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Interest rates reached 7% during the first quarter of 2023, meaning borrowers are facing costs that haven’t been seen since the Great Recession.
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Floridians are bracing for additional rate hikes as they are already paying higher monthly payments than homeowners in other states.
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Residents who spend more than 30 percent of their paycheck on rent are shown to experience higher rates of anxiety and depression, according to a study published by the National Library of Medicine.
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Around 1,400 parishioners representing 24 churches and one mosque in the greater Tampa Bay region gathered on Monday evening to call attention to actionable issues in the community, including criminal justice reform, climate issues and housing solutions.
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The Corporation to Develop Communities of Tampa was recently awarded a $1.8 million grant from the U.S. Department of Labor. The money will help grow the pool of skilled laborers.
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In Tampa and St. Petersburg, evictions are continually concentrated in the urban core, according to data analyzed between 2000 and 2016.
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The cost of meat, eggs and cereal are among the biggest drivers of rising grocery prices in recent months, according to the Consumer Price Index.
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The annual Point-In-Time count, which is required by the U.S. Department of Housing and Urban Development, provides a snapshot of homelessness in the community.
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More than a third of Floridians earning $50,000 to $100,000 reported experiencing food insecurity over the past year, according to a survey published by No Kid Hungry.
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More than half of non-residents who commute to jobs in the Tampa-St. Petersburg-Clearwater metro area earn less than $3,333 a month, according to U.S. Census Bureau data.
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The quarter-one report is the first update since council members approved the housing budget for fiscal year 2023.
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Last week, the U.S. Treasury announced the reallocation of $690 million in unused rental assistance funds to communities in the greatest need.