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MERCY HOUSE LIVING CENTERS (JOSEPH HOUSE 2017)
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MERCY HOUSE LIVING CENTERS (JOSEPH HOUSE 2017)
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Last modified
2/5/2018 4:14:56 PM
Creation date
2/5/2018 1:23:51 PM
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Contracts
Company Name
AMENDMENT MERCY HOUSE LIVING CENTER ( JOSEPH HOUSE LOAN AGREEMENT)
Contract #
A-2017-307
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
11/7/2017
Destruction Year
0
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minimum wage, but below the Housing Wage of $27.62 may experience increased <br />economic insecurity, as a larger proportion of their earnings must go towards housing. <br />High rent burden can also lead to overcrowding and homelessness. <br />$2S/HOUR NEEDED TO AFFORD A ONE -BEDROOM MINIMUM WAGE INCREASES INSUFFICIENT IN THE <br />IN ORANGE COUNTY FACE OF ORANGE COUNTY'S HEFTY RENT BURDEN <br />Rogionel ComRarie.n of the Hourly Wage Pleaded to Afford Rental Market Attainability in Orange County. Marne 2017 <br />a one-62drOOM Unit, 2017 <br />SOWt@t CtlnMiuMfylntTieatOr2ltCpwt anda'si; p(F4rhbrkMfMnf tlatb hWn fhs <br />U.5 Da4WrYM8lYfai FlN5inA4nd (I(b@rt peuglApmanf (WrvwliV;USNa!(}i vsing Lh8 <br />mcLHatYOPogy O(thR Nbtiona! 4ow lnGpnra Ntwstng CtKN(hY! ({4FvµiPlhlltO,g) <br />&.I', ('anenuNlylnd2'AMm RaR»rt a,WytiF aLFBh MCKet kettP pefa (mm (he <br />.aboua,PnfeniNHaustitg a�U U,Rart iWt4'MprtMni (IVWwhv Gs Rsq)vEGp <br />on, mad`o A`d y erlualwueyfU PnfWne"'ou"o C@antkw(mv `Ohcontx <br />Ca(+huNa £en4rAryrymanf D&VakMrec[Oewrtmo-nr (vmW.@tlasbgo <br />In Orange County, median hourly wages for carpenters, machinists and administrative <br />assistants are too low to afford median rent for a one -bedroom unit. Wages for personal <br />care aides and retail salespersons are lower still, less than half the amount needed to <br />afford a one -bedroom unit. For these lower-income workers, a substantial proportion of <br />their personal income must go toward housing, leaving less for other basic needs and <br />unexpected expenses. High rent burden can also lead to overcrowding, when families <br />double- or triple -up in a house to save money on rent, or homelessness if a family or <br />individual gets behind on rent or cannot afford the upfront costs of renting. <br />RENT BURDEN I5 HIGH FOR MANY LOWER -WAGE WORKERS <br />Hdurly Wage Needed to Afford a Median One-0edmom Unit in Orange County (20U) Compared to Median Local Wages in Selacmd 0,,Lumatrans (3rd Quarter 2016) <br />Low <br />&iafm,iC"Ilrej 8017 Ho aly5la,,e), Market REm ry hamna U5b tDar ronont' a eMWban k uo,t fatusing the 0,ane,2016 oftha h4trbrvsf <br />tow Income HOvSing �tlon (201]HousHlg 4Yage2' CelLbmia Emplay/YantCevebtinrEn(r7pperhnant Ottucefia@a!£mckylNent SSstisi(cs (3M (3vartu Zbtb) <br />Page 8 of 13 <br />
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