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Bridging The Gap
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Bridging The Gap

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  • Transcript

    • 1. Southwest Florida Regional Housing Needs Assessment and Strategic Document BRIDGING THE GAP
    • 2. Presentation Outline
      • What is the Community Housing Subcommittee?
      • Goals of the Community Housing Subcommittee
      • How did we get here?
      • Solutions at the community level
    • 3. What Is The Community Housing Subcommittee?
      • A collaboration of Regional and Local government along with interested resource parties created In February of 2005
      • Serves the community and region by helping people access affordable housing resources
      • A catalyst for the development of affordable housing programs and opportunities for very low, low, and moderate income families of Southwest Florida
    • 4. Goals of the Community Housing Subcommittee
      • Draft legislation that requires affordable housing be classified as infrastructure in the Growth Management Plans and meets measurable outcomes;
      • Provide resource persons for outreach to local government;
      • Host regional meetings to assess and discuss affordable housing in the region;
      • Catalogue success stories and share ideas on how to address the affordable housing need;
    • 5. Goals of the Community Housing Subcommittee
      • Promote new methodologies that measure the regional supply and demand for affordable housing, particularly related to DRI;
      • Serve as a repository of information on affordable housing; and
      • Collaborate with local housing staff, elected officials and the Legislature to formulate new housing polices and recommendations.
    • 6. What is Affordable Housing?
      • A variety of housing options for very low, low, and moderate income families
      • Typically a housing unit is considered affordable if it costs no more than 30% of the family’s monthly income
      • Examples include….
    • 7. Rental Apartments
    • 8. Condominiums
    • 9. Single Family Homes
    • 10. How Did We Get Here? The Evolution of the Housing Shortage
    • 11. Affordability Gap Developed
        • Housing cost increase dramatically
        • Wages remain fairly constant
    • 12. The Cost of Housing
      • Sharp increases during 2004 in home prices and lack of growth in household incomes, making houses less affordable
      • Despite the continuous increase of permit activity in the past several years, affordably priced housing continues to decline
    • 13. The Cost of Housing
      • High construction and land costs
      • Increasingly complicated and expensive regulatory environment
      • Impact Fees
      • Rising cost of services and infrastructure
    • 14. What Does Affordable Mean
      • Sarasota (MSA) Median Family Income-$55,900
        • Affordable Home Price-$198,999
        • Median Home Price-$347,400
      • Collier (MSA) Median Family Income
        • Affordable-$225,343
        • Median Home Price- $500,800
    • 15. The Cost of Housing
      • Average home prices in the region reach new highs in 2005
        • Naples MSA - $491,400
        • Fort Myers – Cape Coral - $281,000
        • Punta Gorda - $216,500
        • Sarasota - $336,800
      Between 2004 and 2005, average home prices increased by approximately 32 percent across the Region
    • 16. Who is affected by the housing shortage?
    • 17. Why is Workforce Housing Needed?
    • 18. Housing’s Connection to the Economy Attracts/Retains Businesses Attracts/Retains Workers A Strong & Diverse Housing Infrastructure Increases Spending in Community
    • 19. Housing’s Connection to Quality of Life
      • A good jobs-housing balance is an important strategy for…
        • decreasing commuting time and highway impacts
        • reducing pollution
        • increasing citizens’ connection to their community
      • Diverse neighborhoods make for healthy communities
    • 20. Achieving an increase in affordable housing requires:
      • Increased educational outreach
      • Community acceptance
      • Partnerships with financial institutions, non-profits, builders and government
      • Promotion of “best practices”
        • Smart Growth development practices
        • Legislative
        • Regulatory
    • 21. Does the Comprehensive Plan … Specifically refer to affordable, workforce housing as a priority? Laying the groundwork for regulatory strategies
    • 22. Zoning and land use regulations influence:
      • Patterns of development
        • Lot Sizes
        • Density
        • Street right of way and
        • Pavement width reductions
        • Parking space allotment
      • Type and size of housing product
        • Setbacks and Footprint restrictions
      • Mixture of uses allowed
        • Conventional Zoning Districts
        • PUD’s
        • Accessory Apartments
    • 23. Zoning and land use regulations influence:
      • Developer costs
        • Permit Fees
        • Impact Fees
      • Permit by Right
        • Administrative Approvals Vs. Public Hearing
        • Take the Politics out of it!
    • 24. Other ways for municipalities to increase affordable housing opportunities
      • Resale restrictions
      • Inclusionary zoning
      • Streamline permitting/review process
      • Encourage non-profit housing developers
      • Donate municipally-owned land
      • Create a Housing Trust Fund
    • 25. Innovative Solutions in Other States
      • Regional Infrastructure Fees
      • Linkage Fees
      • Inclusionary Housing
      • Historic Preservation Tax Credit
      • Redevelopment Programs
      • Density Bonus
      • Urban Growth Boundaries
    • 26. Innovative Solutions in Other States
      • Market-Based Responses:
        • Housing Trust Funds
        • Employer Housing Partnership
      • Property-Based Responses:
        • Resale Restrictions
        • Equity Sharing for longer term tenants
    • 27. What’s the Downside?
      • Decline in the Quality of Life
      • Out Migration
        • Residents
        • Companies/Employers
      • Loss of diversity
      • Loss of job growth
      • Increase in homelessness and social service needs
      • Impacts Road Capacities
    • 28. Questions? … and thank you!