In today's highly competitive housing market, millions of Americans are priced out of buying a home, often competing with all-cash offers well above asking prices. Rents are skyrocketing, too, causing overall housing affordability to collapse at its fastest rate on record. Millennials have come to the market. They see boomers hanging on to inventory longer. And so you have a generation of people that are locked out of affordable housing and have no choice but to pay rent and pay ever more rent. Lakeshore Public Radio's Dee Dotson and Tom Maloney spoke to Andrew Andrew Bradley, Policy Director at Prosperity Indiana as well as Toyia Moore an executive director at Northwest Indiana Reinvestment Alliance (NWIRA) and the head of the Lake County Housing Task Force about rental assistance programs that can help renters as well as landlords.
Prosperity Indiana is a statewide membership organization for the individuals and organizations strengthening Hoosier communities. Since its founding in 1986, Prosperity Indiana has grown to more than 200 members from the public, private, and nonprofit sectors.
Northwest Indiana Reinvestment Alliance (NWIRA) provides housing education, counseling, and various programming to meet the needs of our communities.