According to a recent study, the majority of low-income renters in San Diego County spend more than half of their money on rent.
San Diego’s Affordable Housing Requirements Report, released Thursday by the nonprofit , California Housing Partnership, gave the place bad marks across the board for everything from poor housing to funded rentals — and sounds the alarm on decreasing money.
The agreement said 81 pct of really low- income county residents, earning$ 31, 850 a year for an adult, were paying more than half of their income on rent in fiscal year 2022- 2023. The same went for 49 percent of very low- income renters ($ 53, 050 a year ) and 12 percent of low- income renters ($ 84, 900 a year ).
” We are not putting somewhere near enough sources toward this problem”, said Stephen Russell, CEO of the San Diego Housing Federation.
He claimed that the place had worked hard to bring more cheap accommodation to business, and that the situation could be worse. However, he said the region was blessed to create 1, 300 discounted units a month, method below what is needed to make up for shortfalls.
According to the agreement, 134, 537 low-income homeowner families in San Diego County are revoked because they are not able to obtain rent-restricted housing or to find cheaper rentals on the street. Of the more than 200, 000 minimal- income families, a little more than 60, 000 house are in inexpensive units, it said.
Data for the report comes from the U. S. Census, real estate tracker CoStar, the Bureau of Labor Statistics and the U. S. Department of Housing and Urban Development.
Federal and state funding for affordable housing production and rehabilitation in San Diego County decreased by 13 % from the previous year’s$ 631 million.
Low-income tax credits and significant subsidies were used to fund the construction of rent-restricted housing, which provided a large portion of the funding. That number was up at the statewide level, 13 percent, but down 4 percent nationally. Nationwide tax credits are tied to population, and some funding was lost due to California’s slight population decline.
The federal Housing and Urban Development department’s grants, both down 35 %, and state housing and budget allocations, were the biggest declines. Budget shortfalls following the pandemic years largely account for that.
Russell noted California now has a budget deficit, down from the ,$ 97.5 million surplus in 2022, which means less money is available for subsidized housing. So, housing advocates are pushing for a statewide bill, AB 1657, that would allocate$ 10 billion for affordable housing. The report’s goal was to promote the legislation and breakdown the state’s housing problems in plain numbers.
The report said there were 9, 226 beds available for homeless people across San Diego County, a mix of interim housing ( like shelters ) and permanent housing. That figure has increased by more than 4, 000 beds in five years, but by 800 from the previous fiscal year.
According to the California Housing Partnership, a San Diego County resident would need to make$ 47.67 per hour to pay the monthly average of$ 2,479. However, according to that figure, affordability is defined as someone who only spends a third of their monthly rent, which is becoming increasingly uncommon in the country.
Similar housing issues were present in the entire area. The partnership said 494, 446 low- income households in Los Angeles County did n’t have access to affordable housing. It also said Riverside County had 51, 165 households, San Bernardino County, 58, 846, Ventura County, 23, 937, and Orange County, 129, 693.
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