1. About Affordable Housing

2. WHAT IS AFFORDABLE HOUSING?
Means families pay no more than 30% of their household’s income for rent
Example: $2,000/month
$600/month spent on
housing (rent, utilities, etc.)
FWHS has programs ranging from those for families with extremely low incomes to those making up to 80% of area median income.

3. WHAT IS AFFORDABLE HOUSING?

4. In Fort Worth today, 1 in 5 households is severely cost burdened.
WHO NEEDS AFFORDABLE HOUSING?
In Fort Worth today, 1 in 5 households is severely cost burdened.
While “cost burdened” is defined as spending more than 30% of their income on housing, “severely cost burdened” is defined as spending more than 50% on housing.

5. WHO NEEDS AFFORDABLE HOUSING?
FOR AN INDIVIDUAL
AMI
INCOME
FOR A FAMILY OF 4

6. WHY DO WE NEED AFFORDABLE HOUSING?
In Fort Worth, it takes one person working full-time at $16.69/hour to afford the average one-bedroom apartment.

7. Affordable Rental Units
WHY DO WE NEED
AFFORDABLE HOUSING?
-29,101
Affordable Rental Units
*Reported by the National Low Income Housing Coalition for Congressional District 12
Businesses have a harder time recruiting and retaining workers if employees cannot afford to live near jobs or transit
Population growth: 420 people are moving into Fort Worth every week
Children who lack the stability of a home lag behind their peers academically
Without affordable housing the cycle of poverty continues driving up the costs of social services, healthcare and public safety

8. WHAT IS NEXT FOR AFFORDABLE HOUSING?
Residents from Butler Place have begun to relocate to properties approved for RAD conversion
We anticipate the relocation of Butler Place residents to be complete by the end of 2020
FWHS has approved the first Transit Oriented Development in the city of Fort Worth in partnership with Trinity Metro
FWHS believes housing is infrastructure and will continue to develop affordable housing in a manner that meets the needs of the community
FWHS currently is partnering with COFW, HFC and other agencies to implement housing plans for Cavile Place, Las Vegas Trail and other areas of Fort Worth

9. WHERE IS AFFORDABLE HOUSING?

10. WHERE IS AFFORDABLE HOUSING?