WASHINGTON, D.C. – March 18, 2014 – (RealEstateRama) — How many hours a week does a minimum wage worker need to work to afford a two-bedroom apartment at Fair Market Rent?
In what states would raising the minimum wage to $10.10 an hour allow minimum wage workers to afford rent?
What is my state’s Housing Wage, or the hourly wage an individual needs to afford a modest market-rate rental home? What is the national Housing Wage in 2014, and how does it compare to recent years?
How do the housing costs in counties and states across America compare?
And what do these findings reveal on the state of affordable housing in America and the housing insecurity of millions of low income Americans?
Find out the answers to these critical questions and more in the National Low Income Housing Coalition’s Out of Reach 2014 report. Out of Reach reveals this data for every state, metropolitan area, and county in the country.
On the 25th anniversary of this widely cited report, Out of Reach remains more relevant than ever. As the minimum wage debate heats up and the public demand for affordable housing solutions grows stronger, Out of Reach 2014 will contribute one-of-a-kind data to the policy-shaping debates happening in communities across the country and on a national scale.
Out of Reach 2014 will be released on Monday, March 24, 2014 at 2 pm ET. Press are invited to participate in a media-only call to discuss the report.
Out of Reach 2014 Press Call
When: Monday, March 24, 2014, 2 pm ET
• Barry Zigas, Director of Housing Policy, Consumer Federation of America; Former CEO of the National Low Income Housing Coalition
• Dr. Sheila Crowley, President and CEO, National Low Income Housing Coalition
• Althea Arnold, Research Analyst, National Low Income Housing Coalition
After short remarks and an explanation of the data, the panel will take questions.
Please click here to RSVP and to receive the call-in information: https://nlihc.wufoo.com/forms/2014-out-of-reach-press-call
Please note: Key local and national data will be made available prior to the call for press who RSVP. This call is for media only.
Out of Reach 2014 will be available to the public on Monday, March 24, 2014 at 2 pm ET at www.nlihc.org/oor/2014.
(202) 662 1530 x246