From Orlando Business Journal:
Orlando ranked one of the worst cities in the U.S. for home affordability before the Covid-19 pandemic, and a health crisis and economic downturn only complicates the problem.
That’s why initiatives from regulatory changes to new funding approaches are needed in the immediate future in order to improve Central Florida’s supply of affordable homes and apartments, local housing experts said during Orlando Business Journal’s Sept. 1 Affordable Housing Roundtable. The roundtable is part of OBJ’s Community Impact series, which looks at complex issues in four pillars that impact the region: health care, education, transportation and housing — and how they can be addressed.
More affordable homes are needed in the region, which is experiencing a 15.3% unemployment rate as the pandemic shutters businesses and the vital convention and tourism industries have yet to fully recover.