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The National Low Income Housing Coalition (NLIHC) released its annual Out Of Reach report, which shows the mismatch between the wages people earn and the price of decent housing throughout the United States.
In Florida, the “housing wage” to afford a 2-bedroom apartment is $19.96 per hour. A Floridian earning the median renter wage of $14.49 would have to work 55 hours to afford a 2-bedroom apartment at a Fair Market Rent (FMR), of $1,038.
At the state’s minimum wage of $8.05, a renter would have to work 99 hours to afford a 2-bedroom apartment at FMR, or 2.5 full-time jobs.
To view the annual report, click here: http://nlihc.org/oor
Affordable Housing Advisory Committee 2016 Incentive Review and Recommendation Triennial Report. This report outlines suggestions on ways the county reduce the economic impact that the lack of Affordable Housing can have on our community.
On Saturday, October 28th, the SJHP and more than 150 Volunteers will join together to “Make a Difference” for 15 families in St. Johns County. To make this event successful, we are seeking donations (materials and monetary). If you can help us, we can help our community! Learn More & Signup!
The National Low Income Housing Coalition (NLIHC) released its annual Out Of Reach report, which shows the mismatch between the wages people earn and the price of decent housing throughout the United States. In Florida, the “housing wage” to … Read More
