$115M in state budget to address housing after Hurricane Michael
As part of
"It should put a big dent in the problem," Trumbull said.
Since the Category 5 hurricane destroyed many homes and apartment complexes as if they were made of cards, housing has emerged as the top issue in the community. The lack of inventory has driven up prices for rentals, and many complain about the workforce not being able to find places to live, in turn stalling the economy. The shortage of workers, particularly in the construction industry, also is prolonging the wait time for homeowners to have repair work done.
The grant money, which will be routed through the
In a traditional year with the traditional housing programs, the legislature allocates
Even not yet knowing the specifics of how much money will be channeled to
"We are in need of permanent supportive, senior and affordable housing throughout the county," Johnson said. "These funds will help us offer incentives to developers to make this happen."
In addition to sparking bigger developments, Johnson said he already is fielding requests from residents for the existing dollars available to residents. Those funds, he said, will go to help people with "utilities, relocation, purchase, rehab assistance and foreclosure prevention."
The budget is not yet final as Gov.
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