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District of Columbia $2,930 $1,793 $71,720 59% $34.48 $27.75 1.2 $1,443 $879 163,874 2.6 $117,200 $35,160 District of Columbia * 163,874 $117,200 $879 $2,930 $1,793 $71,720 59% $35,160 $34.48 $27.75 2.6 1.2 $1,443 Metropolitan Areas Washington-Arlington-Alexandria HMFA * Counties $117,200 $879 $2,930 $1,793 $71,720 59% $35,160 $34.48 $27.75 2.6 1.2 $1,443 163,874 * 50th percentile FMR (See Appendix B). DISTRICT OF COLUMBIA 2 BR FMR 3 FMR 2 FY18 HOUSING WAGE Hourly wage necessary to afford 2 BR 1 2 BR FMR Annual income needed to afford 2 BR FMR Full-time jobs at minimum wage needed to afford HOUSING COSTS AREA MEDIAN INCOME (AMI) RENTERS Annual AMI 4 Monthly rent affordable at AMI 5 30% of AMI Monthly rent affordable at 30% of AMI Renter households (2012-2016) % of total households (2012-2016) Estimated hourly mean renter wage (2018) Monthly rent affordable at mean renter wage Full-time jobs at mean renter wage needed to afford 2 BR FMR 1: BR = Bedroom 2: FMR = Fiscal Year 2018 Fair Market Rent. 3: This calculation uses the higher of the state or federal minimum wage. Local minimum wages are not used. See Appendix B. 4: AMI = Fiscal Year 2018 Area Median Income 5: "Affordable" rents represent the generally accepted standard of spending not more than 30% of gross income on gross housing costs. OUT OF REACH 2018 | NATIONAL LOW INCOME HOUSING COALITION 52
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58 tempt to defraud patients, physicians, hospitals, and other health care stakeholders. Non-Foreign Areas. —The Committee remains concerned that some companies and corporations engaged in interstate commerce are unwilling to ship products to Alaska, Hawaii, Puerto Rico, and the other territories, even though the Postal Service and private shipping companies serve these areas. The Committee believes that these non-foreign areas must be afforded equal treatment to the other 48 states. The Committee requests the FTC to work with the Postal Service on recommendations and outreach materials to ad- dress these inequalities in interstate commerce and to provide a re- port to the Committee within 120 days of the enactment of this Act. Unproven Stem Cell Products. —The Committee commends the FTC for its recent enforcement actions against companies making deceptive health claims about the safety and efficacy of unapproved and unproven stem cell products. Unproven stem cell products have put many patients at risk and resulted in patients being blinded, paralyzed, and infected with dangerous pathogens. The Committee encourages the FTC to continue to prioritize enforcement actions against companies making deceptive and unproven health claims regarding the safety and efficacy of unapproved stem cell-based products. Further, the Committee encourages the FTC to continue to coordinate with the Food and Drug Administration to optimize its enforcement and consumer education activities. Cryptocurrency. —Cryptocurrencies are digital assets that use cryptography to secure or verify transactions and are an important innovation with the potential to improve financial services and fuel open source software networks. They are not created by a govern- ment or central bank, but they can be exchanged for U.S. dollars or other government-backed currencies. As consumer interest in
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  • Fall '19
  • Household income in the United States, Committee

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