Florida Trend
Get FREE Business News Updates


October 9, 2015

Affordable Housing

Defending the Castle

When it comes to affordable housing, government makes things worse -- and better.

Neil Skene | 3/1/2007

Something's got to give

At some point, when enough people can't buy the homes that developers are building, they'll build homes people can buy. Midgett, the Ocala lawyer, says there are more Section 8 units available now than six months ago because the "cooling housing market" has forced some developers of higher-end spec houses intended for resale to instead rent out those units at moderate rents.

The best thing about the soft housing market is that the affordable-housing policy-makers may at least be able to catch their breaths and adapt programs. Prices were beginning to outstrip the ideas as well as the money.

"Loans started out being forgivable for people who stayed five to seven years," says Jaimie Ross, president of the Florida Housing Coalition and head of the affordable housing project at 1000 Friends of Florida. "But then they would sell the house, and we were not really able to help the next person." Ross is a strong advocate of land trusts, using land donated by governments or non-profits. It has the additional advantage of retaining control over that land far into the future.

Ultimately, government policy is going to have to reconcile the contradictory impulses in its policies. You can't have subsidized, rapid economic growth, adequate infrastructure, effective land use, lower tax levels and little growth in housing costs. Something will have to give. Until then, the only thing legislators can do is ignore the problem or throw more money at it. And employers might learn to fend for themselves.

Tags: Politics & Law, Big Bend, Around Florida, Government/Politics & Law, Housing/Construction

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

What They Do at the UF Space Plants Lab
What They Do at the UF Space Plants Lab

A video about the research that is done by the UF Space Plants Lab. Dr. Ferl and Dr. Paul provide a brief overview of what they do and how the lab contributes to society.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

About the proposed open-carry gun law: Are you in favor of allowing Floridians with concealed-handgun permits to openly display their weapons?

  • No
  • Yes

See Results

Ballot Box