CALIFORNIA AFFORDABLE HOUSING NEEDS | 2022 REPORT

Key findings from this year’s California Affordable Housing Needs Report:
- Half of California’s 6 million renter households are lower income, with more than 1 million extremely low-income renter households.
- Renters need to earn 2.8 times the state minimum wage to afford average asking rent in California, which increased by 11% since last year.
- Although California has more than doubled production of new affordable homes in the past 3 years, the State is only funding 16% of what it needs to meet its goals.
- Only 10% of renter resources from the State are permanent/ongoing compared to 99% of the support for homeowners.
To further discuss this report and its findings, join the discussion on social media with the following hashtags: #housingneeds #housingneedsCA #CArenters #housingaffordability
Learn more by visiting the Housing Needs Dashboard and State Policy sections of our website.
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