1 / 28

Conditions Affecting Affordable Housing in Lee and Collier Counties

Affordable Housing in Lee County. Housing Costs. Definition of Affordable HousingThe generally accepted definition of affordability is for a household to pay no more than 30 percent of its annual income on housing. Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. An estimated 12 million renter and homeowner households now pay more then 50 percent 21

niveditha
Download Presentation

Conditions Affecting Affordable Housing in Lee and Collier Counties

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    1. Conditions Affecting Affordable Housing in Lee and Collier Counties Rachael Abrams, Bill Caldwell, Lindsey Garven, Erin Hicks, Christal Pipkin, Katelyn Wyatt October 23, 2006

    2. Affordable Housing in Lee County

    3. Housing Costs Definition of Affordable Housing The generally accepted definition of affordability is for a household to pay no more than 30 percent of its annual income on housing. Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. An estimated 12 million renter and homeowner households now pay more then 50 percent of their annual incomes for housing, and a family with one full-time worker earning the minimum wage cannot afford the local fair-market rent for a two-bedroom apartment anywhere in the United States. (U.S. Department of Housing and Urban Development link)

    4. Lee County, Florida

    5. Visual view of population in Lee County! Population Trend Age distribution: Graph 1 Poverty Rates: Graph 5 Occupants with housing cost burden: Graph 7 Graph 1, 5, & 7! (From the US Census Bureau )

    6. Actual Housing costs for 2000, 2004 &2005

    7. Types of Homes on sale now in Lee County!

    8. Homes for Sale in Lee County There were no homes listed for sale for under $50,00 even though the census bureau said that there are 13,253 units here. Citation: All pictures came from Century 21link.

    9. Mortgage payments for 2000, 2004, & 2005

    10. Rent Payments for 2000,2004, & 2005

    11. Mortgage: a % of income!

    12. Rent: a % of income!

    13. Affordable Housing in Collier County

    14. Collier County, Florida

    15. Priced at $2,250,000

    16. Actual Housing costs for 2000 & 2005

    17. Mortgage payments for 2000 & 2005

    18. Rent Payments for 2000 & 2005

    21. Local Wages and the Impact with Affordable Housing

    22. Wages-poverty U.S. Census Bureau Poverty definition Poverty thresholds 2005 http://www.census.gov/hhes/www/poverty/threshld/thresh05.html How poverty is determined http://www.census.gov/hhes/www/poverty/povdef.html#1 Income deficit: Ratio of income to poverty

    23. Living Wage Movement Association of Community Organizations for Reform Now (ACORN). http://www.livingwagecampaign.org/ http://acorn.org/index.php?id=10265 Center for Community Change National Campaign for Jobs and Income Support

    24. Living Wage 2004 Florida Minimum wage amendment $1 above federal rate Increases annually with Consumer price index Min. Wage increase Jan 1, 2007

    25. Snowbird Phenomena Effects on Collier and Lee Counties? Income and education disparities Permanent residents vs. temporary Increased housing costs Supply and demand

    26. Snowbird Phenomena

    27. Wages vs. Housing costs Wages not keeping up with real estate appreciation Center for Housing Policy- 3:1 mortgage/wage ratio Collier (# minimum wage workers needed) Lee (# minimum wage workers needed) Essential employees Teachers, nurses, firefighters Low wages vs. similar markets nationwide. Community Workforce Housing Innovation Program (CWIHP)

    28. Wages vs. Housing Costs 82% of all jobs created in Collier pay less than median wage Florida legislation approves $514 million for affordable housing package

    29. The Job Market of Southwest Florida, in accordance with Affordable Housing

    30. Current Job Market Trends Seasonal fluctuation Low unemployment rate High job availability High turn over rate

    31. Population Growth of Southwest Florida Arise in population reflects the growing development and tapering off of seasonal fluctuations in the job market.

    32. The graph is a representation of Southwest Florida's tri-county area labor force. The graph presents seasonal change in labor force and gradual increase in total labor force population.

    33. This graph shows employment progression in Southwest Florida’s job market.

    34. Unemployment rate of Southwest Florida tri-county area

    35. Fastest Growing Jobs and Jobs Most in Demand

    36. Impact of Construction and Development

    37. Florida Legislative Actions on Affordable Housing 1972: Florida Housing Act 1980: Florida Housing Finance Agency (1997: Florida Housing Finance Corp. ) 1986: Affordable Housing Act of 1986 1988: State Apartment Incentive Loan Program (SAIL) 1992: State Housing Initiatives Partnership Program (SHIP) 2004: Executive Order 04-240

    38. Construction Industry Employed 14% of the labor force in Lee, Collier – 2004; largest sector Permit regulations, affordable housing studies Bridging the Gap 2004, Naples ranked as the 40th least affordable city in the nation

    39. Lee County Land Over 92,000 acres of undeveloped land Almost 75,000 is zoned residential (74,831) About 10,000 is zoned commercial (10,649) Just under 7,000 is industrial (6,797) Over 980 construction permits for commercial and residential plots in progress

    40. Lee County Impact Fees Fees added on to new construction to help with pay for public services like libraries, Fire and EMS, school construction, and community parks http://www.lee-county.com/dcd/Downloads/Documents/Fees/ResImpactFeeSchedule.pdf Highest: : $15,774.18 Lowest: North Ft. Myers: $15,316.65

    41. Collier County Land 95,000 residential units on 38,000 acres 2,450 acres zoned commercial 686 acres zoned industrial 6,275 acres used for golf course land 6,741 acres preserved as conservation lands http://www.colliergov.net/Index.aspx?page=776 Community Development Future Land Use Map Planned Unit Development (PUD) Map PUD, Industrial, Commercial Map

    42. Collier County Impact Fees Impact fees for single-family dwelling of 2,000 square feet Average: $23,908 Includes fees for parks, libraries, fire, schools, roads, jails, EMS, government buildings, and law enforcement

    43. Local Land Availability

    44. The Public Costs of Inadequate Affordable Housing in Lee County, Florida – Deborah Halliday, M.P.A. Conducted in 2002 for the Lee County Affordable Housing Committee Results: Inadequate Affordable Housing in Lee County The economic opportunities, transportation infrastructure, education and healthcare indicators lost annually amounts to $249 million Development plan for Affordable Housing needs to be established

    45. Affordable Housing v. Incomes

    46. Some progress made since the Halliday Report (2002) Participating in the State Housing Initiatives Partnership (SHIP) Have developed a Local Housing Assistance Plan approved by SHIP for 2005-2006 Have established the Policy Memorandum: Affordable Housing Methodology Lee County Board of Commissioners have put $1 million in The Community Land Trust

    47. Lee County Collier County Comparable Market Analysis July, 2006 – 75 houses on the market in Lee County ranging $200,000 and less Average Price $188,500 Average Price for all homes in Lee County $250,000 to $300,000 Florida Housing Data Clearinghouse In 2004, average cost of a single family home $398,211

    48. Impact with FGCU Graduates

    49. Florida Gulf Coast University Graduates

    50. FGCU Graduates Average Salary

    51. FGCU Career Development Services Before commencement a survey is taken One of the questions asked is whether the graduate feels they can meet their career goals in Southwest Florida 75% said YES Why is this?

    52. Projected General Solutions Rebuild a sense of community Using available surplus county land to develop affordable housing units State tax incentive education for developers Employee subsidies based on income and differential between wages and housing prices **Public education**

    53. Solutions with FGCU Students Be aware of local issues and Vote Attend and participate in local Affordable Housing Advisory Committee meetings in Lee and Collier Volunteer for Habitat for Humanity Be involved in the local chapter of HUD (Miami headquarters) and HUD programs like Neighborhood Link

    54. References Century 21 A Prestige Realty Group. Listings in Ft. Myers. 19 Dec. 2005. Century 21. Fort Myers Beach, Florida. 19 Oct. 2006. http://charliesellssouthwestflorida.com/listings.htm U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. Map of Lee County. http://factfinder.census.gov/servlet/MapItDrawServlet?_bucket_id=50& tree_id=420&context=saff&_lang=en&_sse=on&geo_id=05000US120 71 U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. Population Trend. http://factfinder.census.gov/servlet/SAFFPopulation?_event=Search& name=lee+county&_state=04000US12&_county=lee+county&_cityTo wn=lee+county&zip=&_sse=on&_lang=en&pctxt=fph

    55. References U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. Age distribution. Poverty rates. Occupants with a housing cost burden. http://factfinder.census.gov/servlet/NPTable?_bm=y&- geo_id=05000US12071&- qr_name=ACS_2005_EST_G00_NP01&- ds_name=&-redoLog=false U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. 2005 Information. http://factfinder.census.gov/servlet/ADPTable?_bm=y&- qr_name=ACS_2005_EST_G00_DP4&-geo_id=05000US12071&- ds_name=ACS_2005_EST_G00_ U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. 2000 Information. http://factfinder.census.gov/servlet/QTTable?_bm=y&- geo_id=05000US12071&-qr_name=DEC_2000_SF3_U_QTH12&- ds_name=DEC_2000_SF3_U&-redoLog=false>< http://factfinder.census.gov/servlet/QTTable?_bm=y&- geo_id=05000US12071&-qr_name=DEC_2000_SF3_U_QTH15&- ds_name=DEC_2000_SF3_U&-redoLog=false>

    56. References U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. 2004 Information. http://factfinder.census.gov/servlet/ADPTable?_bm=y&- geo_id=05000US12071&-qr_name=ACS_2004_EST_G00_DP4&- context=adp&-ds_name=ACS_2004_EST_G00_&-tree_id=305&- redoLog=false&-format= U.S. Department of Housing and Urban Development. Homes and communities. 06 Oct. 2006. Affordable Housing, Washington, DC. 16 Oct. 2006. http://www.hud.gov/offices/cpd/affordablehousing/index.cfm

    57. References U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. 2005 Information. http://factfinder.census.gov/servlet/ADPTable?_bm=y&-context=adp&-qr_name=ACS_2005_EST_G00_DP4&-ds_name=ACS_2005_EST_G00_&-tree_id=305&-redoLog=false&-geo_id=05000US12021&-_sse=on&-format=&-_lang=en U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington, DC,2004. 2000 Information. http://factfinder.census.gov/servlet/SAFFFacts?_event=&geo_id=05000US12021&_geoContext=01000US%7C04000US12%7C05000US12021&_street=&_county=collier&_cityTown=collier&_state=04000US12&_zip=&_lang=en&_sse=on&ActiveGeoDiv=&_useEV=&pctxt=fph&pgsl=050&_submenuId=factsheet_1&ds_name=ACS_2005_SAFF&_ci_nbr=null&qr_name=null®=&_keyword=&_industry= U.S. Census Bureau, Census Special Reports,AHS/R/04-1,Housing Data Between the Censuses: The American Housing Survey Washington,DC,2004. Map of Collier County. http://factfinder.census.gov/servlet/MapItDrawServlet?_bucket_id=50&tree_id=420&context=saff&_lang=en&_sse=on&geo_id=05000US12021

    58. References Lee County Department of Community Development; www.lee-county.com/dcd Collier County Department of Comprehensive Planning; www.colliergov.net Southwest Florida Regional Planning Council; www.swfrpc.org

    59. References

More Related