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Publications

​​​​​​​​Broward Housing Council Newsletter

Welcome to the Broward Housing Council’s Quarterly Newsletter.  We hope you will enjoy the updated design and find the featured news stories and reports to be useful.  A great deal of activity is occu​rring in the area of affordable housing at both the State and local levels, and the Broward Housing Council will continue sharing timely news items in future newsletters.​​​

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Broward Housing Affordable Housing Needs Assessment


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Publications From Other Agencies

Brookings Institution

Homeownership, racial segregation, and policy solutions to racial wealth equity

Brookings Institution, September 1, 2021, by Rashawn Ray, Andre M. Perry, David Harshbarger, Samantha Elizondo, and Alexandra Gibbons

Homeownership is often viewed as the entree to the American dream and the gateway to intergenerational wealth. However, this pathway is often less achievable for Black Americans who post a homeownership rate of 46.4% compared to 75.8% of white families. Compounding matters, homes in predominately Black neighborhoods across the country are valued at $48,000 less than predominately white neighborhoods for a cumulative loss in equity of approximately $156 billion. These are significant contributing factors to the racial wealth gap.

In 2016, white families posted the highest median family wealth at $171,000. Black families, in contrast, had a median family wealth of $17,600. Because wealth (as measured by the total amount of assets a person owns minus debts) is a critical predictor of education, health, employment, and other quality of life metrics, a strategy to maximize homeownership and home value is needed.

Lower Black homeownership and the racial wealth gap are byproducts of systemic racism, including the legacies of slavery, Jim Crow segregation, redlining, and other anti-Black policies that targeted Black people and predominately Black neighborhoods. Residential segregation facilitates the extraction of wealth and other vital resources that fuel economic and social mobility. The loss of wealth in Black communities hastens a downward socioeconomic spiral. For instance, schools predominated by Black, Latinx, and Asian students receive $23 billion less in funding than predominately white districts. This is because schools primarily rely on local property taxes rather than a broader pool of funding to equalize school resources.

Furthermore, education as a solution to closing the wealth gap is inherently flawed. White college graduates have seven times more wealth than Black college graduates. This racial wealth gap reveals how little a strategy singularly focused on increasing college degree attainment will have on reducing the racial wealth gap.

Additionally, subpar neighborhood resources lead to fewer banking options, more payday lenders, and less opportunity for financial literacy. Because most people start their businesses using the equity in their homes, Black business development is throttled by Black families’ lack of homeownership and lack of wealth overall.

Full report includes methodology, findings, figures for key cities across the United States, policy recommendations, and acknowledgements.​


US Census

HUD Releases National Housing Data

The US Department of Housing and Urban Development (HUD) released its Annual Characteristics of New Housing (2020) data on June 1, 2021.  The data provides national, annual data on the characteristics of new privately-owned residential structures, such as square footage, number of bedrooms and bathrooms, type of wall material, and sales prices. Many characteristics are available at the regional level. The data source is the Survey of Construction (SOC), which is partially funded by the Department of Housing and Urban Development (HUD). It also includes a Single Family Interactive House Infographic showing detailed characteristics such as square footage and sales price.


Among the key findings included in the Highlights of Annual 2020 Characteristics of New Housing​ are: 

  • Median size of a completed single family house was 2,261 square feet.
  • Median size of multifamily units built for rent was 1,075 square feet; median of those built for sale was 1,306 square feet.
  • Median sales price of new single-family homes sold in 2020 was $336,900; the average sales price was $391,900. 
  • Total of 123,000 contractor-built single-family homes were started in 2020.  Median contract price was $298,500.

Florida Housing

2019 Annual Report

​Joint Center for Housing Studies

The State of the Nation's Housing 2021​

America's Rental Housing 2020

National Law Center on Homelessness & Poverty

Housing Not Handcuffs 2019

National Low Income Housing Coalition

Out of Reach 2021​: How much do you need to earn to afford a modest apartment in your state?  Interactive map | Full report​

Urban Land Institute

Housing Attainability Index: Southeast Florida District Council Dashboard

ULI Terwilliger Center Home Attainability Index

Reducing Regulatory Barriers to Affordable Housing in Broward County


NEWS AND UPDATES