In 2005, the Economic Council of Palm Beach County formed a work group to begin studying the issue to determine the future impact the lack of affordable housing would have on the economy and the long-term viability of our community.
A technical advisory committee was formed and over the course of the next year, a study was commissioned by the Metropolitan Center at Florida International University. By this point in time the affordable housing issue was reaching crisis proportions but when The Workforce Housing Needs Assessment was released in July of 2006, the depth and severity of the problem came as a shock to even those who had been tracking the issue for a number of years.
As a result of this study and extensive strategic planning efforts, the Economic Council’s Affordable Housing Taskforce developed goals and objectives to begin addressing this issue, which included the formation of committees including:
- Education, Communications and Institution Building
- Public Policy/Land Acquisition
- Employer Assisted Housing
The transition from a volunteer initiative to an organization dedicated to workforce/affordable housing was completed in the first quarter of 2007 with the hiring of the President & CEO, the selection of a full board made up of community and business leaders and the granting of the 501(c)(3) status by the IRS. Since 2007 The Housing Leadership Council has been working on important collaborative efforts that will make sure we address the current issues of stabilizing neighborhoods and a future goal of making sure we have an adequate supply of workforce housing in our community once the housing market has recovered.