EMPLOYERS ARE INVESTING IN THEIR WORKFORCE
Why Employer Housing Developments Are Needed
The workforce housing crisis is a growing concern that affects millions of working-class individuals across the United States. As market-rate apartment rentals continue to rise and the housing market remains challenging, many workers find themselves caught in a difficult position: earning too much to qualify for affordable housing programs but not enough to afford luxury apartments or purchase a home. This shrinking middle ground has created a significant gap in housing options, leaving many struggling to find a place to live near their workplace.
In Sarasota and Manatee counties of Florida alone, there is a shortage of affordable housing for the workforce by more than 46,000 units. A study by MSA stated approximately 40% of the households in Sarasota and Manatee counties are cost burdened, meaning the family is spending over 30% of their total annual salary on housing.
Benefits of One Stop’s Employer Housing Developments:
• Provides a proactive approach and a long-term solution to a housing shortage that is tailored to the local workforce.
• Improves employee retention and recruitment by providing housing set at or below 30% of employee annual wages.
• Delivers a complete turn-key solution that will be developed and managed by One Stop Housing, the leading provider of privately-owned workforce housing communities in the region.
One Stop Housing is dedicated to creating housing solutions that meet the unique needs of the working class. Since 2007, our mission has been rooted in the belief that clean, safe, and affordable housing empowers individuals and strengthens communities. We focus on providing functional rental spaces that combine thoughtful design, convenient locations, and exceptional property management.
We welcome the opportunity to discuss development opportunities with area employers and local organizations who have a need for workforce housing.
Click Photo to Watch Video: Future Suncoast workforce housing discussion with One Stop Housing