No 2-bedroom rentals anywhere on minimum wage

A new report by the National Low Income Housing Coalition found minimum-wage workers in most of the country cannot afford a modest 2-bedroom apartment

The minimum wage in Hawaii rose to $10.10 an hour this year.

They would need to earn as much as an additional $8 an hour to rent in some of city's most in-demand neighborhoods, such as the Garden District or Uptown.

"While significant progress has been made over the past decade to increase the supply of affordable housing in Charlotte, the reality is that housing is becoming less affordable", said the draft of "Housing Charlotte", a new report by city staff that was released this month". However, the report's authors cautioned against thinking that increasing minimum wage would be a "silver bullet solution". Almost 11 million extremely low-income families pay more than half their incomes on rent.

Employees in the Commonwealth must make $23.29 an hour to afford a two-bedroom apartment, according to the study.

The Hawai'i Appleseed Center for Law and Economic Justice outlined details of the Out of Reach 2018 report, compiled by the National Low Income Housing Coalition. In Seattle/Bellevue, it's $24 and across King County it's $25. This year's findings demonstrate how far out of reach modestly priced housing is for the growing low-wage work force, despite recent wage growth, and for other vulnerable populations across the country. The same worker would still need to work 99 hours a week every week of the year to afford a one-bedroom.

The national housing wage for a modest one-bedroom apartment is $17.90, while the federal minimum wage is $7.25. Fair Market Rent is Housing and Urban Development's best estimate of what a household seeking a modest rental home in a short amount of time can expect to pay for rent and utilities, according to the report. Check out the full report from NLICH here.

The Bureau of Labor Statistics says the biggest increase will be with personal care aides.

Rents are lower in more economically depressed parts of the state like Rutland and the Northeast Kingdom, but available housing can have "serious health concerns" from lead paint and mold, according to Mahnke. While the rental market added more than 6.7 million housing units during this period, the number of units renting for less than $800 declined by more than 260,000. Cleveland is now undergoing a wave of new housing opportunities, many of which are geared as luxury living. But this process, known as filtering, does not produce enough affordable rental homes to serve extremely low income renters.

The authors also express concern that the Trump administration's decision to cut housing subsidies will exacerbate the problem.

Data on fair market rents and incomes come from HUD.

Two condos for sale by the Champlain Housing Trust in the Colchester Ethan Allen complex, shown on the trust's website as examples of affordable housing available in VT.

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