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Central Florida's Growing Affordable Housing Crisis

Posted by: Christian Peralta Madera

23 May 2007 - 12:00pm

A recent report highlights the growing divide between incomes and housing costs in the Orlando area, leading many families to commute further and further to find affordable housing.

"The lack of affordable housing in Orange County is creating a population of commuters. About a quarter of the people who work in the county have to live outside its boundaries because they can't afford rents or mortgages there."

"The report cites median household incomes in the area as a hair higher than $52,000 a year, which could afford maximum rent or a monthly mortgage of about $1,000 to $1,200.

But 2007 median home prices at $250,000 would require a monthly payment of about $2,000 to afford a home."

"To alleviate the problem, the task force recommends: creating a workforce-housing czar; giving developers incentives to build more affordable houses, condos and apartments; and charging commercial developers a fee if they bring in new workers who would need housing."

Full Story: Orange task force warns of growing housing crisis
Source: The Orlando Sentinel, May 22, 2007
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In recent years, some public officials and civic leaders have begun to question the existing models for dealing with homelessness, arguing that the persistence of the problem shows that what has been done up until now isn't working.
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