Real Estate Development
The need for a reliable inventory of income indexed affordable housing exists in every municipality in Broward County. Many local workers earn slightly less than reasonably needed to enjoy stable, high quality rental housing with responsive management. The Development Department assumes responsibility to support communities that strive to meet the housing needs of those local workers. The Department, with numerous development entities, has contracted for services with the Broward County Housing Authority. It follows that the initiatives and production start from a philosophy of public accountability, sustainable long term operations, and pride of ownership.
By addressing existing workforce housing needs within a community, our production of affordable housing also reduces the potential municipal need to raise taxes or fees to meet any affordable housing shortage they face.
Through careful design and construction, or by acquisition and redevelopment of existing properties, the Development Department is a valuable community partner that insists on planned capital improvements, and highly accountable property management. Our apartment communities are designed and built for the benefit of our tenants, neighbors and nearby residents. The building and aesthetic quality, and the operating standards we impose, also demonstrate the positive change our presence can bring to other communities we hope to serve in the future.
Aside from addressing a housing need, the Development Department operates as a local builder and purchaser of General Contractor services. It provides critical economic stimulus. The Department is a powerful engine of County-wide economic activity that supports a network of architects, engineers, product vendors, transporters, craftsmen, and financers.
The Development Department is proud to assist municipalities and neighborhoods build a reliable inventory of workforce housing. Our success in production and renovation are the best indicators of our commitment to support the hard work of our neighbors in every neighborhood.