{"id":153324,"date":"2026-02-12T18:52:23","date_gmt":"2026-02-12T18:52:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/153324\/"},"modified":"2026-02-12T18:52:23","modified_gmt":"2026-02-12T18:52:23","slug":"number-of-the-week-affording-housing-in-jacksonville","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/153324\/","title":{"rendered":"NUMBER OF THE WEEK | Affording housing in Jacksonville"},"content":{"rendered":"

According to the Pew Research Center<\/a>, almost 70% of Americans are \u201cvery concerned\u201d about the cost of housing. In Jacksonville, more than 4,000 affordable housing units are in the process of being built \u2014 in addition to the more than 3,500 that have been finished since Donna Deegan took office in 2023. That\u2019s our Number of the Week: 3,576 below-market-rate housing units geared toward residents who make below the median area income. <\/p>\n

3,576<\/p>\n

Most of the recent efforts have focused on areas close to Jacksonville\u2019s urban core. They include 247 units at the RISE Doro, freshly rebuilt after the building\u2019s 2024 fire<\/a>; a 228-unit endeavor in the historic Union Terminal Warehouse building<\/a> on the Eastside; and 90 units that opened recently<\/a> at the Village at Cedar Hills. (That developer also just pulled permits for a project that will raze the now-closed Lake Forest Elementary School<\/a> and build a 120-unit affordable housing complex that sets aside 40 units for Duval Schools employees \u2014\u00a0because the district still owns the land.)<\/p>\n

Here\u2019s the spread of where the new affordable housing units are being built:<\/p>\n

\"chart<\/p>\n

When it comes to affordable housing, the definition of \u201caffordable\u201d can be a sticking point<\/a> for some \u2014 because it means different things to different people. According to the U.S. Census Bureau<\/a>, in the Jacksonville Metro Area, most renters \u2014 60% \u2014 pay between $1,000 and $2,000 a month. And despite a median area income of about $82,000, a similar percentage of First Coast renters (about 58%) spend 30% or more of their monthly income on rent \u2014\u00a0something analysts consider \u201ccost-burdened.\u201d Nationally, about half of renting households meet that threshold<\/a>.<\/p>\n

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