Presentation is loading. Please wait.

Presentation is loading. Please wait.

Gainesville’s Affordable Housing Needs

Similar presentations


Presentation on theme: "Gainesville’s Affordable Housing Needs"— Presentation transcript:

1 Gainesville’s Affordable Housing Needs
Low-Income, Cost Burdened Households, Gainesville, 2017 Housing is usually considered affordable if it costs no more than 30% of household income, including utilities. Cost burdened: Paying more than 30% of income for housing Nearly 15,000 low-income households in Gainesville are cost burdened excluding students. Need is greatest for renters. Additionally, estimated 787 individuals & 880 families with children are homeless in North Central FL Sources: Shimberg Center analysis of U.S. Census Bureau, 2017 American Community Survey; 2019 Rental Market Study (forthcoming). “Low-Income” refers to households with incomes below 80% of Area Median Income. “Student household” refers to a non-family household where head is a full-time student.

2 Housing costs outpace wages for many occupations.
Alachua County’s housing wage: $17.19/hour A full-time worker would need to earn this amount to rent a typical 2BR apartment (HUD Fair Market Rent: $894/mo). Median wage for Gainesville MSA workers, 2017: $15.95/hour Sources: National Low Income Housing Coalition, Out of Reach; Florida Agency for Workforce Innovation, 2017 Occupational Employment Statistics and Wages.

3 Housing costs outpace wages for many occupations.
How much can Gainesville’s workers afford to pay for housing each month? $ Retail Sales & Cashiers Home Health Aides Preschool Teachers Crossing Guards Cooks Security Guards $ Bus Drivers Nursing Assistants Receptionists Construction Laborers Hair Stylists Customer Service Reps $ Pharmacy Technicians Secretaries Bank Tellers Police, Fire & Ambulance Dispatchers Vet Techs Probation Officers Source: Florida Agency for Workforce Innovation, 2017 Occupational Employment Statistics and Wages. Based on median wage for jobs in the Gainesville MSA. Assumes full-time worker, 30% of income spent on housing costs.

4 The Affordable Housing Continuum
Supportive Housing (affordable units + services) Homeless Older adults People with disabilities Other special needs Affordable rental housing Public housing Subsidized (Florida Housing, HUD) Vouchers NOAH (Naturally Occurring Affordable Housing) Affordable home ownership Shared equity (e.g. community land trust) Down payment assistance Low-interest loans Affordable construction Home rehab and weatherization

5 The local role in creating the affordable housing continuum
1. Make the rules Land use & zoning Reducing regulatory barriers Inclusionary policies 2. Spend the $ Federal pass-through State housing trust fund (SHIP) Raising local funds through taxes or fees 3. Provide the housing Public housing Other affordable rental


Download ppt "Gainesville’s Affordable Housing Needs"

Similar presentations


Ads by Google