young mouths to feed and an income earned by his wife that barely breaks $19,000 a year, Chris Valle still considers himself lucky.
He has a place his family can afford to call home.
But for more and more of the Rio Grande Valley’s low-income renters, the basic need is falling out of reach. According to the most recent U.S. Census Bureau estimates, more than half of Hidalgo County’s renters spend more than one-third of their income on housing — the benchmark by which the U.S. Department of Housing and Urban Development determines affordability.
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He has a place his family can afford to call home.
But for more and more of the Rio Grande Valley’s low-income renters, the basic need is falling out of reach. According to the most recent U.S. Census Bureau estimates, more than half of Hidalgo County’s renters spend more than one-third of their income on housing — the benchmark by which the U.S. Department of Housing and Urban Development determines affordability.
Read More
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