Florida Nonprofits Tackle Affordable Housing Crisis
Florida Nonprofits Tackle Affordable Housing Crisis

Florida Nonprofits Tackle Affordable Housing Crisis

News summary

A Florida report revealed that an affordable housing grant program assisted over 9,000 families and spent $37.5 million from 2018 to 2020, emphasizing the importance of targeted housing support for specific populations. In Taos, New Mexico, local residents express concerns over the housing crisis, prompting the Taos Housing Partnership to initiate a campaign to address the issue, as many community members struggle to find affordable housing. Meanwhile, in Ocala, Florida, the Mercy Village project will provide 59 apartments and duplexes for homeless individuals, highlighting the urgent need for permanent housing. The broader U.S. housing crisis has led to increased political and philanthropic focus on shared equity homeownership as a viable solution for low- and moderate-income buyers. However, experts warn that the lack of affordable housing options continues to contribute to rising homelessness rates, particularly in Central Florida, where many families spend over 30% of their income on housing. Overall, efforts across various regions aim to tackle the pressing need for affordable housing and assist vulnerable populations.

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Last Updated
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