A recently constructed home in Caldwell is ready for purchase, Tuesday, July 2, 2019.
Hundreds of people across the Treasure Valley are searching for affordable housing, writes Idaho Press reporter Savannah Cardon, as home and rent prices skyrocket. “These are everyday working folks with families who more and more can’t afford a place to live in,” said Josh Scholer, a policy specialist at Jannus in Boise.
Families who pay more than 30% of their adjusted gross income for housing are considered cost-burdened and may have a hard time affording necessities such as food, clothing, transportation and medical care, according to the U.S. Department of Housing and Urban Development. They may qualify for affordable housing programs, but most units in both Ada and Canyon counties are at capacity, and waiting lists stretch out for months and even years.
“Everybody is feeling the pressure of these very, very tight rental markets, escalating home prices,” said Gerald Hunter, president and executive director of the Idaho Housing and Finance Association. You can read Cardon’s full story here at idahopress.com (subscription required), or pick up today’s Sunday/Monday edition of the Idaho Press; it’s on the front page.
Betsy Z. Russell is the Boise bureau chief and state capitol reporter for the Idaho Press and Adams Publishing Group. Follow her on Twitter at @BetsyZRussell.