Full-time workers in Washington need to earn $36.33 per hour to afford a modest, two-bedroom apartment at fair market rent. This is Washington’s 2023 “Housing Wage” – an increase of $5 per hour over the housing wage in 2022 – according to a report published today by the National Low Income Housing Coalition (NLIHC) and the Washington Low Income Housing Alliance. 

The Gap: A Shortage of Affordable Homes, a new report released today by the National Low Income Housing Coalition (NLIHC) and the Washington Low Income Housing Alliance, finds a national shortage of 7.3 million affordable and available rental homes for extremely low-income renter households – those with incomes at or below the poverty level or 30% of their area median income, whichever is greater.

Everyone should have a safe, stable place to call home. Stable and safe housing helps kids learn. It helps families stay together and younger adults stay in their home community. It helps ensure a healthy workforce and households that have money left to spend in their local economy. It helps communities stay resilient.