The Housing Conundrum in Davie
The inflated real estate market in South Florida (indeed all of Florida) has given rise to an “affordable housing crisis”; and, all municipalities are struggling to find workforce housing for their local job markets. A recent study commissioned by the Broward Housing Partnership found that 75% of all Broward households earn less than $77,000 per year; but, they would need to earn $91,000 to afford the current median price of $361,100 for a single-family home. Only 50% of all Broward households earn $50,000, which is needed to purchase a median-priced Condo @ $193,000. Over the past year, most households have been priced out of the housing market, because of the unprecedented growth in real estate prices. Major gaps exist between what a single-family home costs, and what most families can afford to pay throughout Broward County.
Affordability Gap – Broward Housing Partnership Study
Housing Type Median Price Income Required
Single Family Homes $361,100 $90,720
Condominiums $193,000 $50,500
Rental Apartments $ 1,222 mthly $45,000 (2-Bedroom)
Occupation Median Wage Median Home Affordable Gap
Nurse (RN) $50,362 $361,100 $192,764 -$168,236
Police Officer $49,188 $361,100 $179,440 -$181,560
School Teacher $39,876 $361,100 $149,983 -$211,017
The Broward Housing Partnership’s Report stresses that the growing housing affordability crisis will have the following serious consequences:
First - Broward County’s Economy is At-Risk - Out of control housing costs make it difficult to fill jobs, and it discourages businesses from locating or expanding here. Meanwhile, many young college graduates from our State College and University system will be forced to pursue jobs in other areas of the Country that have a lower cost of living.
Second - The Social Fabric of Communities and Neighborhoods is Threatened - Due to escalating housing costs, people can not afford to maintain their existing community ties or live close to their jobs or extended families. Many of us could not even afford to buy our own homes at today’s prices.
The recent phenomena of rental apartments converting to condominiums, and mobile home parks converting to new luxury townhomes, is reducing the number and type of housing units available to low/moderate income families, and the majority of the Town’s workforce. Hurricane Wilma also had a devastating affect on the Town of Davie’s residents and its housing stock. These effects will be discussed later in this HAP document.
It has been extremely difficult to rehouse these displaced Davie residents, as there is little to no comparable, affordable, replacement housing available to them. Many of the mobile home residents that were displaced by Wilma were subsequently rehoused in lower-cost rental units. Thus, the rental vacancy rate is now extremely low; and, many landlords are capitalizing on the demand for units by raising their rents.
In 2005/06 seven (7) rental apartments notified the Town of their intent to convert to condominiums. If they all move forward with this process, 887 rental apartments at the lower rent levels, will be lost. These Davie households/families will be displaced as it is highly unlikely that they will be able to qualify for, or afford to purchase, their current unit when it is converted from rental to condo.
These problems must be tackled at a regional level, with all counties and municipalities working together. The Town of Davie’s Housing and Community Development Director actively participates in all county-wide Affordable Housing Task Forces and housing groups, to help design new programs and policies to address the current housing crisis in South Florida. The Housing and Community Development Director was chosen in 2005 to join the Broward County Planning Council’s Affordable Housing Ad Hoc Committee.
A major challenge facing the Town, is addressing the housing needs of its lower-income residents living in sub-standard mobile homes. The Town estimates that it has 21,000 residents living in 6,999 mobile homes, which represents 24% of the total housing units. Prior to Hurricane Wilma, the Town had approximately 7,831 mobile homes; but, 832 were deemed “uninhabitable” following the storm.
There is currently no source of funds available to assist these mobile home owners to make needed repairs to their homes, since the regulations governing both the CDBG and SHIP Programs traditionally prohibit the use of grant funds to renovate them. Unfortunately, the Government does not recognize them as “permanent” homes. Given these constraints, the Town’s strategy for assisting these mobile home occupants, is to provide new opportunities in Davie for the development of affordable rental and homeownership housing. Given the fact that the majority of the mobile homes are not wind-storm rated, these residents need to be transitioned into affordable rental housing opportunities.
