Housing is a recognized driver of every economy. Whether building, owning or simply living affordably, those housing actions create benefits for local communities.
The affordable housing development department measures benefits in quantifiable results and quality outcomes, from a customer and community perspective.
Our primary customers are the Broward County workforce that brings stability and cohesion to our communities. Their presence enhances the overall quality of life, for county residents and visitors alike.
That human support network that makes Broward County a desirable destination also requires a network that promotes housing stability and long term housing opportunities.
We call upon our partners to build or reinvigorate family oriented “communities of choice” where long term rent affordability can provide comfort to families, senior citizens, neighborhood enterprises, and host municipalities.
The Development Department seeks public or private partners interested and capable of realizing:
- employer assisted housing;
- reuse and redevelopment of underutilized commercial parcels, or underdeveloped residential tracts, situated with access to “A” schools;
- projects that clearly meet identified housing goals of local communities;
- partnerships that add geographic diversity to the portfolio of property under management, especially in areas with minimal workforce housing choices.
Additionally, the Development Department has an interest in:
- purchase of General Partner interests in tax credit developments
- apartment complexes built after 1998
- property adjacent to our existing communities.
To foster employer assisted housing and new partnerships among government, quasi government, or independent tax districts, the Development Department will consider limited debt or equity investments to facilitate or expedite housing that aids essential personnel.
Through in-house staffing, augmented with professional services of nationally recognized legal and financial experts, the Development Department is prepared to initiate or respond to affordable housing opportunities in Broward County.