New affordable housing plan in Manatee County

New affordable housing plan in Manatee County

SARASOTA, Fla. (WWSB) - In Manatee County, leaders are tackling the affordable housing problem. The county’s population is expected to surpass Sarasota County’s by the year 2035.

A new apartment complex called the Addison is around 95 percent complete and will open next month. The developers that own it, the Housing Trust Group, say it’s almost ready for low-income families.

The building has 90 apartment units that will be income-based. There will be units at the Addison for all different income brackets. This means that rent could run from 300 dollars a month, to 1,300 dollars a month, depending on the renter’s income.

Shirley Murray is a senior citizen who lives and works near the new complex. She told us that it’s hard to make a good wage to live in a nice home.

“I was the first one to apply for it,” Murray said. “With my income that I make here at the church and my little bit of social security by the time I pay rent that’s 785 or 800 dollars then I have nothing left for food or gas for transportation.”

Developer Matt Rieger says there’s a great need for affordable housing as the county continues to grow. “We just look at the demand,” Rieger said. “The demand for affordable housing is tremendous.”

So big the group plans to break ground on another apartment complex on State Road 70 in Manatee County this fall.

So far, the housing trust has received more than 50 applications for the 90 unit apartment complex.

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