News Story (Georgia)
Gainesville Times (GA)
November 19, 2017
READ THE FULL STORY HERE
Tags: Housing: Affordability
Organizations mentioned/involved: Georgia Legal Services Program (GLSP)
Hundreds of lower-income families in Gainesville are facing significant rent increases as apartment complexes exit a state tax credit program that kept costs below market rates.
“This is potentially a huge loss of affordable housing for the area,” said Chad McCranie, a staff attorney with the Housing Preservation Project of the Georgia Legal Services Program who works extensively in Gainesville.
More than 50 percent of all renters in Gainesville are considered “cost-burdened,” according to census figures, meaning they spend more than 30 percent of their income on housing.