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M REPORT | 53 O R I G I NAT I O N S E R V I C I N G DATA G O V E R N M E N T S E C O N DA R Y M A R K E T THE LATEST DATA wealth and $320 in cash. "Households of color are overrepresented in the lowest income groups," the report said. "Black households make up only 12% of all households, but 27% of renters earning less than $15,000 and 25% of those earning less than $30,000. Hispanic households also account for 19% of renter households making less than $30,000, but only 14% of households overall. Although white households make up almost half of lower-income renters, this share is actually low relative to their 67% share of all households. In contrast, the share of Asian households with lower incomes is comparable to their share of all households." "The legacy of structural racism is clear from the disproportionate shares of households of color that live in high-poverty neighborhoods. Regardless of income, some 51% of Black renter households, 45% of Native American renter households, and 44% of Hispanic renter households lived in neighborhoods with at least 20% poverty in 2019. The shares of Asian and white renter households were far lower at just 22% and 25%, respectively." While the JCHS was able to identify the shortcomings and disadvantages that plague low- income and renters of color, they suggested that more needs to be done to fix our current national housing policy. "This is a pivotal moment for national housing policy. The pandemic has brought the long- simmering rental affordability crisis to the fore, and the current administration supports large-scale investments in both new and existing rental housing, as well as in subsidy programs," Airgood- Obrycki concluded. "By creating a comprehensive, well-funded housing safety net, the nation has the opportunity to pull millions of households out of poverty, address longstanding inequities in housing delivery, and ensure that every household has access to a decent and affordable home."