Bank of America - Changing The Odds!

 

Palm Beach County is in the midst of a housing crisis and the ones shouldering most of the burden are low-income residents.

For every 100 extremely low income renter households, there are just 30 affordable and available units and a minimum-wage worker in Florida would have to work 117 hours per week to afford a two bedroom unit at Fair Market  Rent.

Another sector severely affected by the crisis are those with special needs.

Most people with disabilities strongly prefer to live in independent, affordable housing  as it improve psychosocial functioning, reduces the stigma of being disabled and has been shown to be cost-effective.

Housing Partners (part of Community Partners) has been working with low-income and special needs clients to secure affordable, safe housing and since 2005 (when data tracking began), has seen tremendous success.

92% of participants have maintained stable housing, 96% of participants have remained out of institutional settings such as hospitals, residential treatment centers and correctional facilities and 97% of participants reporting that their living conditions had improved.

Yesterday, Stephanie Glavin and Nikki Morley from Bank of America presented a check to Housing Partnership for $10,000.

These funds will enable us to provide services for up to 100 clients.

We believe in the need to collaborate with partners to advocate and create new resources to tackle the affordable housing crisis in Palm Beach County and we are grateful for Bank of America’s generosity and commitment to Changing The Odds for Palm Beach County’s children and families facing adversity.