Publicprivate partnerships could be the key to Jacksonville’s housing shortage
Sep 20, 2024
Jacksonville, already the largest city in the continental United States, is experiencing rapid growth which has caused a housing shortage in both multi-family and single-family homes while exacerbating the affordable housing squeeze. Affordable housing is something all people need — it is typically defined as paying 30% of income for housing.
As many First Coast residents are paying far more than 30% of their income for their homes, whether they are renting or if they own, this in turn impacts…