Housing Action Plan December 3, 2018 Presentation to City of - PowerPoint PPT Presentation

Sarasota Workforce Housing Action Plan December 3, 2018 Presentation to City of Sarasota 

Workforce Housing Need • Workforce Housing- homes/apartments that are within the financial means of the workforce, from the clerks and cashiers at grocery stores, to the retail workers, and office workers, first responders, teachers, etc. • Home prices increased roughly 40% from 2012 to 2018, while household income has only risen 7% from $40,813 in 2012 to $43,477 in fall of 2018. Data gathered from the U.S. Census Bureau's American Community Survey and the Shimberg Center for Housing Studies, 2

How is Workforce Housing Produced? • The public sector is legally required to provide that housing is available for current and anticipated population- Housing Element requirement- section 163.3177, F.S. • But public sector does not build workforce housing - it uses its land use and financing tools to ensure that the private sector will produce workforce housing. • Primary tools are planning laws and financial subsidy, using incentives and requirements. 3

Planning + Financing + Long-Term Assurances = Affordability Long-Term Assurances Affordability Planning Financing 4

Will the Market Produce Workforce Housing Without Assistance from Government? • By definition, market rate housing is priced at whatever the market will bear. • The high cost of land and the costs of development must be recouped, but house prices are not derived from the cost of development, but rather what buyers are willing to pay. • Growing disparity in wealth leads to housing prices that vastly outpace workforce salaries. • This is not just a Sarasota or Florida problem. 5

1. Encourage More Flexibility in Housing Types to Promote Infill Development 6

Triplexes Rental Housing that fits into a single family neighborhood 7

Attached Housing 8

2. Allow Accessory Dwelling Units in All Single-Family Zones Section 163.31771, Florida Statutes 9

Accessory Dwelling Units 10

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3 . 3. Prioritize Sadowski Funding and Augment with Locally Generated Funds and Augment with Locally Generated Funds Sarasota lost over $30 million from legislative sweeps over last fifteen years 12

4. Repurpose Vacant Commercial, Retail, and Industrial Properties that are Appropriate for Affordable Housing 13

5. Maximize the Use of Surplus Lands for Affordable Housing Florida Statutes: Sections 125.379 • and 166.0451, commonly referred to as the “surplus land statutes Place all government-owned • developable land on the affordable housing inventory list so all sale proceeds are earmarked for affordable housing purposes Developable land is any property • that is not a sliver of property or a health hazard 14

6. Implement Workforce Housing Overlay Districts / Inclusionary Housing Policies Section 166.0415, Florida Statutes 15

7. Reinvigorate, Reconstitute, or Otherwise Support a Community Land Trust 16

What is a Community Land Trust? The vehicle of separating land… … from the building 17

8. . Embrace Workforce Housing as Community Asset and In Infrastructure 18

9. Provide NIMBY/Fair Housing Training to Governmental Staff Section 760.26, Florida Statutes 19

10. Collaborate with the School Board and other Large Employers • Partner with School Board to modify impact fees and use their surplus lands to provide affordable housing for teachers and other school personnel (builds on existing partnerships with school board) • Collaborate with large employers and encourage them to donate land and resources for the development of workforce housing in exchange for various incentives 20

11. Develop an Employer-Assisted Housing Program • There are many options for employer-assisted housing such as gap financing, payroll savings matches, and land donation • City and/or County-run EAH program would provide law enforcement, public safety workers, and other vital government employees the opportunity to live in the communities in which they serve • The EAH program could be expanded to encourage private sector employers to contribute to the housing trust fund with the proceeds used to assist employees to purchase homes 21

12. Create an Affordable Housing Ombudsman Position within the Office of Housing and Community Development • This person can be in charge of shepherding affordable housing applications through relevant reviews to expedite permitting • The Cit ity and County ty shoul uld d jo join intly ly fund an Affor orda dabl ble e Housin sing g Om Ombudsm dsman/ an/Li Liaison aison Position ition for r a qualified lified in indiv ividual idual to work rk full ll-time time to im implem lement ent these se re recommend mendations. ations. 22

Questions? Jaimie Ross – President/CEO Ross@flhousing.org Kody Glazer- Technical Advisor Glazer@flhousing.org Ashon Nesbitt- Technical Advisor Nesbitt@flhousing.org 23