Report finds Florida’s affordable housing program helped 9,000 households

(The Center Square) – A report by the Florida Legislature’s research arm found that an affordable housing grant program aided more than 9,000 families in obtaining a house from 2018 to 2020.

According to the report by the Office of Program Policy Analysis and Government Accountability, the program also spent $37.5 million from 2018 to 2020 and assisted 4,487 rental units, which the report says has the effect of “enhancing stability and quality for very low, low and moderate income families.”

The report recommends that one important aim of affordable housing grants and regulation is to set aside units for a targeted population such as teachers, law enforcement or the homeless.

The State Housing Initiatives Partnership provides local governments with funds to encourage them to create partnerships designed to both build and preserve affordable housing for both renters and homeowners. From 2018 to 2020, local governments have spent $250.3 million in state funds in this program.

There are 23 strategies that local governments use to best utilize the initiative funds that include down payment assistance and rehabilitation for existing homes, funding to build new homes; rental subsidies for qualified households; relief after a disaster; foreclosure prevention programs with mortgage assistance for three to six months and payment of fees required for renters.

- Advertisement -

The report also said there were 11 housing incentive strategies implemented by the 82 initiative program participants. This included expedited development approvals, fee waivers for affordable housing, flexible zoning, accessory dwelling units that share a single-family lot with a separate dwelling, easing street construction regulations and allowing flexible lot shapes among others.

In a survey conducted by state officials, local officials reported construction of mixed-income projects with expedited permitting and flexible zoning designed to support affordable housing.

The spending was divided between $173.7 million (69.4%) spent by counties, $51.2 million (20.5%) by municipalities and $25.4 million (10.1%) by counties that have interlocal agreements with municipalities.

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Healthy Selfishness: The Boundaries You Should Have For Your Health

Being selfish is often seen as a bad characteristic,...

Trump’s Trade War Heats Up: Mexico Sends Troops, Canada & China Fight Back

President Donald Trump is hitting pause, at least for...

This Day in History: Civil Rights Icon Rosa Parks Born in 1913

On February 4, 1913, civil rights icon Rosa Parks...

Wisconsin Republicans push legislation to punish sheriffs refusing to cooperate with ICE

(The Center Square) – Republicans at the Wisconsin Capitol...

Downtown crackdown: Spokane limits sale of booze, pipes without free naloxone

(The Center Square) – With few solutions left, Spokane...

Legislation ensuring Virginia localities cooperate with ICE fails in committee

(The Center Square) — With three weeks remaining in...

Abbott bans AI and Chinese apps from government-issued devices

(The Center Square) – Texas Gov. Greg Abbott on...

Lukas: Language stolen being recovered by Americans through Trump order

(The Center Square) – Kindness and empathy, says the...

More like this
Related

Healthy Selfishness: The Boundaries You Should Have For Your Health

Being selfish is often seen as a bad characteristic,...

Trump’s Trade War Heats Up: Mexico Sends Troops, Canada & China Fight Back

President Donald Trump is hitting pause, at least for...

This Day in History: Civil Rights Icon Rosa Parks Born in 1913

On February 4, 1913, civil rights icon Rosa Parks...

Wisconsin Republicans push legislation to punish sheriffs refusing to cooperate with ICE

(The Center Square) – Republicans at the Wisconsin Capitol...