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Best of Broward

Best of Broward. Broward Housing Council. Developing Affordable Housing Solutions. Countywide Charter Amendment approved in 2008 General Election Members Include : Elected City/County Officials Development Community Non-Profit Organizations Bankers/Mortgage Industry City Managers:

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Best of Broward

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  1. Best of Broward Broward Housing Council Developing Affordable Housing Solutions

  2. Countywide Charter Amendment approved in • 2008 General Election • Members Include: • Elected City/County Officials • Development Community • Non-Profit Organizations • Bankers/Mortgage Industry • City Managers: • Less than 50,000 residents • More than 50,000 residents • Academic University Community • Recipient of Section 8 • Housing Authority • School Board Public & Private Sector Representatives, Non-Profit & For-Profit Groups all coming together to address affordable housing in our communities.

  3. “The Affordable Housing Summit”June 18, 2010 • TOP PRIORITY: Affordable Housing Web-Site • RECOMMENDATIONS: • Federal, State and Local Programs • Identify Funding/Resources • Research Best Practices • Provide Current Information • Leverage funds / local government sources • Identify education & training opportunities • One “Stop Shop” for entitlement communities • Services for: • Residents • Not-For-Profit Providers • For-Profit Developers • Government • Academic

  4. Multi-family Housing Bond Program • Local Match for State Affordable Housing Tax Credit • Purchase Assistance (First-Time Homebuyer) Program • Mortgage Credit Certification program • Water/Sewer Connection Program • Foreclosure Prevention Program • Search rental units by county, price range and size • Housing Choice Voucher Programs • Affordable Senior Housing • Housing Rehabilitation (Home Repair) Program • Other non-profit resources & services Highland Gardens II, Pompano Beach, FLSenior and disabled Community Before After

  5. Federal and State Housing Programs • Community Development Block Grant (CDBG) Program • Emergency Solutions Grants (ESG) Program • HOME: Home Investment Partnerships Program • State Housing Initiatives Partnership (SHIP) Program • Housing Choice Voucher Program • Neighborhood Stabilization Program • Disaster Recovery Initiative (DRI) Program • Housing Finance Authority • Homelessness Before Storm Impact Windows After Before After

  6. BEST OF BROWARD • Florida Housing Finance Corporation (FHFC) Universal Application Cycle • HOME Investment Partnerships (HOME) Program Notice of Funding Availability • Housing Finance Authority (HFA) Notice of Funding Availability NW Gardens III, Fort Lauderdale Ehlinger, Town of Davie

  7. 15 Entitlement Communities: • Each required to adopt Five (5) Year Consolidated Plan • Each required to submit an Annual Action Plan to request funds: CDBG, HOME, ESG, HOPWA • Coconut Creek • Coral Springs • Davie • Deerfield Beach • Fort Lauderdale • Hollywood • Lauderhill • Margate • Miramar • Pembroke Pines • Plantation • Pompano Beach • Sunrise • Tamarac • Weston *Entitlement Communities are cities or urban communities with a population of 50,000 or more.

  8. Homelessness Life After 18: Youths Aging out of Foster Care - Scattered Sites The 2011 Point-in-Time Count identified 1,900 unsheltered and 2,300 sheltered homeless persons in Broward County an increase of 58% for unsheltered homeless.

  9. 2009 Housing Council Annual Report Countywide Performance indicators • Assisted approximately 1,098 income eligible homeowners and multi-family unit owners with home repairs/ improvements. • Assisted approximately 628 income eligible homebuyers with purchase/down-payment assistance. • Constructed approximately 525 new affordable multi-family rental units. • The Housing Authorities administered approximately 10,000 Housing Choice Vouchers (Section 8), and manage approximately 1,500 public housing units.

  10. Total Expenditures $264,726,810 Countywide Expenditures Total allocation Housing Strategies

  11. 2011 Broward County affordable housing needs assessment study • Since 2008 median family income has decreased by 9%. • Renter-occupied housing units increased by 16.1% since 2008. • The County lost 73,827 private sector jobs from 2007-2010. • From 2000-2010, the County’s median monthly owner housing costs (with a mortgage) increased from $1,246 to $1,820 or 54%. • “Extremely” cost-burdened renter households (>50% of household income on housing costs) have increased by 51.1% from 2000-2010 and now represents 107,107 renter households. Key Findings:

  12. For further information contact: • Ralph Stone, DirectorBroward County Housing Finance & Community Development DivisionPhone: 954-357-4900Email: rstone@broward.org • Angela Chin, Principal PlannerBroward County Housing Finance & Community Development DivisionPhone: 954-357-4900Email: achin@broward.org Learn more by visiting the website at: www.browardhousingcouncil.org

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