Many workers who are vital to the community compete for a limited number of affordable units. According to the Thomas Jefferson Planning District Commission Housing Analysis, entry-level firefighters and police officers could only afford 129 of the single-family homes and 42 of the condominiums sold in the Planning District between 2004 and 2005.

The Charlottesville Areas Association of REALTORS (CAAR) created a Work Force Housing Fund to assist those people who serve essential community functions to purchase homes near to where they work. The Fund is based at the Charlottesville Albemarle Community Foundation and administered by the Piedmont Housing Alliance.

This entry was posted on Friday, March 13th, 2009 at 4:34 pm and is filed under Community Development, Community Foundations, Economic Security. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.