Creating affordable housing as the price of rent outpaces wage increases


Creating affordable housing as the price of rent outpaces wage increases


MADISON, Wis. (WMTV) - The average renter in Dane County is paying $300 more per month in 2022 than in 2010, according to the Dane County Housing Advisory Committee.

With the price of rent outpacing wage increases, more and more people in Dane County are seeking affordable housing.

According to the US Department of Housing and Urban development, affordable housing is defined as housing in which the occupant is paying no more than 30% of gross income for housing costs, including utilities.

A Dane County Housing Needs Assessment found that there are more than 13,000 renters in the county who are paying more than 50% of their monthly income on housing...



   ...more

Share this article on you social outlets



Our Sponsors
- - Volume: 10 - WEEK: 12 Date: 1/5/2023 9:04:29 PM -