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How to solve Florida’s large-scale affordable housing crisis
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…
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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…
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POINT OF VIEW: Keep housing trust fund money just for housing
Source: Palm Beach Post An important facet built into the trust funds is that they are tied directly to the market. That means that when the real estate market is booming and housing prices begin to rise, more funds are available throughout the state to ensure that the increasing workforce has affordable housing options. Not…
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Sadowski housing trust fund should be spent as law outlines
Source: Bradenton Herald The William E. Sadowski Affordable Housing Act is one of those altruistic government programs that serves multiple purposes. Primarily designed to as a dedicated funding source to create more affordable housing for vulnerable and needy Floridians, the 1992 act also provides jobs in the housing industry. Read more…
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Stop raiding the housing trust fund
Source: The Florida Times-Union There’s a smattering of good news on unemployment. Florida’s jobless rate fell to 10.3 percent in October, its lowest rate in 28 months. Job growth is continuing, though slowly, with 94,000 jobs being created in the state in the last year, according to the state Department of Economic Opportunity. Read more…
