Affordable housing disappearing quickly
Once a quaint fishing village Matlacha is undergoing a transformation much like the majority of SW Florida. Developers have discovered the beauty of the island communities of Pine Island and Matlacha which are located west of Cape Coral and north of Captiva Island.
The low income agricultural community on Pine Island is in danger of losing their homes as they are priced of the island. With some of the best Tarpon fishing in the world just beyond its shores, it is only a matter of time for the explosion of prices on Pine Island.
A non-profit organization called Island Housing Solutions has been founded to coordinate and implement affordable housing options for low and moderate income Pine Island residents.
Groups are preparing for a housing crunch [News-Press]