Homelessness is, at its core, a housing issue. When safe, stable and affordable housing is out of reach, individuals and families are more likely to experience housing instability. The most effective way to prevent and reduce homelessness is to expand access to a range of housing options that meet people where they are. Through data coordination and strong partnerships, Prosper Waco works to better understand local needs and align community efforts around solutions. Prosper Waco manages the...

Expanding affordable housing options to support stability and reduce homelessness Recently, community partners gathered to celebrate the opening of Melody Grove, a new housing development in Waco designed to expand access to stable, affordable housing. The open house provided an opportunity for local leaders, partners and community members to tour the homes, connect with those involved in the project and see firsthand how this development will serve individuals and families in our community....

The 2024 Waco Snapshot Report provides a clear look at housing trends in our community, highlighting both growth and the challenges that come with it. As Waco continues to grow, access to affordable housing remains a critical factor in long-term stability and economic mobility. Housing in Waco has become significantly less affordable in recent years. In 2015, the median home price was about 4.1 times the median household income. By 2022, that number had risen to 5.2, showing that housing...