The Technical Assistance Collaborative, Inc. (TAC) and Consortium for Citizens with Disabilities (CCD) Housing Task Force recently released Priced Out (link to report), examining the value of Supplementary Security Income (SSI). The report shows that an individual receiving SSI, a federal supplement designed to provide for the basic needs of disabled people who have little or no income, is priced out of every single housing market in the United States.
Within New Jersey's federally defined housing market areas the cost of a one-bedroom rental unit ranged from a low of 107% of SSI payments in the Ocean City housing market area to a high of 185% in the Bergen/Passaic housing market area.
To read more and to access the full report use this link:
http://monarchhousing.org/2011/07/05/priced-out-2010/
Please share this information.
Yours,
Richard W. Brown
Chief Executive Officer
Monarch Housing Associates
29 Alden Street
Suite 1B
Cranford, NJ 07016-2156
908-272-5363 ext. 225
908-382-6309 (Fax)
mailto:rbrown@monarchhousing.org
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