There are 56,000 extremely low-income renters in Central Florida and only 11,200 available and attainable units. What about the remaining 44,000 renters?
These families end up paying more than 50% of their income on rent, or they resort to living in situations that aren’t stable such as hotels, motels, or doubled up with other families. Also, the economic downturn from Covid-19 to the tourist economy will be felt for years to come, and small hotels and motels will struggle to survive.