Since most Davie residents living in mobile home parks are living there as "housing of last resort", their incomes are very low; and, they have poor credit histories making it unlikely that they would be credit-worthy buyers. So, while the construction of affordable townhomes, condos, and single-family homes is important, the greatest need in Davie today is for new affordable site-built rental housing.
The disproportionately high rental rates in Davie in comparison to other Broward County cities, make it difficult to find affordable rental units (in good condition), and attract Landlords that will participate in the Section 8 Program. Because of these factors, many lower-income families have a difficult time finding affordable rental housing, particularly those families that are “cost-burdened” (paying 30>% of their gross income for rent/utilities).
“Out of Reach 2003: America’s Housing Wage Climbs”
According to the National Low-Income Housing Coalition:
A minimum wage earner in Florida ($5.15 hour/$10,712) can only afford a monthly rent of $268
A SSI recipient (receiving $552 monthly/$6,624) can only afford a monthly rent of $166, yet the 2006 FMR for a one-bedroom unit is $752.
An extremely low-income household (earning $15,217) can only afford a monthly rent of $380, yet the FMR for a 2-bedroom unit is $911.
The Housing Wage in Broward is $15.50 i.e. the amount a full-time worker (40 hours per week) must earn to afford a 2-bedroom unit at the FMR. This is 277% of the minimum wage.
Housing Costs Continue To Climb in Davie
The average purchase price in 2006 for a new home/condo in Davie was $424,980
Rents are escalating - $1,341 Median Average Rent in 2006
45% of Davie Renter Households pay more than 30% of income for rent + utilities
29% of Davie Owner Households pay more than 30% of income for mortgage (PITI)
Fewer Parcels remain that are suitable for development as Affordable Housing
Land and Housing Costs Are Escalating rapidly
Middle-income individuals and families in Broward are being priced- out of the housing market
Rental Cost-Burdening is increasing - over-crowding is occurring as a way to offset (share) costs
New Construction in Davie is almost exclusively “luxury” housing
Davie’s aging Mobile Home Stock leaves residents vulnerable
Workforce Housing is Needed to Support Davie’s Economy
The Town is working hard to stimulate the development of new affordable housing units (both for-sale and rental), especially within CDBG Target Areas, where the majority of the Town’s lower-income and mobile home residents live. In the past 12 months, the Housing and Community Development Director has met with 27 prospective developers to evaluate sites for affordable housing. Unfortunately, due to the high cost of land, minimal labor force, and the increased cost of materials, most developers are reluctant to undertake new affordable housing projects in South Florida.
Local Workshops on Affordable Housing
The Housing and Community Development Director conducted the first “Town Council Workshop” on the issue of Affordable Housing in March 2004, and is in the process of preparing for another Workshop in October 2006. The purpose of these workshops is to engage the Elected Officials in developing meaningful affordable housing legislation, policies, and programs, explore funding opportunities, mitigate future housing disasters e.g. mobile homes destroyed, and to heighten the awareness of the Fair Housing Laws.
Affordable Housing options and incentives the Town is exploring, include, but are not limited to:
Inclusionary Zoning Ordinances
Affordable Housing Trust Funds
Increased Density for Affordable Housing
Affordable Housing Flex Units (AFU’s)
Rezoning Commercial or Industrial Sites for Residential Use
Larger Subsidies for Development
Transfer of Development Rights
Rental Housing Surveys
During the summer of 2003, the Department of Housing and Community Development established the “base-line” for the median rental rates, by undertaking a “Rental Housing Survey” of all apartments listed in the Town’s Occupational License Database. At that time, the median rent was $881. In April-May 2006 the Department undertook a new rental survey to keep track of rental increases, condo conversions, and the number of vacancies. Survey forms were mailed to all apartment owners/managers, licensed by the Town. The surveys were analyzed, and in order not to skew the data, the mom-pop type apartments with six or less units, subsidized units, and/or dormitory-type housing were not included in the calculations. These units are typically smaller, less well maintained, and their rents reflect less than the current market
rates.
