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Supply
Statewide Needs
1500 MORE UNITS in the next four years alone to meet the demands of growing numbers of poor and very poor. A LIVING WAGE: Household incomes of the poorest Delawareans are increasing at a much slower rate than others. According to the most recent study,1the full-time hourly equivalent of the wage needed to afford a two-bedroom in Delaware is $13.79. This is 205% of the average placement wage for workers moving off welfare through A Better Chance.2 It is 224% of the current minimum wage. While Delaware has been very successful at job creation, the result has not been incomes that allow most of those new workers to obtain housing at an affordable rent. Existing jobs that did provide that security continue to disappear and are not being replaced. TIGHTENING SUPPLY: Vacancy rates remain low enough to keep rents above the means of a growing number of families. THREATS TO EXISTING ASSISTED HOUSING AND TO THE REMNANTS OF THE SAFETY NET: Federal and State programs designed to dismantle many housing programs and emphasize "back to work" solutions to poverty and housing issues, less federal money to the State, and the potential loss of hundreds of assisted units. Cuts already enacted or contemplated in welfare, SSI to children, the Earned Income Tax Credit, Food Stamps, and Medicaid increase the precarious nature of life for the least advantaged Delawareans. Incomes
16,000 FAMILIES are "Shelter Poor": They are in poverty after paying to keep themselves in a home and need help to avoid paying more than 30% of their income for housing. 16,687 FAMILIES: Less than one fourth of all tenants (23%) can afford monthly housing costs of $500 - $749. 23,000 FAMILIES: Delaware’s Poorest Households have incomes at or below 30 % of the median3 income 36,047 FAMILIES: Only half of all tenants can afford monthly housing costs of between $250 and $499. 55,524 FAMILIES: 23% of all households earn 50% of median income or less. 91,264 FAMILIES: 37% of all households earn 80% of median or less. _ _ _ _ _ _ _ _ _ Sources: --adapted from The Housing Journal, Winter 1997, Page 3
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