The Coalition on Homelessness and Housing (COHHIO) called for an expansion of the Ohio Housing Trust Fund program after the release of a report indicating that Ohioans must earn at least $14.45 an hour to afford rent for a basic, two-bedroom apartment. The report was released by the National Low Income Housing Coalition and COHHIO. “Ohioans’ earnings have stagnated for years, but housing costs continue to rise. A single parent earning minimum wage would have to work 71 hours a week all year round to afford a two-bedroom apartment. And many low-wage jobs are part-time with schedules that vary from week-to-week, so it’s not even possible to work that much,” COHHIO Executive Director Bill Faith said. The report calculated the housing wage by estimating the full-time hourly wage a household has to earn to afford an apartment at fair market rent without spending more than 30% on rent.
COHHIO has also produced a video to explain the benefits of the Ohio Housing Trust Fund. Check it out here: