County Commission Affordable Housing Workshops
The Broward County Board of County Commissioners (BOCC) has scheduled the following workshops related to affordable housing issues:
OCTOBER 22: Affordable Housing Land Use Policies, 12:30 PM, Room 430, Government Center, 115 S. Andrews Ave., Fort Lauderdale
Affordable Housing Workshop, November 7
Broward Housing Council will be holding a free half-day workshop in place of their normally scheduled bi-monthly meeting. Please RSVP by October 25 to HousingCouncil@broward.org. More info...
'One of the least affordable places to live.' Broward grapples with housing crisis
Miami Herald, by Rob Wile
South Florida's affordability problem has been building for years. Today, the region ranks as the least affordable metro in the country, thanks to skyrocketing rents and bargain-basement wages. More...
Out of Reach 2019 Highlights Affordable Housing Crisis in Florida
The National Low Income Housing Coalition (NLIHC) “is dedicated solely to achieving socially just public policy that assures people with the lowest incomes in the United States have affordable and decent homes.” They provide current information, formulate policy, and educate the public on housing needs and strategies for solutions. The NLIHC recently released its annual report, Out of Reach 2019, which marks the 30th anniversary of the publication. Some key findings include:
- In Broward County, workers earning minimum wage must work 80 hours or more to afford a one-bedroom rental home (fair market rent).
- In Florida, a full-time worker must earn an hourly wage of at least $22.86 to afford the fair market rent for a 2-bedroom rental home, without paying more than 30% of income. This equates to annual earnings of $47,542.
- The most expensive areas in Florida include the Fort Lauderdale, FL HUD metro FMR Area with a housing wage of $27.77 (for a 2-bedroom rental home).
Affordable Housing Needs Assessment Update
As part of its adopted Work Program, the Broward Housing Council sponsors and supports assessments of local and regional affordable housing needs and programs to identify needs, costs and trends and to develop potential pilot programs. In September 2018, the Broward County contracted with The Metro Center at Florida International University to update the Broward County Affordable Housing Needs Assessment (2014). The Broward Housing Council recommended forwarding the updated Needs Assessment to the Board of County Commissioners, who accepted it at their May 7, 2019 meeting. The report’s Key Findings indicate that 58% of renters are cost burdened and 87% of households cannot afford the median sales price of $350,000. Read the full report here.
BrowardNEXT 2.0 Adopted by County Commission
On March 28, 2019, the Board of County Commissioners adopted BrowardNEXT 2.0, the County’s updated Land Use and Comprehensive Plan. The County worked with community members and municipalities to ensure the plans reflect current and anticipated growth and priorities. These priorities address a wide range of issues including transportation, affordable housing, climate change and economic development. The new plan became effective May 11, 2019.
2019 Rental Market Study Released
The Florida Housing Finance Corporation (FHFC) recently released the 2019 Rental Market Study, an annual study prepared by the Shimberg Center for Housing Studies (University of Florida). A review of statewide trends shows that Broward and Miami-Dade Counties have highest number of low income, cost burdened households in the state (households earning up to 60% AMI and paying 40% or more of income on monthly rent). Between 2000-2017, Florida’s rental housing stock increased by 674,000 units; however, it lost about 44,000 units renting for $1,000 or less. The full report is available on the FHFC website.
Landlord Recruitment Initiative Underway
The Broward Housing Council’s Work Program addresses homelessness by supporting the Broward County Homeless Continuum of Care’s (CoC) programs and initiatives. The Homeless Initiative Partnership, who implements the CoC Board’s responsibilities, has announced the implementation of a new Landlord Recruitment Initiative. The program’s goal is to match Broward County landlords who have homes to rent, with individuals and families who are experiencing homelessness. Rent is guaranteed by local government, state and federally funded programs. More...The Broward Housing Council’s Work Program addresses homelessness by supporting the Broward County Homeless Continuum of Care’s (CoC) programs and initiatives. The Homeless Initiative Partnership, who implements the CoC Board’s responsibilities, has announced the implementation of a new Landlord Recruitment Initiative. The program’s goal is to match Broward County landlords who have homes to rent, with individuals and families who are experiencing homelessness. Rent is guaranteed by local government, state and federally funded programs. More...
Affordable Housing Toolkit for Counties Now Available
Although housing affordability is a shared priority nationwide, the available options to promote housing affordability vary between counties due to differences in jurisdiction and authority under state constitutions and statutes. On March 1, the National Association of Counties (NACo) released its Affordable Housing Toolkit for Counties which addresses housing affordability at the county level, including issues such as funding sources, zoning/land use, partnerships and advocacy. The toolkit is the culmination of a series of reports on housing affordability developed over the past year, and ties together resources, key takeaways and county examples from NACo's four previous reports. More…