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  Federal housing dollars have declined 70% since the 1980's New or growing employers face difficulty meeting housing needs for their employees 44% of lower income households in Arkansas spend more than a third of their income on housing, up 34% in from 2002 Numerous studies demonstrate that low quality housing significantly impacts the health and educational attainment of children The median family income in Arkansas is about 30% lower than the national median family income making homeownership and safe decent housing out of reach for many Low-income families in Arkansas comprise 43% of the total households 75% of Arkansas' housing was constructed prior to 1980, therefore increasing the likelihood of lead based paint exposure Arkansas Legislative Task Force to Study Homelessness, reported more than 20,000 Arkansans were homeless 2008, about 4,300 of them children |
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Arkansas has a severe shortage of housing for our low and moderate income residents. For many working families, seniors and others, a safe and decent place to live remains out of reach. To address our state's housing needs, more than 100 affordable housing advocates in the private, government and nonprofit sectors formed Housing Arkansas in 2008. Our purpose is to speak to and act on the crucial need of housing for low-income Arkansans through the funding of a state housing trust fund. On March 30, 2009, Governor Beebe signed SB396 into law that allowed for the creation of a state housing trust fund. This law is known as Act 661. This authorizing legislation represents a key first step toward making affordable housing a reality for more Arkansans. 
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Lou Tobian |
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Learn how you can take part in creating affordable housing for working Arkansans.
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© 2010 Housing Arkansas. All rights reserved
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