The 2006 survey revealed that Davie’s median rent is now $1,341. This represents a 34% increase in rents from the 2003 Survey. A summary follows:
Unit Davie HUD GAP
Size Survey FMR
Efficiency $ 730 $ 652 ($ 78)
1-Bedroom $ 855 $ 752 ($ 103)
2-Bedroom $ 949 $ 911 ($ 38)
3-Bedroom $1,566 $1,205 ($ 361)
4-Bedroom $2,605 $1,377 ($1,228)
The housing market in South Florida has sky-rocketed, and the prices for all types of housing, significantly increased in 2004, 2005, and 2006. It is hoped that this new survey will assist the Housing and Community Development Office in identifying apartments which may still be viewed as affordable for Davie’s Workforce. Also, the survey data will be provided to the Broward County Housing Authority (BCHA), so that they can request that HUD increase the FMR’s for this area.
Condo Conversions
Apartment Name & Address |
# of Units |
One Bedroom |
Two Bedroom |
Three Bedroom |
Developer |
Courtyards at Davie f/k/a Davie Crossings - 6920 SW 39th Street Davie, FL 33314 |
219 |
No |
Yes |
Yes |
Lennar Homes |
Sundance Apts. f/k/a Cedar Key 2876 S. University Drive Davie, FL 33328 |
180 |
Yes |
Yes |
No |
Becker & Poliakkoff Attorneys |
Westview Apartments 5060 SW 64th Avenue Davie, FL 33314 |
42 |
No |
Yes |
No |
Ackerman Senterfitt |
Gardens at Nova Apts. 6857 College Court Davie, FL 33317 |
140 |
Unknown |
Unknown |
Unknown |
BF Group, LLC 1200 Ponce De Leon Blvd. Coral Gables, FL |
Poinciana Lake Apts. 2600 S. University Drive Davie, FL 33328 |
208 |
Unknown |
Unknown |
Unknown |
BF Group, LLC 1200 Ponce De Leon Blvd. Coral Gables, FL |
Nova Park Apartments 6700 Nova Drive Davie, FL 33317 |
92 |
No |
Yes |
No |
|
Fasano Apartments 4050 SW 61st Avenue Davie, FL 33314 |
6 |
Unknown |
Unknown |
Unknown |
|
Total Conversions |
887 |
|
|
|
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Mobile Home Park Survey
During the summer of 2006, the Department of Housing and Community Development mailed-out “Mobile Home Survey” forms to twenty-five (25) of the thirty-one (31) Mobile Home Parks licensed by the Town’s Occupational License - Development Services Department. Although there are 31 Mobile Home Parks in Davie, four (4) have no homeowner’s association/office, and two are privately owned communities where each resident owns a mobile home on an acre of land; therefore, they were not included in this statistical analysis. For example, the Seminole Health Club, located at 3800 SW 142nd Avenue, 33330 is a nudist colony. In the Orange Park Area (Western Davie) the following Parks have no homeowner’s association/office; however, there are 305 mobile homes located in these parks.
Alander Subdivision
Carlan Mobile Home Park
Cinnamon Tree Estates
Saga Estates
The 25 Mobile Home Park Surveys analyzed in 2006, provide an 80% sample of the total of 31 mobile home Parks in Davie. For statistical purposes, a sampling in excess of 15% is considered sufficient to provide a clear picture of the housing costs. The survey revealed that the lot rents in Davie averaged $445-$468 during 2006, yielding a median lot rent of $457. According to the last survey in June 2005, the median lot rents were $405.This represents a 13% increase in lot rents since the last survey.
