By Katie Hyson, Kbps

The California Housing Partnership has released its annual Affordable Housing Needs Report.

State and federal funding for housing in San Diego County fell this last fiscal year by almost 10%.

Still, thousands of rent-restricted units were constructed or acquired — a 90% increase from the year before.

It’s needed. Almost 80% of the county’s extremely-low-income households pay more than half their income on housing, according to the report, and nearly 130,000 low-income renter households don’t have access to an affordable home.

Those numbers are down slightly from the year before.

Stephen Russell, president of the San Diego Housing Federation, attributed that to a slight increase in wages and a cooling rental market. But he warned against thinking that signals an end to the housing crisis.

“I wouldn’t call these reports necessarily positive. They indicate that maybe we’ve hit the bottom of the depth of the crisis, but we’re still underwater,” Russell said. “We have a long ways to go to bring people’s wages up to where it’s appropriate and to build enough housing that is affordable, especially for folks like seniors, like people living with disabilities, who are challenged, who are not going to see increases in their wages.”