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12-20-2024 - SpecialCity Council - Special Meeting City of Edgewater Special Meeting Agenda 104 N. Riverside Drive Edgewater, FL 32132 Council Chambers10:00 AMFriday, December 20, 2024 We respectfully request that all electronic devices are set for no audible notification. 1. CALL TO ORDER, ROLL CALL, PLEDGE OF ALLEGIANCE AND INVOCATION 2. PUBLIC HEARINGS, ORDINANCES AND RESOLUTIONS Resolution No. 2024-R-41, adopting a resolution exempting the City of Edgewater from the requirements to exempt property taxes for certain affordable housing as stipulated in section 196.1978(3)(o), Fla. Stat. a.2024-R-41 Resolution_2024-R-41_Contingent_Opt_Out Resolution_2024-R-41_Opt_Out_Revision Shimberg_annual_report_Dec_2024 Attachments: 3. ADJOURN Pursuant to Chapter 286, F.S., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or hearing, that individual will need a record of the proceedings and will need to ensure that a verbatim record of the proceedings is made. The City does not prepare or provide such record. In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact City Clerk Bonnie Zlotnik, CMC, 104 N. Riverside Drive, Edgewater, Florida, telephone number 386-424-2400 x 1102, 5 days prior to the meeting date. If you are hearing or voice impaired, contact the relay operator at 1-800-955-8771. Page 1 City of Edgewater Printed on 12/19/2024 City of Edgewater Legislation Text 104 N. Riverside Drive Edgewater, FL 32132 File #:2024-R-41,Version:1 COUNCIL AGENDA ITEM SUBJECT: Resolution No.2024-R-41,adopting a resolution exempting the City of Edgewater from the requirements to exempt property taxes for certain affordable housing as stipulated in section 196.1978(3)(o), Fla. Stat. DEPARTMENT: City Manager SUMMARY: The Live Local Act provides taxing authorities,such as the City of Edgewater,the option to opt-out of a tax exemption for certain moderate-income affordable housing units.The City may opt-out of the property tax exemption provision of the Live Local Act if there is a surplus of moderately affordable housing units identified in the Shimberg Center for Housing Studies Annual Report,as compared to the estimated number of renters that qualify based on earnings.This “missing middle"exemption includes those units rented to households who earn between 80%and 120%of the Area Median Income (AMI)(earnings between $46,400 to $69,600)and charge a maximum rent of $1,864 for a one-bedroom unit (charges for larger units increase proportionately based on the number of bedrooms and family size). It is financially prudent to opt-out of the “missing middle"tax exemption.This reflects an effort to balance the need to provide affordable housing with the necessity to fairly share the tax burden among all property owners. The attached resolution includes the provisions required by Florida statutes to allow for the opt-out of the tax exemption.A 2/3rds vote of the City Council members present is required to approve the resolution.If approved and executed,City staff will forward the resolution to the Volusia County Property Appraiser.The Resolution to opt out of the tax exemption may only apply for one year,and the local government must approve a resolution and send the resolution to the Property Appraiser before January 1st. BUDGETED ITEM:☐ Yes ☐ No ☒ Not Applicable BUDGET AMENDMENT REQUIRED:☐ Yes ☒ No ☐ Not Applicable RECOMMENDED ACTION: Motion to approve Resolution No.2024-R-41,for opting-out of the missing middle tax exemption for the 2025 tax roll effective January 1, 2025. City of Edgewater Printed on 12/19/2024Page 1 of 1 powered by Legistar™ 2024-R-41 1 RESOLUTION NO. 2024-R-41 A RESOLUTION OF THE CITY OF EDGEWATER, FLORIDA, MAKING A CONTINGENT FINDING PURSUANT TO SECTION 196.1978(3)(o), FLORIDA STATUTES, BASED UPON THE 2024 SHIMBERG CENTER FOR HOUSING STUDIES ANNUAL REPORT; ELECTING TO NOT EXEMPT CERTAIN PROPERTIES FROM AD VALOREM TAXATION UNDER THE LIVE LOCAL ACT SUBJECT TO THAT FINDING; PROVIDING FOR THE PRESERVATION OF EXISTING EXEMPTIONS; ESTABLISHING A CONTINGENT EFFECTIVE DATE; AND PROVIDING FOR SEVERABILITY AND EXPIRATION. WHEREAS, Section 196.1978(3)(o), Florida Statutes, authorizes a taxing authority, upon adoption of a resolution by a two-thirds vote of its governing body, to elect not to exempt property from ad valorem taxation under section 196.1978(3)(d)1.a., Florida Statutes, provided specific findings are made by the taxing authority and certain conditions are met; and WHEREAS, Section 196.1978(3)(o) requires a taxing authority to make a finding in the resolution that the most recently published Shimberg Center for Housing Studies Annual Report, prepared pursuant to Section 420.6075, Florida Statutes, identifies that a county within the taxing authority’s jurisdiction is part of a metropolitan statistical area or region where the number of affordable and available units exceeds the number of renter households in the category entitled “0- 120 percent AMI”; and WHEREAS, the 2024 Shimberg Center for Housing Studies Annual Report (“Report”) is expected to be published in December 2024 and will provide the data necessary for the City Council (“Council”) of the City of Edgewater (“City”) to determine whether the statutory conditions are met for electing not to exempt property from ad valorem taxation under section 196.1978(3)(d)1.a., Florida Statutes; and WHEREAS, the City intends to adopt this resolution to meet the statutory deadline while 2024-R-41 2 expressly making the required finding contingent upon confirmation from the Report. NOW, THEREFORE, be it resolved by the City Council of the City of Edgewater, Florida that: 1. Recitals Incorporated. The foregoing recitals are true and correct and are incorporated herein by reference. 