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Changes could be coming to incentivize more affordable homes in Palm Beach County
On Thursday, Palm Beach County commissioners will vote on more changes to a mandatory workforce housing program that aim to promote the construction of for-sale units. Workforce housing is set aside for qualifying residents who make between $45,240 and $105,560 per year, or between 60 percent and 140 percent of the area median income. Click…
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Home prices reach post-crash high, reverse months of tepid growth
By Jeff Ostrowski Posted Jun 21, 2019 at 9:43 AM Updated Jun 21, 2019 at 4:26 PM 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 Click Here to Read More…
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A decade in the making, residents starting to buy from affordable housing stock
By Hannah Morse Posted May 31, 2019 at 2:07 PM Updated May 31, 2019 at 2:07 PM WEST PALM BEACH — A county program began in 2006 with the goal of providing workforce housing units in new residential developments, but only recently have qualified residents been able to purchase these units. Click Here to Read More…
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Florida House passes bill that could stop cities from requiring affordable housing
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. Read…
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The state collects a tax to fund affordable housing. Once again, the Legislature is swiping millions to spend on other things
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. Click Here to Read More
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Point of View: Sadowski dollars for affordable housing re-allocated to general revenue
Posted Apr 20, 2019 at 7:01 AM 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…
