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Figure 11: Housing Cost Burden by Income Level <br />Ulp It 30% of <br />Area rwladian <br />31% tt 50% of <br />Ar,1U <br />Household Income <br />� <br />'_~--_- <br />51 % tt 80% of <br />Ar,1U <br />Total households <br />ExpeirieniJing Nmsing cost buirdein <br />Experiencing severe housing cost burden <br />����Department of Housing and Urban Development, 2009-2013American Community Survey Public <br />Use Microdata Sample <br />Furthermore, construction of new affordable housing has been dropping significantly. In <br />2000,the Metropolitan Council projected thatthe[egi0nSh0u|dadd51,000nevvunitS0f <br />affordable housing between 2011and 2020t0accommodate the forecasted growth in <br />low- and moderate -income households. (Note that this ignores the need for affordable <br />housing that existed in 2010, that is, the 144,000 households paying more than half of their <br />income on housing —much less the additional 138,000 who are paying between 30% and <br />50% of their income on housing. These are the low- and moderate -income households <br />that currently experience housing cost burden.) Over the first three years of the decade the <br />region added 2,993 new affordable units, meeting just over 5% of the decade -long need. At <br />this pace, itwill take the region more than four decades 10meet only one decade's need for <br />affordable housing. <br />Figure 12:Construction ofNew Units ofAffordable Housing <br />6,000 <br />5,000 <br />4,000 <br />3,000 <br />2,000 <br />1,000 <br />New units added per year <br />o <br />�# �� �� �� �� �� �� �� �� �� �� �� <br />� tr �r � � � � � �� �� �� �� <br />Note: The Council changed its definition ofaffordability between 2o1Oand 2o11.From 1995m2o1O.the <br />Council considered owner -occupied units affordable ifnhousehold earning RO%ofAM|could afford the <br />housing costs and rental housing affordable if a hcAAsehold earning 50% of AMI could afford the, rent. After <br />2011, the Council used a standard threshold of affordability to households earning 60% of AMI. <br />Rental unitm(50% AMQ <br />Owner -occupied unitm(80% AMQ <br />RaintmUunits �0% AK0I) <br />Owner -occupied units (60% AMI) <br />Source, Affordable Housing <br />Production Ourvey, Metropolitan Council <br />HOUSING POLICY PLAN <br />ONE� Hg3usinq for a Growing, 7hrivinggeqion <br />