2. Contingent Finding. The City Council hereby makes a contingent finding, pursuant to Section 196.1978(3)(o), Florida Statutes, that the Report will confirm that Deltona-Daytona Beach-Ormond Beach, FL MSA, which includes Volusia County, has a surplus of affordable and available units for households in the “0-120 percent AMI” category relative to the number of renter households in the same category. This finding is expressly contingent upon the data contained in the Report. If the Report does not confirm the required surplus, this finding shall be voided, and this Resolution shall take no effect and be null and void. 3. Election to Opt Out of the Live Local Property Tax Exemption. Subject to the contingent finding described in Section 2, the City elects not to exempt properties eligible for the 80 to 120 Tax Exemption under Section 196.1978(3)(d)1.a., Florida Statutes, and directs the Volusia County Property Appraiser not to grant such exemptions for the 2025 tax roll or for any subsequent tax year during which this Resolution remains in effect, unless such exemption was granted prior to the adoption of this Resolution. 4. Pre-existing Exemptions Not Affected. This Resolution does not impact a property owner of a multifamily project which was granted an exemption pursuant to Section 196.1978(3)(d)1.a., Florida Statutes, prior to the adoption of this Resolution. Such property owner may continue to receive the exemption for each subsequent consecutive year that the property owner applies for and is granted the exemption. 2024-R-41 3 5. Effective Date. This Resolution shall take effect on January 1, 2025, contingent upon the data in the Report confirming the City’s finding. If the Report does not confirm the finding, the finding shall be voided, and this Resolution shall take no effect and be deemed null and void. 6. Duration and Renewal. This Resolution shall expire on January 1, 2027, unless renewed by the City Council in accordance with Section 196.1978(3)(o), Florida Statutes. 7. Advertising and Delivery to Property Appraiser. This Resolution has been duly advertised in accordance with Section 50.011(1), Florida Statutes. A copy of this Resolution shall be provided to the Volusia County Property Appraiser no later than January 1, 2025. 8. Severability. If any provision of this Resolution or its application is held invalid, the invalidity does not affect other provisions or applications that can be given effect without the invalid provision or application, and to this end, the provisions of this Resolution are declared severable. PASSED AND DULY ADOPTED by a two-thirds majority vote this _____ day of __________________, 2024. Diezel DePew, Mayor ATTEST: Bonnie Zlotnik, CMC, City Clerk REVIEWED AND APPROVED: Aaron R. Wolfe, City Attorney 2024-R-41 1 RESOLUTION NO. 2024-R-41 A RESOLUTION OF THE CITY OF EDGEWATER, FLORIDA, PURSUANT TO SECTION 196.1978(3)(o), FLORIDA STATUTES, BASED UPON THE 2024 SHIMBERG CENTER FOR HOUSING STUDIES ANNUAL REPORT; ELECTING TO NOT EXEMPT CERTAIN PROPERTIES FROM AD VALOREM TAXATION UNDER THE LIVE LOCAL ACT PROPERTY TAX EXEMPTION; PROVIDING FOR SEVERABILITY AND EXPIRATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Section 196.1978(3)(o), Florida Statutes, authorizes a taxing authority, upon adoption of a resolution by a two-thirds vote of its governing body, to elect not to exempt property from ad valorem taxation under section 196.1978(3)(d)1.a., Florida Statutes, provided specific findings are made by the taxing authority and certain conditions are met; and WHEREAS, Section 196.1978(3)(o) requires a taxing authority to make a finding in the resolution that the most recently published Shimberg Center for Housing Studies Annual Report, prepared pursuant to Section 420.6075, Florida Statutes, identifies that a county within the taxing authority’s jurisdiction is part of a metropolitan statistical area or region where the number of affordable and available units exceeds the number of renter households in the category entitled “0- 120 percent AMI”; and WHEREAS, the 2024 Shimberg Center for Housing Studies Annual Report (“Report”) provides data necessary for the City Council (“Council”) of the City of Edgewater (“City”) to determine whether the statutory conditions are met for electing not to exempt property from ad valorem taxation under section 196.1978(3)(d)1.a., Florida Statutes; and WHEREAS, the City intends to adopt this resolution to meet the statutory deadline while expressly making the required finding contingent upon confirmation from the Report. NOW, THEREFORE, be it resolved by the City Council of the City of Edgewater, Florida that: 2024-R-41 2 1. Recitals Incorporated. The foregoing recitals are true and correct and are incorporated herein by reference. 2. Required Finding. The City Council hereby makes a finding, pursuant to Section 196.1978(3)(o), Florida Statutes, that the Report confirms that Deltona-Daytona Beach-Ormond Beach, FL MSA, which includes Volusia County, has a surplus of affordable and available units for households in the “0-120 percent AMI” category relative to the number of renter households in the same category. 3. Election to Opt Out of the Live Local Property Tax Exemption. Subject to the finding described in Section 2, the City elects not to exempt properties eligible for the 80 to 120 Tax Exemption under Section 196.1978(3)(d)1.a., Florida Statutes and directs the Volusia County Property Appraiser not to grant such exemptions for the 2025 tax roll or for any subsequent tax year during which this Resolution remains in effect unless such exemption was granted prior to the adoption of this Resolution. 4. Pre-existing Exemptions Not Affected. This Resolution does not impact a property owner of a multifamily project which was granted an exemption pursuant to Section 196.1978(3)(d)1.a., Florida Statutes, prior to the adoption of this Resolution. Such property owners may continue to receive the exemption for each subsequent consecutive year that the property owner applies for and is granted the exemption. 