Housing Instability is a serious problem for far too many families in our community.
Housing instability leads to:
Research shows that the #1 cause of Housing Instability is Rental Cost Overburden.
When a tenant must pay over 30% of their income for rent, they are cost overburdened and therefore much more likely to experience housing instability. The average renter household median income in Olympia is $32,700 and 30% of that income corresponds to $818/month rent. However, the Fair Market Rent for a 2 bedroom apartment in Olympia in 2021 was $1,241. Therefore, the average renter in Olympia must dedicate over 45% of their monthly income toward rent.
The prevalence of renter cost overburden is causing increased homelessness and housing instability for far too many working families and individuals in Olympia.
It addresses the rise in housing instability by slowing the rapid rise in the cost of rent and providing better protections from evictions that are due to inability to pay.
Help prevent homelessness and stabilize housing for working Olympians.
Join the Olympia for All Campaign for Housing Justice in Olympia!
In order to successfully make the 2024 General Election ballot, we are asking for coalition partners to join us by 12/1/2023.
For further questions regarding this campaign, email Dave Toler: firstname.lastname@example.org.