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• Housing affordability is becoming an increasing problem across the nation and particularly here in Central Florida. Economic analyst Dr. Hank Fishkind notes how odd this is, given that the country is enjoying the longest economic expansion in U.S. history with very low interest rates and strong gains in employment.
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• As the Orlando area’s housing shortage persists, college students are particularly impacted by limited living options. Sean Snaith, director of UCF’s Institute for Economic Forecasting, joins Intersection.
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• Orlando’s affordable housing crisis has just imploded, in case you were wondering. Last year a 2018 report ranked the Orlando-Kissimmee-Sanford area second in the country for having the most severe affordable housing shortage, offering only 17 available and affordable units for every 100 extremely low-income renters. It is now worse. The Orlando metro area currently has only 13 affordable and available units for every 100 extremely low-income households, making it the most severe affordable housing shortage in the country, according to a report from the National Low Income Housing Coalition. The report also found that Florida ranks first among states where low-income renter households are severely cost-burdened, with 80 percent of households spending half their income on rent or mortgage rather than food …
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• A recent report named the Orlando metro area as the worst place in the country for affordable housing, with many locals struggling to find homes and rentals within their budgets. Jodi Peña-Castaldi with Community Legal Services of Mid-Florida explains the impact of the affordable housing crisis.
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• The Orlando metro area is ranked worst in the US for housing affordability for people who make $24,600 per year or less. In part one of a two-part discussion on the topic, economic analyst Hank Fishkind explores the mismatch between wage rates and the cost of housing that’s available in the marketplace.
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• A report released today by a local homelessness nonprofit says housing costs continue to rise in Osceola, Orange and Seminole counties.
The gap between these costs and wages is increasing people’s risks of becoming homeless.
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• Affordable housing is in great demand in Central Florida. Shannon Nazworth of Ability Housing tells Intersection how Orlando can make a difference -one project at a time- in the affordable housing crisis. And Hank Fishkind talks about ways to boost the supply of housing.
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• Orlando leaders have broken ground on an affordable housing complex on the city’s west side. Half of the 166 units at the Village on Mercy will provide housing for formerly homeless families and individuals.
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• Jaimie Ross, CEO of the Florida Housing Coalition, joins Intersection, to explain how the Sadowski trust fund works
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• A group advocating for Puerto Rican evacuees is calling on Orange County Commissioners for help. 90.7’s Crystal Chavez reports they want to spotlight what they call an affordable housing crisis.
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