The purchase prices for mobile homes (both new and used) in 2006 ranged from $2,000 to $103,000; and, the median purchase price for a mobile home (irrespective of size or width) in 2006 is $38,143. This is in stark contrast to the 2005 survey which revealed that the purchase price for mobile homes (both new and used) in 2005 ranged from $2,000 to $186,000; and, the median purchase price for a mobile home in 2005 (irrespective of size or width) was $42,478 which is lower in 2006.
This discrepancy may be due to several factors. First, Davie was significantly impacted by Hurricane Wilma, and over 832 mobile homes were destroyed. Some Parks are no longer accepting new units due to lack of space following the Hurricane. (FEMA located a number of Commercial Trailers and Mobiles in various Mobile Home Parks in Davie). Finally, the majority of the mobiles in Davie are older models built in the 1960’s and 1970’s, which do not meet the State Windstorm Requirements; and, the value of these older models depreciates rapidly.
Mobile Home Survey - May/June - 2006
Mobile Home Park # of Units Lot Rents Sales Prices
American Mobile Homes 44 $325 $7,000 to $25,000
13281 SW 8th Street
Davie, FL 33325
Cheron Village/ Hometown 202 $670 $20,000 to $30,000
13222 SW 9th Court
Davie, FL 33325
Dell Trailer Park 13 $265 $5,000
4633 SW 73rd Ave.
Davie, FL 33314
Driftwood Acres Mobile 53 $225 $25,000 to $53,000
4800 Griffin Road
Davie, FL 33314
East Pine Ridge 70 $420 $16,000 to $65,000
4800 S. Pine Island Road
Davie, FL 33328
Everglades Lakes 639 $423-$458 $39,900-$59,900
2900 SW 52nd Ave.
Davie, FL 33314
Garden Park Estates 38 Unknown Private 1/ac
Grove Park Estates 35 Unknown Private 1/ac
Kings Manor Estates 297 $549-$554 $20,000 to $85,000
12500 State Rd. 84
Davie, FL 3325
Lauderdale/Anchorage 10 $550-$600 $8,000 to $22,000
4681 SW 73rd Avenue
Davie, FL 33314
Moonlight Ranches 54 $349 $10,000 to $18,000
4651 Griffin Road
Davie, FL 33314
Orange Blossom 100 $413 $ 6,000
6651 SW 45th Street
Davie, FL 33314
Orange Park Club, Inc.
