- According to Zillow, the average value of a home in Charlotte is more than 212-thousand dollars.
- The push for affordable housing in Eaton County which has been affecting the community for over a year.
- Watch the video above for Housing Services Mid-Michigan solution for affordable housing
(The following is a transcription of the full broadcast story)
We are continuing to cover the push for affordable housing in Eaton County which has been affecting the community for over a year.
“Another reason, having a shortage of houses we lack multi-generation,” Charlotte resident Robert Phillips said.
Robert Phillips has lived in Charlotte for several decades and in recent years, he’s seen the housing market skyrocket. Making the dream of owning a home harder to realize.
“It was recommended you do not spend more than 25% of your income on housing a number of years ago. It moved up to 33% and now people are spending 50%,”
According to Zillow, the average value of a home in Charlotte is more than 212-thousand dollars. That’s an increase of 4.8 percent over the past year. It’s a problem Housing Services Mid-Michigan is looking to solve with it’s “mainstream voucher program.