September 2024 Newsletter End of Year Campaign Article

In 2024 you can’t read an online article, turn on the evening news or pick up a newspaper without headlines screaming that housing is not affordable. This used to be the rally cry of affordable housing advocates everywhere. But as inflation, interest rates and lack of housing inventory begin to impact middle America, housing affordability is having a moment in our collective consciousness.

In 2024 Maryland families need to earn $36.70 per hour to afford a two bedroom apartment. If they earn minimum wage, they must work 98 hours per week to afford that same two bedroom. In Frederick County Maryland, families must earn between $28.46-$48.08 per hour to affording housing in their zip code.

It is this kind of data that drives the mission of Interfaith Housing Alliance (IHA). We seek to strengthen communities by providing affordable housing opportunities for seniors, working families and individuals. IHA currently has 528 new affordable homes in construction and will be available in the fall of 2024 and in 2025. It is our joy to serve others with this much needed housing.

We invite you to join us in this work by giving during our year end campaign which kicks off on November 1st. Each dollar donated is being matched by $2, thanks to our sponsors. IHA has raised $60,000 in matching sponsorship funds and our goal is to raise $30,000 more in donations. Please consider supporting this important work.

If you would like to learn more about this work or discuss a donation, please reach out to our President, Jodie Ostoich at jostoich@interfaithhousing.org.

Please click on the images below to expand and learn more about these housing statistics.