Daytona Beach affordable housing expansion being discussed, studied.
DAYTONA BEACH — About 45% of local households spend more than 30% of their income on housing. Close to 22% of those households are especially overburdened with housing costs, spending more than 51% of their salaries to stay in the places they call home. Daytona Beach renters are impacted most heavily, with 61% of them pouring more than a third of their earnings into keeping a roof over their heads. With the area's median income at $64,900 for a family of four, that 30%-plus for housing cuts deeply into low-wage salaries that also have to cover everything from food to insurance to transp...
Source: news-journalonline.com