In the News

Why Every City Needs Workforce Housing

Source: National Real Estate Investor

Workforce housing is a topic that is receiving much greater attention today among officials at all levels of government and the real estate community, as well as those concerned with housing policy and affordability. It is a complex problem as it is both a housing supply problem as well as an affordability problem due to the fact that incomes of moderate and middle income households have essentially been stagnant for the last 20 years or so. Workforce housing generally serves families and households making greater than 60 percent of area median income (AMI) and up to 120-150 percent of AMI in the country’s highest cost metropolitan areas such as San Francisco and New York City. While there are subsidies available for households earning less than 60 percent of AMI (although the demand for subsidy far exceeds availability), there are few, if any, subsidies available for those earning above that level. Therefore, the combination of stagnant wages and rents that have increased significantly has created acute housing affordability issues for many people. More...


 

Rapid Re-Housing for Homeless Families Demonstration Program Evaluation Reports

Source: The U.S. Department of Housing and Urban Development (HUD)

Rapid re-housing is an intervention to address homelessness that includes three core components: 1) housing identification, 2) move-in and short-term rental assistance, and 3) rapid re-housing case management and services. In 2009, HUD awarded grants to 23 communities to implement the Rapid Re-housing for Homeless Families Demonstration (RRHD) program. Researchers carried out a Congressionally-mandated evaluation of the demonstration program between 2011-2014. The basic research question underpinning the evaluation was whether rapid re-housing was an effective intervention for families with moderate barriers to housing stability, with effectiveness defined primarily as whether families avoid homelessness and maintain stable housing during the 12 months following program exit.   More...


 

South Florida Cities Among Worst for Affordable Housing, Study Finds

Source: Sun Sentinel

Residents in six South Florida cities face some of the toughest housing burdens in the country, a new report shows. Miami ranks fourth nationwide on a list of the most cost-burdened communities, with 19.34 percent of residents spending at least half of their monthly incomes on rent or mortgage payments, according to SmartAsset.com, a personal finance website. Pembroke Pines was sixth with 18.84 percent of residents spending half or more of their wages on housing. Fort Lauderdale (10th at 17.91 percent), Hialeah (11th, 17.79 percent), Hollywood (14th, 16.89 percent) and Pompano Beach (41st, 13.54 percent) were the other local cities on the list. More...


 

County Receives Grant of More than $6.8 Million to Assist Homeless

Source: Broward County Press Release

In support of goals and objectives in the County's "A Way Home" Plan to End Homelessness, the Broward County Homeless Initiative Partnership (HIP) has been awarded a grant of more than $6.8 million by the U.S. Department of Housing and Urban Development (HUD) through the 2015 HUD Homeless Continuum of Care (CoC) Program Competition. The award funds 17 renewal projects and a new Continuum of Care (CoC) planning grant. This brings the County's 2015 HUD CoC grant awards total to $8.5 million which is distributed through the CoC and directly managed by the County and community providers. More...


 

 

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