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Housing leaders say Hall County lacks sustainable supply of affordable housing
More than half of residents pay more than 30 percent of income on housing
0124housing
More than half of Hall County residents pay more than 30 percent of their income on housing, meaning they are cost-burdened, according to federal guidelines.
In real estate, “location, location, location” is the old adage that wins the day. When it comes to defining the niche of affordable housing, however, it’s all about cost and availability. “One of the things I’m studying is the evaporation of affordable housing in our area,” said Frank Norton, president and CEO of The Norton Agency real estate firm in Gainesville.