Item G2
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Division: Commissioner Rice
Department: BOCC District 5
StatT Contact Person: Mark Rosch.
Jerry D. Sanders, Esq.
AGENDA ITEM WORDING: Discussion, guidance to Staff and review of funds available for
purchase of land for workforce and affordable housing.
Meeting Date: May 16. 2006
Bulk Item: Yes ~ No
ITEM BACKGROUND: To preserve workforce and affordable housings steps must be taken by the
County. There exists today a need for 7,317 units of affbrdable housing. To put that number in
perspective, under the rate of growth ordinance, it would take 28 years to achieve a balance of affordable
housing in the County jf all 255 annual building permits were developed as affordable housing. See
attached Memo for additional statistics.
PREVIOUS RELEVANT BOCC ACTION: 4!l9/2006 BOCC approval of Letter of Understanding
with Fl Department of Community Affairs regarding affordable housing RaGa allocations.
4/19/2006 BOCC approval of Ordinance 017-2006 amending Sections 9.5-4 and 9.5-266, Monroe County
land Development Regulations, regarding multi-unit development and redevelopment for affordable
3/15/2006 enacted Ordinance No. 005-2006 implementing an Affordable and Employee Housing
purchase and development program.
3/1512006 BOCC directed staff to continue to negotiate an Agreement with Overseas Redevelopment
Company, LLC (formerly known as Bounty Fisheries, fne.).
housing.
2/15106 BOCC approval to adveliise for one public hearing to be held March 15, 2006 in Marathon to
consider adoption of County Ordinance establishing Affordable Housing Purchase and Development
Program.
1/18/2006 BOCC directed staff to work with Bounty Fisheries, Inc. to draft the proposed Development
Agreement with Monroe County and the FL Department of Community Affairs under Chapters 163 and
380.
1/18/2006 BOCC approval of Request for Proposals for the purchase of land by the County and its
development for affordable housing and advertisement for the opening of sealed proposals to be received
on April 3, 1006 for this purpose.
CONTRACT/AGREEMENT CHANGES:N/A
ST AFF RECOMMENDATIONS: Discussion and Guidance on Funding
TOT AL COST: To be determined
BUDGETED: Yes
No X
SOURCE OF FUNDS: Land Authoritv
.5% Tourist Impact Tax Funds & other
funds as designated bv the BOCC
No --.-X. AMOUNT PER MONTH_ Year
OMB/Purchasing _ Risk Management....._~.
COST TO COUNTY: To be determined
REVENUE I)RODUCING: Yes
APPROVED BY: County Atty X
DIVISION DIRECTOR APPROVAL: -r / Y
Ty Sybm~i
S11l/2 -(
f- <
DOCUMENTATION:
Included
x
Not Required_
o ISPOSITIO N:
AGENDA ITEM #
County of Monroe
Growth Management Division
2798 Overseas Highway, Suite 400
rvlarathon, Florida 33050
Voice: (3D5) 289.2500
FAX: (305) 289-2536
Board of Countv Commissioners
Mayor Charles "Sonny" McCoy, Dist. 3
Mayor Pro Tern, Murray E. Nelson, Disl. 5
Comm. Dixie Spehar, Dist. I
Comm. George Neugent, Dist 2
Comm. David Rice, Dist. 4
TO:
Jerry D. Sanders, Assistant County Attorney
FROM:
Planning and Environmental Resourees Department Staff
DA TE:
May 9, 2006
RE:
Affordable Units: Need and Supply
Amount of Units Needed
There exists today a need for 7,317 units of affordable housing. To put that number in perspective,
under the rate of grow1h ordinance, it would take 28 years to achieve a balance of affordable
housing in the County, if all 255 annual building permits were developed as affordable housing.
Source: Memorandum from James C. Nicholas dated 12/] 9/05 regarding Housing Prices in Monroe County;
Affordability for Median Income Residents
In 2002, there were 13,341 households renting in Monroe County. Of those, 5,051 or 37.9% were
cost burdened. To display the extent of their cost burden, the following chart displays the percent
of households paying unaffordable housing costs per area median income for the year 2004.
According to the data, there were 3,182 households making less than 35% of the area median
income and of those 2,194 or 69% were paying unaflordable rental housing costs.
% of HCU!i>l)hofdtli P~!ijng U:/'laffordable f;o-JO% Cos1 Burdenl
Housing CO'5ts by Income
MonrOli' County
;;,O;~
.P.?-"(':1"..:
70''''
'F;""
~':;.-I:";;i)":O; M+'l4
Amount of Affordable Units Available
In addition, the Monroe County Housing Authority has assisted a total of 74 ant)fdable housing
units in unincorporated Monroe County and 196 in incorporated Monroe County.
The Monroe County Planning Department has issued 430 affordable housing allocations since the
beginning ofROGO or 1992.
According to the Monroe County Housing Authority, as of August 2005 there are approximately
550 people on a waiting list for housing in both incorporated and unincorporated Monroe County.
Source: Housing Trends in Incorporated and Unincorporated Monroe County prepared by Heather Beckmann, Senior
Planner November 2005.