Stahl Family Limited 51 $300-$310 Not Applicable
500 SW 130th Avenue
Davie, FL 33325
Palm Haven Mobile Homes 79 $405 $ 4,000 to $58,000
4791 SW 82nd Avenue
Davie, FL 33328
Palma Nova 878 $420-$435 $ 2,000 to $50,000
3020 SW 61st Ave.
Davie, FL 33314
Paradise Village 452 $551 & Up $60,000 to $85,000
12850 State Rd. 84
Davie, FL 33325
Park City 1201 $51-$74 $69,000-$100,000
8640 SW 20th Street Maintenance Fees for
Davie, FL 33324 Common Areas Only
Park City West 332 $460-$640 S/W $35,000 -$110,000
10550 State Road 84 $605-$683 D/W
Davie, FL 33324
Ponderosa 2 $600 Tenant Occupied Unknown
4701 SW 73rd Ave. 16 $400-Owner Occupied
Davie, FL 33314 18
(954) 817-0770
Rexmere Village 774 $555-650 $20,000 to $158,900
11300 Rexmere Blvd.
Davie, FL 33325
Riverside 35 $290-$300 $20,000 to $30,000
4730 SW 46th Lane
Davie, FL 33314
Seminole Health Club 40 $450 No Sales
3800 SW 142nd Avenue
Davie, FL 33330
Stirling Mobile Home Park 65 $455 No Information Available
5401 Stirling Road
Davie, FL 33314
Sunshine Village 356 $525-552 $15,000 to $103,000
13453 SW 5th Street
Davie, FL 33325
Swaying Palms 78 $451-461 $12,000 to $20,000
4851 Griffin Road
Davie, FL 33314
Twin Lakes Travel Park 374 $350 Unknown
3055 Burris Road
Western Hills Estates 96 $900-$1000 $29,000-$50,000
13000 SW 5th Court 310 $513
Davie, FL 33325 406
Average Rentals 6,999 $445-$468 $21,145 to $55,140
Median Rentals/Value $457 $ 38,143
Affordable Housing Incentive Plan
The Town has amended its Affordable Housing Incentive Plan on three (3) occasions since it was first adopted in 1998, in order to expand the level of incentives to encourage new development of urgently needed affordable housing, especially rental housing. On April 5, 2006, the Town’s Affordable Housing Incentive Plan was amended to state that:
Fee Waivers - The Director of Housing and Community Development will carefully review all prospective affordable housing projects, to verify their level of benefit and period of affordability. The waiver of all fees e.g., Park and Recreation Impact fees, Design Review and Site Plan Processing Fees, Engineering Review Fees, Building Permit Fees, etc., will be based on this review. It is acknowledged that the only fee that may not be waived for Affordable Workforce Housing is Water and Sewer Impact Fees; however, nothing prohibits the use of the Town’s SHIP or HOME funds to pay these impact fees in order to reduce the cost of the housing. Deed restrictions or other covenants may be required of all developers to ensure that the level and period (length) of affordability is maintained.” Davie’s Affordable Housing
Incentive Strategy (Plan) was also amended and restated to reflect that “An Affordable Housing Certification will be issued by the Housing and Community Development Director, if appropriate; and, Affordable Housing Flex Units (AFU’s) and/or Flex in Reserve Units will be allocated based on this Certification Process.
Expediting Permits - The State Statutes require that the “processing of approvals of development orders or permits, as defined in State Statute 163.3164(7) and (8), for affordable housing projects is expedited to a greater degree than other projects”. Based on this requirement, the Town’s Housing and Community Development Director was assigned to guide affordable housing developers through the permitting process; and, affordable housing projects & initiatives are to be expedited to a greater degree than all other projects in Davie. The Housing and Community Development Director works closely with the Planning and Zoning Director, Town Engineer, and the Town’s Chief Building Official to ensure that any “glitches” in the permitting process for affordable housing initiatives are resolved in an
expeditious manner.
Parking and Set-Back Requirements - Davie’s Affordable Housing Advisory Committee recommended that Section 12-308 (b) (1) of the Davie Town Code be amended to permit a waiver of up to twenty-five percent (25%) of that which is permitted by Code, for affordable housing initiatives only. This incentive will allow the development of in-fill single family homes on vacant property not otherwise suited for development, and could significantly lower the cost of housing, since the land acquisition costs should be minimal. This recommendation requires a formal amendment to the Town Code.
In regard to parking requirements, precedents have been set regarding parking variances or reduced requirements for certain types of affordable housing developments. The majority of elderly projects require fewer parking spaces, since many older individuals, particularly those in public housing projects, have already given up their driving privileges. Each affordable housing project will be reviewed by the Housing and Community Development Director and based on the target population to be served and the period of affordability, will make a recommendation on the reduction in parking requirements, if warranted.
Review of Proposed Policies and Procedures on Housing Costs - The Development Services Director identifies those proposed policies, procedures, plans, etc., that may impact the development of housing, and forward such to the Town’s Housing and Community Development Director for review and comment. The Housing and Community Development Director can then ensure that such proposed action is consistent with the Town’s adopted Consolidated Plan for Federal Funds, and does not negatively impact housing costs or produce a barrier to affordable housing. The Housing and Community Development Director can identify potential impediments to fair housing choices and other impacts on the provision of affordable housing. The Planning and Zoning Manager works closely with the Housing and Community Development Director to
ensure consistency with the Town’s Comprehensive Plan.
