New Affordable Housing Program in Port St Lucie
Channel: CBS 12 News - WPEC
Date: 20/04/2024

The population boom in Port St. Lucie is causing housing prices to skyrocket. Many developments are pricing out in the mid-six figures, and all the new homes under construction are expected to have similar price tags.

The city is now working on a pilot program to address that, giving families access to affordable housing.

Using the roughly $400,000 left over from the American Rescue Plan, the city is doubling their down payment assistance from about $50,000 to $100,000 for new homebuyers, looking to join the city's community land trust program.



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