The organization’s Home Matters report released Monday shows 2.4 million households are “burdened” trying to stay housed and paying bills.
The Florida Housing Coalition has called for collaboration among government, private, and nonprofit sectors to help solve the current “housing crisis.”
“We don’t have enough affordable housing in Florida,” read the organization’s 2024 Home Matters report, released Monday at the organization’s 37th Annual Statewide Affordable Housing Conference at the Rosen Center Hotel in Orlando.
The report found that at least 2.4 million families in Florida are cost burdened, meaning more than 30% of their income is spent on just rent and utilities. Of those families, 1.3 million are considered low-income households and were reported to be severely cost burdened — meaning they spend at least half of their income just to keep a home with power and running water.
That doesn’t account for transportation, groceries, and other basic living expenses.