Inventory of Publicly Owned Land - The Town’s Planning and Zoning Division in the Development Services Department, currently maintains a list of all publicly-owned land in Davie. The Advisory Committee recommended that this list be reviewed and updated using Metro Scan or other applicable data, so that current and future uses are identified, as well as any deed-related or other restrictions on the land. The updated list should be provided to the Housing and Community Development Director, for use in meeting with potential developers of affordable housing.
Role of Housing and Community Development Department- The Town’s Housing and Community Development Director reviews all proposed policies, procedures, plans, etc., that may impact the development of housing, in order to ensure that such proposed action is consistent with the Town’s adopted Consolidated Plan for Federal Funds, and does not negatively impact housing costs or produce a barrier to affordable housing. The Housing and Community Development Director will identify any potential impediments to fair housing choices and other impacts on the provision of affordable housing. The Planning and Zoning Director will work closely with the Housing and Community Development Director to ensure consistency with the Town’s Comprehensive Plan.
The Director of Housing and Community Development reviews all prospective affordable housing projects to verify their level of benefit and period of affordability, and recommend the waiver of Park and Recreation Impact fees, Building Permit Fees, etc., reductions in parking requirements if warranted, “Affordable Housing Density Bonuses” as applicable, and Deed restrictions or other covenants to ensure that the level and period (length) of affordability are maintained.
The Town’s Housing and Community Development Director guides affordable housing developers through the permitting process; and, affordable housing projects/initiatives are expedited to a greater degree than all other projects in Davie.
Experience in Developing Affordable Housing Projects in Davie
The Town's Housing and Community Development Office has significant experience in attracting, facilitating, and overseeing the construction of new affordable housing projects, both rental and homeownership.
The Stirling Road Apartments, 250 units of affordable rental housing, located on Stirling Road in Southeastern Davie, opened in the fall of 2000. This project was financed with Federal Low-Income Housing Tax Credits (LIHTC) and Tax-Exempt Bonds, and contains 2/3-bedroom units. Davie waived impact-fees @ $123,000, and rebated permit fees @ $19,750 as an incentive for this affordable housing project.
Summerlake Apartments on SW 61st Avenue in the Eastside/Potter Park Target Area opened in January 2001 with 108 two and three-bedroom affordable rental units. The Town used $100,000 of its SHIP funds to leverage an additional $350,000 for pre-development costs through Broward County’s SHIP Program. The Town assisted the developer in obtaining $5.6 Million in Tax-Exempt Bonds from the Housing Finance Authority (HFA) of Broward County, and rebated $19,750 in permit fees.
The “Harmony Village Community”, which was completed in April 2005, entailed the development of a 4.5 acre parcel in the Southern/Driftwood Target Area into 22 single-family homes for first-time home buyers, a new Boys and Girls Club, and a Family Success Center (FSC) for one-stop-shopping for social and public services. All 22 homes are now occupied by low-income first-time homebuyers. The Florida Community Development Association (FCDA), a state-wide organization of housing, community development, & neighborhood revitalization professionals, awarded its 2005 Achievement Award to Davie’s “Harmony Village Community Initiative” as a “Best-Practice”.
Two (2) new affordable workforce housing projects are in the works i.e., Village Parc Townhomes which is 70 new affordable townhomes on the corner of University Drive and the Davie Road Extension, and the Villas of Palomino on the Davie Road Extension at 69th Street, which has 52 new townhomes, of which 36 will be affordable. The Town of Davie assigned Affordable Housing Flex Units (AFU’s) and waived building permit and related processing fees, to effectuate these developments. Regrettably, one of these projects is floundering, as the cost of materials increased significantly due to the 2005 hurricane season.
