The median price of houses sold by Realtors jumped to $364,900. And the number of houses sold rose to 1,871, up 8.7 percent from May 2018, Realtors said Friday.
In late 2018, Miami commissioners for the first time passed a ordinance that requires developers in a small 30-block area north of downtown to set aside a percentage of units for residents with low incomes, a measure that was seen by advocates as a small but crucial step toward addressing Miami’s housing affordability crisis.
For the eleventh year in a row, state lawmakers plan to swipe millions from a state fund that’s supposed to go to solve Florida’s affordable housing crisis and instead will use it for other things.
It is time to spend Housing Trust Fund dollars on housing…
Most people are shocked when I tell them that the Florida Legislature routinely sweeps funds from the Affordable Housing Trust Funds into general revenue. They ask how can they take funds collected for affordable housing and not use them for that purpose.