Senate Committee on Community Affairs Briefing

1. Senate Committee on Community Affairs Briefing Robert C. Stroh, Sr., Director Shimberg Center for Affordable Housing Rinker School of Building Construction College of Design, Construction and Planning University of Florida 5 December 2005 Shimberg Center for Affordable Housing

2. Topics • Florida Population • Workforce earnings • Florida Housing • Access to Housing • Suggestions Shimberg Center for Affordable Housing

3. Population Growth Shimberg Center for Affordable Housing

4. Population Diversity • In 2000, population stood at 15,982,378: • 17% foreign born • 48% from other US states • Over-65 group declined 1% from 1990 • Under-18 group increased 1% from 1990 • 35-54 group increased 5% from 1990 Shimberg Center for Affordable Housing

5. Growth Distribution • Growth percentage largest in Panhandle and North Central areas • 60%-74% growth in Flagler, Sumter, Collier, Wakulla, and Osceola (all <100,000 increase) • Actual growth greatest in south • Miami-Dade grew by over 316,000 (+16%) • Broward grew by over 367,000 (+29%) Shimberg Center for Affordable Housing

6. Employment What does the Florida workforce earn? Shimberg Center for Affordable Housing

7. Service Workers • Bookkeeping, Accounting, Auditing, Cashiers, Food preparation, Food servers, Customer service, Firefighter, Janitors, Cleaners, General office clerk, Police patrol officers, Registered nurses, Retail sales, Secretaries, Stock clerks, Order fillers, Waiters, Waitresses Shimberg Center for Affordable Housing

8. Service Worker Hourly Wages Shimberg Center for Affordable Housing

9. Shimberg Center for Affordable Housing

10. Who can buy a home on their own? • Registered nurses could afford to purchase a median priced home in 2001 and 2002. • After 2002, the average nurse, police, firefighter, and people in the service jobs listed could not afford to purchase a median priced home in Florida. • One option is to double up – maybe get married Shimberg Center for Affordable Housing

11. How about an Apartment? Using data for Florida and Fair Market Rent from the HUD USER web site, the 2006 statewide median 2-bedroom average rent in metropolitan areas is $693 and ranges from a low of $503 to a high of $967/mo. • It takes a monthly income of $2,310 to afford the average apartment unit. • It takes a monthly income of $3,223 for the highest cost unit. • It takes a monthly income of $1,676 for the least expensive unit. Shimberg Center for Affordable Housing

12. Can the Service Workers Afford These Units? Shimberg Center for Affordable Housing

13. Conclusion • Highest paid service worker may be able to live in a metro-area apartment. • The lowest paid service worker must double up or seek substandard unit. • Metro area costs encourage the “drive until you can buy (or rent) approach.” Shimberg Center for Affordable Housing

14. Suggestions • Full funding of the state and local housing trust fund. • Encourage preservation of existing affordable housing developments with selection preference for rehab. • Lobby Congress for LIHTC to reach the Below-30% AMI population with increased subsidy fore reserved units. • Encourage employer-assisted housing programs Shimberg Center for Affordable Housing

15. GO GATORS! Shimberg Center for Affordable Housing