Housing

Link to theadvocate.com Nearly 400 single family rentals are planned for Lafayette. It may hardly move the needle on the demand 

In Lafayette, single family homes available for rent are nearly nonexistent. Among the 530 properties managed by Keaty Real Estate, at one point in mid-May only 16 were available, property manager Amy Green said. Several landlords over the past two years got out of the rental business and sold their properties, shrinking the supply of properties.

Source: theadvocate.com

Link to theadvertiser.com Lafayette City Council to vote on $1M for new homeless shelter

Housing advocates have pushed for new shelter space since the pandemic. Lafayette lacks shelter beds and affordable housing.

Lafayette’s City Council may spend $1 million to help build a new shelter for people experiencing homelessness this month as the area’s unhoused population continues to grow. The Acadiana Regional Coalition on Homelessness and Housing is set to receive $1 million in federal stimulus money from the city if the City Council approves Councilman Glenn Lazard’s bid to do so at its next meeting on July 19.

Source: The Daily Advertiser