Affordable Housing Incentives Provided
Since Davie’s Affordable Housing Incentive Strategy was originally adopted in 1998, the Housing and Community Development Department has diligently worked to provide financial incentives for developers of affordable housing, to encourage the provision of quality, affordable housing for Davie’s lower-income residents. The Town has waived over $4,057,478 in fees and other incentives, as follows:
$ 316,426 - New Rental Housing Subsidies & Waivers
$ 108,900 - Davie CRA Homes - Predevelopment
$ 787,010 - Habitat for Humanity Single-Family Homes
$1,039,842 -Home Repair/Barrier-Free Grants
$ 60,305 - Home Repair Barrier-Free Fee Waivers
$ 342,000 - Public Housing Improvements
$ 35,744 - Public Housing Fee Waivers
$ 146,288 - Purchase Assistance Program
$ 168,000 - CRA New Construction Single-Family
$ 212,000 - SHIP Subsidy for Construction of CRA Homes
$ 865,000 - SHIP/HOME Subsidies for New Construction - Townhomes
$ 106,700 - Villas of Palomino Fee Waivers
Housing Projects Completed or Underway in FY 2005/06
Program Units Unit Cost Funding Source
Single-Family Rehab Program 3 Homes $ 15,000 $ 45,000 CDBG
Home Repair Program 18 Homes $ 15,000 $270,000 SHIP
Harmony Village Purchase Assistance 12 Homes $ 12,000 $144,000 SHIP
Davie Purchase Assistance Program 9 Homes $ 8,000 $ 72,000 SHIP
CRA New Construction 4 Homes $ 16,000 $ 64,000 CRA
CRA New Construction 4 Homes $ 42,661 $169,044 SHIP
Arrowhead - Condo Restoration 4 Units $ 10,800 $ 43,200 CDBG
New Const -Villas of Palomino 36 Units $ 3,006 $108,200 Fee Waivers
New Const - Village Park Townhomes 70 Units $ 3,006 $210,420 Fee Waivers
Homeless Prevention 49 Homes $ 600 $ 29,400 CDBG
Counseling/Credit Enhancement 40 Homes $ 500 $ 20,000 SHIP
Fair Housing Educ. /Training 49 Homes $ 100 $ 4,900 CDBG
Housing Projects Proposed For FY 2006/07
Program Units Unit Cost Funding Source
Single-Family Rehab Program 4 Homes $ 30,000 $ 60,000 CDBG
Home Repair Program 5 Homes $ 30,000 $ 100,000 SHIP
Purchase Assistance Program 6 Homes $ 40,000 $ 180,000 SHIP
Barrier-Free Program (Rehab) 2 Homes $ 35,000 $ 60,000 SHIP
Homeless Prevention 68 Homes $ 600 $ 40,000 CDBG
Counseling/Credit Enhancement 40 Homes $ 500 $ 20,000 SHIP
Fair Housing Educ./Training 60 Homes $ 100 $ 6,000 CDBG
CRA New Construction 4 Homes $ 35,554 $ 126,000 SHIP
CRA New Construction 4 Homes $ 35,816 $ 143,265 CRA
New Construction - BCHA Ehlinger 30 Units $150,000 $4,500,000 BCHA
New Const - Village Parc Townhomes 20 Homes $ 43,000 $ 865,000 HOME/SHIP
This has been a very challenging year for the Town of Davie, and indeed all of Broward County, as we struggled to rebound from the busy 2005 Hurricane Season. Attracting developers and contractors to work on our housing and capital construction projects has been extremely difficult, since many of these companies went to the Gulf States post Hurricane Katrina. Construction supplies and materials, were not only scarce, but the prices sky-rocketed. The cost of concrete and steel has been going up about $6,000 per week, causing many housing developers to “post-pone” their projects, or seek additional funds to cover their construction cost deficit.
The Town stepped-up to the plate and added additional subsidies and/or fee waivers to effectuate the completion of our affordable workforce housing projects. What is needed most is the construction of new affordable rental housing units, so that people living in sub-standard mobile homes can be transitioned into site-built Hurricane resistant affordable housing.
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