New reports from the nonprofit California Housing Partnership provide insight into just how significant the shortage of affordable housing in Southern California really is. According to the reports, Southern California needs upward of a million new affordable housing units just to meet current demand. In Los Angeles County, it is estimated another 568,000 more affordable rental homes are needed to keep up with demand. According to the report, the county’s poverty rate rises from 17.2 percent to 24.9 percent when adjusting for housing costs and social benefits. In Orange County, it is estimated another 92,738 more affordable rental homes are needed to keep up with demand. According to the report, Orange County’s poverty rate nearly doubled from 11.9 percent using the official poverty measure to 21.3 percent when factoring in housing costs and social benefits.
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