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  "documentTitle": "2022 strategic update presentation",
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  "notes": "Contains two data tables and supporting text regarding poverty and housing statistics.",
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      "text": "Complex housing and labor market policies and practices contribute to an estimated shortage of 44,000 affordable rental homes available to extremely low-income Utahns.",
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      "text": "Poverty rate: 8.1%",
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      "text": "The 2022 FFIEC Census Report showed just over 450,000 housing units in the AA, of which 63% were owner-occupied, 29% were renter-occupied and 8% were vacant. The data in the following table indicates that housing units in low- and moderate-income areas are more likely to be renter occupied, and less likely to be owner-occupied, than units in upper-income areas. Most units are in Salt Lake County where housing stock increased 13% since 2010 to approximately 440,000 units. The median home value in Salt Lake County was approximately $450,000 and the median gross rent was $1,315. Utah's total supply of housing has been increasing by an average of 13,430 housing units per year as noted by the U.S. Census Bureau's American Community Survey.",
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      "text": "Complex housing and labor market policies and practices contribute to an estimated shortage of 44,000 affordable rental homes available to extremely low-income Utahns, i.e., households with incomes at or below the poverty guideline or 30% of area median income.",
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      "text": "Despite relatively low poverty rates, there are still many Utahns trapped in the cycle of poverty. Approximately 17% of Utah residents ages 0 to 50 (532,000) received at least one month of public assistance in 2021 and an estimated 212,000 children (22% of all children in Utah) are at risk of remaining in poverty as adults.",
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      "text": "Source: Calculated Data from 2022 FFIEC Census Report",
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      "text": "Source: Calculated Data from 2022 FFIEC Census Report",
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      "kind": "table",
      "text": "UT AA County Families Living Below Poverty Level: Salt Lake 8.1%, Summit 4.4%, Tooele 5.9%",
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      "text": "UT AA Units (%): Tract Categories, Renter-Occupied, Owner-Occupied, Vacant, Total. Low Income 1.2, 0.5, 0.2, 1.9. Moderate Income 10.5, 11.5, 1.5, 23.5. Middle Income 12.6, 29.5, 2.6, 44.7. Upper Income 4.6, 21.6, 3.7, 29.9. Unknown 0.1, 0.0, 0.0, 0.1. Total 29, 63, 8.",
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      "text": "Housing Characteristics",
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