Affordable Housing Challenges Cited in South Carolina Military Communities
What happened
Leaders in South Carolina stated that affordable housing for service members and their families is becoming increasingly difficult as the population on and off bases grows. While the issue is prevalent across the state, it is noted as a particular problem in Sumter, which hosts Shaw Air Force Base. Veterans' Affairs Secretary Todd McCaffrey suggested that increased investment from private investors is needed to address the housing shortage.
Why it matters
The growth of both the military population and the state is causing competition for space, according to Todd McCaffrey. This situation requires a state response and calls for more investment in housing by investors.
Who's involved
- South CarolinaState where the housing issue is prevalent
- SumterCity where the affordable housing crisis is particularly severe
- Henry McMasterGovernor of South Carolina
- Sean BennettState senator in South Carolina
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SumterSpeculative
Sumter might face increased costs for housing supply due to the scarcity of affordable options.
- South CarolinaSpeculative
South Carolina could see changes in labor demand or costs if housing remains unaffordable for military families.
- Chamber of CommerceSpeculative
The Chamber of Commerce might experience increased operational costs for local businesses due to housing scarcity driving up labor costs.
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The entities involved
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South Carolina
state of the United States of America
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Sumter
city in and county seat of Sumter County, South Carolina, United States
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