I also met with advocates of the bond program and asked them how they would prioritize project funding. She believes it will target more urban areas, with greater density and close proximity to industries and not her residents. To qualify, a households income cannot exceed 80 percent of the areas median income. NEXT STORY: Additionally, you may contact our legal Funding is aimed at subsidizing construction of 20K workforce units. If your household makes less than $80,199 we offer affordable workforce housing apartments. A unit of government receives a loan from a private lender that is secured by the government's assets, including its ongoing ability to generate income through taxation. If approved, the money will kickstart housing developments for working folk. Housing is the backbone of economic development, necessary to attract workers and build a flourishing community. Palm Beach County workforce housing program: Who qualifies? palm beach housing program You might be surprised, Your California Privacy Rights / Privacy Policy. Plans call for more than 215,000 square feet of new construction. But bond issues almost always mean tax increases as the government owes principal and interest on that loan to the private lender., Heres how it would work: Developers would compete for dollars to help lower the cost of construction in the county. They are capable of In the last election, six less wealthy counties (Alachua, Brevard, Indian River, Nassau, Pasco, and Polk) voted to pay higher taxes to save undeveloped land. We need our state partners to work with us in all regions of Florida to help reign in obscene rent increases so our workers can afford to live here, our families can afford to raise (their children) here, and our seniors can afford to retire here. Don't put more homes in Ag Reserve | Letters to the editor The referendum was added to the ballot after a Palm Beach County commission vote in June. We specify that it would assist in the creation of units for the workforce, says Jonathan Brown, director of housing and economic development for Palm Beach County. Contest: When will Florida Gov. . Workforce housing is designed . Johnson said the housing plan on the ballot isnt clearly outlined, especially in terms of annual operating cost and governmental oversight. Box 1757 But at the golf course, commissioners required just 10% in exchange for rezoning the land,persuaded by GL Homes' argument that the normal requirements shouldn't apply because the rezoning was to convert it from park land.