The economic impact of housing affordability can start a ripple effect for an entire community.
When families spend less on housing, they have more to spend on goods and services. These transactions fuel community-wide economic growth by bolstering local businesses and our local workforce. They also contribute to the local tax base, which gets invested back into the community through government programs and infrastructure improvements—resources that benefit everyone.
Access to affordable housing in Orangeburg County leaves little opportunity for our residents to thrive. No one should have to choose between paying rent or putting food on the table. When living expenses are 30% or more of your monthly income, it isn't easy to find stability.
When families spend less on housing, they have more to spend on goods and services. These transactions fuel community-wide economic growth by bolstering local businesses and our local workforce. They also contribute to the local tax base, which gets invested back into the community through government programs and infrastructure improvements—resources that benefit everyone.
Access to affordable housing in Orangeburg County leaves little opportunity for our residents to thrive. No one should have to choose between paying rent or putting food on the table. When living expenses are 30% or more of your monthly income, it isn't easy to find stability.
EDISTO HABITAT'S IMPACT ON THE LOCAL ECONOMY
An economic impact analysis for Fiscal Year 2020 (July 1, 2019 - June 30, 2020) conducted by Habitat for Humanity South Carolina reported the following economic outcomes for Edisto Habitat for Humanity's work.
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