Housing in Broward County: Challenges & Opportunities

4/6/17

In a recent white paper of the Coordinating Council of Broward, findings reported that the Broward metro area is the worst in the country for severe cost burden for working households. Broward County’s housing affordability problem has widespread economic impact, and there is a growing recognition of the important link between an adequate affordable workforce housing supply and economic growth.

The number of cost-burdened owner and renter households in Broward County has continued to increase at the same rate as during the housing bubble. 49.7% of households in Broward County (330,624 households) are cost-burdened.

Industry advisers say consumers shouldn’t spend more than 30 percent of their incomes on housing. 

 

PANEL:

Greg West

President & Chief Development Officer of ZOM, responsible for all of the company’s development activities nationally. Presently, ZOM has under construction 3,400 units in Florida, Texas and the Mid-Atlantic.

Carla Coleman 

Appointed (2004) the Urban Land Institute’s Executive Director for Southeast Florida & the Caribbean, and in 2014 as ULI’s Florida Director until her retirement last year.  She works on specialty projects as Principal of Coleman & Associates Consulting, PA.

Mitch Rosenstein

A principal and co-founder of Green Mills Group, a full-service real estate development firm focused on affordable housing and community development. Since the company¹s founding in 2011, Green Mills has the highest competitive low-income housing tax credit application award rate of any developer in Florida.

MODERATOR: Debbie Orshefsky 

A partner in Holland & Knight’s Fort Lauderdale and D.C. offices. She practices in the areas of land development and environmental law .

 

APRIL BREAKFAST SPONSOR:  Broward Health