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Local Housing Trust Fund can support public, private projects

State of California awards the Housing Authority of the City of Alameda $2 5 Million to build more affordable housing

State of California awards the Housing Authority of the City of Alameda $2 5 Million to build more affordable housing

Florida one of the most challenging states to find affordable housing

Jaimie Ross, president and chief executive officer of Florida Housing Coalition, said the state’s housing crisis boils down to the fact that housing prices exceed the local workers’ incomes, what she called “a serious mismatch between what people earn in Florida and what housing costs in Florida.” Extremely low-income renter households are those who make at or below the poverty line or 30% of the area median income, depending on which is greater, according to the Department of Housing and Urban Development definitions. Low-income households are those who earn 80% of the area median income or less. Only 36% of extremely low-income renters are working people, many with jobs in the retail and service industries that were among the hardest hit by the pandemic. The remaining percentage is made up of seniors, households with disabilities and students or single parents or caregivers.

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