Manatee County debates very affordable housing initiatives, plan improvements

Correction: According to county knowledge, a spouse and children with a yearly revenue of $76,700 can…

Correction: According to county knowledge, a spouse and children with a yearly revenue of $76,700 can afford a residence at a greatest value of $252,000. An previously version of this tale was incorrect.

Manatee County commissioners are seeking to tackle housing affordability issues that have plagued the rapid-rising region.

County commissioners debated “real, meaningful policy” to incentivize development of households that are inexpensive to the community workforce through a workshop Thursday.

Throughout the assembly, county personnel and commissioners discussed the county’s multipronged affordable housing strategy, which seeks to uncover ways to make it possible for builders to build houses that price $200,000 or much less.

In accordance to county information, a family members with a yearly income of $76,700 can find the money for a house at a highest cost of $252,000 whilst a household with an earnings of $61,200 can only afford a property that costs a most of $190,520.