City funding proposed for affordable housing

An old story via Bill Rinehart at WVXU in Cincinnati:

“”In this city, 50 percent of renters pay 30 percent or more of their incomes to maintain their apartments,” Mann says. “That is very challenging. And that’s why I’m so excited that we are making this effort.”

Mary Burke Rivers of Over-the-Rhine Community Housing says the lack of affordable housing seems to be simple on the surface.

“People who are working in our city, people who are retired, veterans, can’t afford to pay what the market provides in housing,” she says. “It’s simple math. And somehow it’s gotten very complicated. So what this money does is it helps to address that simple math.””

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