By: Kimberly Miller | Palm Beach Post
Young adults and low-wage workers aren’t the only ones suffering from soaring rents as middle-age and middle-income Floridians also face downsizing homes and lifestyles that they spent, in some cases, decades attaining. READ ARTICLE
Photo by Thomas Cordy | Palm Beach Post
This battle comes as the state’s real estate market continues to price out homeowners and renters alike.
A deal struck last year between the legislature and the state’s main affordable housing arm appears to be in jeopardy as the House and Senate prepare to reconcile their rival spending plans.
For decades the Florida legislature has swept money out of a trust fund designated for affordable housing. Those sweeps amount to… READ ARTICLE
By Mike Vogel | Florida Trend | 9/25/2020
… Affordable housing means different things — market rate vs. subsidized, for example — to different people. At a housing forum in February, Suzanne Cabrera, CEO of the Housing Leadership Council of Palm Beach County, remarked that a manufacturer paying starting engineers $85,000 a year had trouble recruiting local workers because housing costs are so high. “If you cannot recruit a rocket scientist in your county, you got a huge problem,” she said.
That said, affordable housing generally means houses or apartments for low-income workers — housekeepers, retail clerks, health aides and others. Orange County defines the affordable market as households making from 30% of area median income — or $26,000 — up to 120% of area median income ($83,000). Read Full Article
By: HUD Public Affairs
HUD No. 20-087
The newly completed ‘Home at Tamarind’ is made up of 6 units for developmentally delayed adults who are either homeless or on the verge of becoming homeless.
WEST PALM BEACH, FL – Today, Secretary Carson traveled to West Palm Beach, Florida to meet with City Mayor Keith James, local officials, and to tour new construction and rehabilitation of the Dr. Alice Moore Apartments, Coleman Park Neighborhood, and the West Palm Beach Housing Authority Projects.
Following the tour, Secretary Carson participated in a ribbon cutting at the ‘Home at Tamarind’ housing development.
By Tom Butler
Florida Realtors
TALLAHASSEE, Fla. – Governor Ron DeSantis signed House Bill 1339 into law this week, creating new tools for local governments to use as they work to ease Florida’s affordable housing crisis.
The new law, which was a 2020 Florida Realtors legislative priority, contains a number of provisions designed to increase local flexibility, accountability and training for affordable housing projects.