Value: Offering sustainable, compatible, innovative housing options for all income-levels, including integrated, permanent supportive housing
In November 2018, voters approved an amendment to the County's charter asking them to establish the Broward County Affordable Housing Trust Fund. It was placed on the ballot in FY 2018 by the Charter Review Commission. The fund will create and sustain affordable housing for Broward County renters and homeowners and increase workforce housing opportunities.
County Commissioners are actively involved in the Florida Legislature's Affordable Housing Workgroup, which makes public policy recommendations to expand the availability of safe and affordable workforce housing for all Floridians.
The Broward Housing Council held several Affordable Housing Workshops to provide recommendations for An Inclusive Housing Plan. Solution ideas were generated for Affordable Housing in three key areas:
financing, buildable land, and pre-development obstacles.
Broward Next, an initiative to review the Broward County Land Use Plan to ensure it is reflective of Broward's current and anticipated growth and priorities, has made affordable housing one of the County Commission's top priorities.
Broward's Environmental Protection and Growth Management Department guides the physical development of the Broward Municipal Services District (unincorporated area) by planning what can be built where and ensuring that buildings and infrastructure are developed in a safe and environmentally sound fashion.
In FY 2017, the Broward County Commission approved an investment of $8 million toward partnership with local non-profit organizations to build 40 affordable homes in Central County in the Broward Municipal Services District. Thirty families moved into new homes in 2018.
Broward's Housing Finance and Community Redevelopment Division issued approximately 66 Mortgage Credit Certificates to first-time homebuyers by allowing 20 percent of the mortgage interest paid each year to be used as a tax credit totaling $3.390 million in mortgages.
Financing was completed for approximately $68.7 million in tax exempt bonds to two projects: Landings at Coconut Creek and Emerald Palms apartments in Dania Beach which created 586 rental units.
In the revitalized Fat Village in Fort Lauderdale, construction was completed on 100 multi-family units at Wisdom Village Crossings.