Loading...
HomeMy WebLinkAbout2006 02 27 Reports McGinnis Affordable Housing Date: February 27, 2006 The following Document was provided by Commissioner McGinnis on February 27, 2006 during "Reports". The Affordable Housing Study Commission Final Report 2004 The Affordable Housing Study Commission 2003-2004 Membership Mission Statement/The Commission's Legislative Charge Executive Summary Introduction to the 2004 Report 2004 Recommendations 2004-2005 Study Agenda Bibliography The Honorable Jeb Bush Governor of Florida The Capitol, Suite PL05 Tallahassee, Florida 32399-0001 The Honorable James E. "Jim" King, Jr. President, Florida Senate THE AFFORDABLE HOUSING STUDY COMMISSION 2003-2004 MEMBERSHIP Helen H. Feinburg, Chairperson Lloyd J. Boggio,Representing residential community developers Howard C. Carroll, Respresenting the FLorida League of Cities Jim M. Collins,Reginal Planning Councils W. Scott Culp,Representing management and operation of rental housing development Paul E. Curtis,Representing apartment development Michael W. Davis, Representing very low and low-income persons Santos G. De La Rosa,Representing very low income persons. Augustin Dominguez,Representing a community based organization with experience in housing development. Dorothy E. Ellington,Representing a local housing authority. Robert E. Gregg,Representing the housing interests of homeless persons. Pricilla L. Howard,Resident of the State. Sharon D. Jenkins-Owen,Representing statewide growth management organizations. Jane E. Johnson,Representing elderly persons housing interests. Ann R. Kashmer,Representing the home mortage lending prefession. Barbara J. Lindstrom,Representing the real estate sales profession. Ellen M. Ramsey,Representing community-based organizations with a population of less than 50,000. George D. Romagnoli,Representing the Association of Counties. The following are Commissioners that served during the 2003-2004 study year and made a vluable contribution in this years's Commission work. Isabel Carballo,Representing Regional Planning Councils Carman Monroy,Representing statewide growth management organizations. Barbara S. Revels,Representing residential home building industry. STAFF Marcus Hepburn, Director Michael Conrad Brenda Smith Alex Joyce Peickert Dawn McMilian, Final Report Design The Affordable Housing Study Commission recommends improvements to public policy to stimulate community development and revitalization and to promote the production, preservation and maintenance of safe, decent and affortable housing for all Floridians. The commission is charged to analyze those solutions and programs which could begin to address the state's acute need for housing for the homeless;for very low-income, and moderate- income persons;and for elderly persons. This commission's analysis is to include, but is not limited to: . Educating thepublic and government officials to understand and appreciate the benefits of affordable housing. . Use of publicly owned lands and buildings as affordable housing sites; . Coordination with federal initiatives, including development of an approved housing strategy; . Streamlining the various state, reginal, and local regulations, and housing and building codes governing the housing industry; . Stimulation of public and private cooperative housing efforts; . Implementation or expansion of the programs authorized under state law; . Discovery and assessment of funding sources for low-cost housing construction and rehabilitation;and . Development of such other solutions and programs as the commission deems appropriate. In performing its analysis, the commisssion is also charged to consider both homeownership and rental housing as viable options for the provision of housing and to give consideration to various types of residential construction, including but not limited to, manufactured housing. Section 420.609, Florida Statutes The Affordable Housing Study Commission Affordable Housing Study Commission Recommendation Local Government Recommendations State Programs Recommendations The report is divided into two principal sections. The first section is an introduction to the Commission and it works for 2003 -2004. In that section, we hope to establish and critical need to address the housing needs for extremely low income families and house holds in Florida. As the Commission discovered, we Floridians are not alone in that concern;over the past several years more and more national attention has been brought to this heretofore forgotten and largely poweless segment of our citizenry. the Commission's intent is to educate the reader on extremely low-income households in Florida and the extent and severity of the problems they face. This will provide the context for the Commissions's recommendations. In the pricipal section of this report, the Commission presents its recommendations. These praticable and concrete recom- mendations are aimed at increasing the production of housing units affordable to extremely low-income households, including farmworker households. They also propose the beginings of a state response for the preservation of housing stock currently affordable for that population. For each recommendation or group of recommendations, we include a background statement and a rationale for the remommendation(s). The background statement explains the current situation and links it to improving the housing environ- ment for extremely low-income households. The rationale explanins the reasoning behind the recommendation and how it will accomplish the goal. The Recommendations section closes with a statement on the Commissions 2004-2005 study topics. The Commission has chosen to continue examining the preservation issue and explore more in dept what other states and local governments are doing in response to the emerging preservation crisis. Our goal next year will be to complete the work we have begun this year on preservation and make practical recommendations for adopting a comprehensive state housing preservation policy. We believe we have begun that work with this year's recommendation and will complete the work next year. For it second topic for 2004-2005, the Commission will examine predatory and sub-prime lending in the state. Homeowner- ship is at an all-time high in the nation and in Florida. Within this boom there is a dark side, however, as an increasing body of evidence suggests that lower income families and minorities are falling victim to unscrupulous lenders-this even in the face of recent state legislation to protect borrowers. The Commission intends to use the expertise and resurces of the Commission to make practicable recommendations for improvements. Recommendation The Affordable Housing Study Commission FLORIDA HOUSEHOLDS BY INCOME RENTER OWNER TOTAL PERCENT TENURESHIP IN FLORIDA ALL INCOMES EXTREMELY LOW-INCOME HOUSEHOLD STATISTICS COST BURDEN FOR EXTREMELY LOW-INCOME RENTER HOUSEHOLDS The Commission recognizes the crisis facing the extremely low-income(ELI)pop- ulation, the need for increased production of units affordable to extremely low- income residents and the preservation of existing extremely low-income units. Consequently, during this study year, the Commission worked on developing prac- ticable concrete measures to increase the supply fo affordable housing to extremely low-income households. The Commission also developed recommendations that will begin to fashion a state-level response for the preservation of existing housing stock currently serving the extremely low-income. The following section of this report presents those recommendations. The Affordable Housing Study Commssion Affordable Housing Study Commission I Affordable Housing Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I Affordable Housing Study Commission I THE AFFORDABLE HOUSING STUDY COMMISSION The Commission will continue its work on the preservation of existing housing stock. This will include the federally subsidized housing, expiring tax credit deals and the roll-off of project-based Section 8 properties. It is the intent of the Commission to examine successful efforts of other states and locales and complete its work on recommending the steps toward building a comprehensive state preservation policy. This will include, but not be limited to, such items as: increasing the effectiveness of notification policies; expanding the availability of financing opportunities and financing incentives for preservation purposes; effective strategies for instituting right of first refusal in existing and future housing development contracts;and other strate- gies that would contribute to an effective state preservation policy. As homeownership rates reach record levels, serious problems are emerging as unscrupulous lenders are taking advantage of borrowers, particularly low-income families and minorities. According to a report by the Woodstock Institute, using Chicago Metro data, subprime loans are twent-eight times more likely to default than those getting lower-cost prime-rate mortgages. The Commission will be working towards recommendations that will educate the public on standard lending and credit prac- tices and help stem or eliminate abuses. Affordable Housing Study Commission I