5. Effective Date. This Resolution shall take effect on January 1, 2025, and shall expire on January 1, 2026, unless renewed by the City Council in accordance with Section 196.1978(3)(o), Florida Statutes. 6. Advertising and Delivery to Property Appraiser. This Resolution has been duly advertised in accordance with Section 50.011(1), Florida Statutes. A copy of this Resolution shall 2024-R-41 3 be provided to the Volusia County Property Appraiser no later than January 1, 2025. 7. Severability. If any provision of this Resolution or its application is held invalid, the invalidity does not affect other provisions or applications that can be given effect without the invalid provision or application, and to this end, the provisions of this Resolution are declared severable. PASSED AND DULY ADOPTED by a two-thirds majority vote this _____ day of __________________, 2024. Diezel DePew, Mayor ATTEST: Bonnie Zlotnik, CMC, City Clerk REVIEWED AND APPROVED: Aaron R. Wolfe, City Attorney Shimberg Center for Housing Studies 2024 Annual Report Shimberg Center for Housing Studies, M.E. Rinker School of Construction Management, University of Florida, P.O. Box 115703, Gainesville, Florida 32611-5703 i CONTENTS Introduction .......................................................................................................................................................................... 1 Housing Supply and Production ...................................................................................................................................... 2 Table 1. Florida Housing Supply, 2024 ................................................................................................................... 2 Figure 1. Single Family Homes by Year Built, Florida, 2000-2023 .................................................................... 2 Table 2. New Single Family Homes Built, Top Ten Counties, 2023 ..................................................................... 3 Figure 2. Multifamily Units by Year Built, Florida, 2000-2023 ........................................................................... 3 Table 3. New Multifamily Units Built, Top Ten Counties, 2023 ............................................................................ 4 Figure 3. Condominiums by Year Built, Florida, 2000-2023 ............................................................................... 4 Table 4. New Condominium Units Built, Top Ten Counties, 2023 ........................................................................ 5 Figure 4. Mobile Homes by Year Added, Florida, 2000-2023 .......................................................................... 5 Table 5. New Mobile Homes Added, Top Ten Counties, 2023 ........................................................................... 6 Assisted Housing Inventory ............................................................................................................................................... 7 Table 6. Characteristics of New Assisted Housing Developments, Florida, 2023-2024 ................................. 8 Home Sales ......................................................................................................................................................................... 9 Figure 5. Median Single Family Home Sale Price (2024 $), Florida, 2000-2024 .......................................... 9 Figure 6. Florida Counties by Median Single Family Home Price, Q1-2 2024 ............................................. 10 Figure 7. Number of Single Family Home Sales, Florida, 2000-2023 ........................................................... 11 Table 7. Number of Single Family Home Sales, Top Ten Counties, 2023 ...................................................... 11 Figure 8. Median Condominium Sale Price (2024 $), Florida, 2000-2024 ................................................... 12 Figure 9. Number of Condominium Sales, Florida, 2000-2023 ....................................................................... 12 Table 8. Number of Condominium Sales, Top Ten Counties, 2023 .................................................................. 13 Rental Markets ................................................................................................................................................................ 14 Figure 11. Apartment List Median Rent Estimates, Florida, 2017-2024 ......................................................... 14 Table 9. Median Rent, Top Five Counties, July 2024 ......................................................................................... 14 Affordable Housing Needs: Renters and Special Populations ............................................................................... 15 Table 10. Low-Income (≤60% AMI), Cost Burdened (>40%) Renter Households by County in Florida, 2024 Estimates ........................................................................................................................................................... 15 Elderly Households ..................................................................................................................................................... 17 Table 11. Low-Income (≤60% AMI), Cost Burdened (>40%) Renter Households by Age of Householder and Region, Florida, 2024 ....................................................................................................................................... 17 Persons with Disabilities ............................................................................................................................................. 18 Table 12. Low-Income, Cost Burdened Renter Households with Persons with Disabilities, Florida, 2024 18 Persons with Special Needs ...................................................................................................................................... 18 Table 13. Estimates of Households with Persons with Special Needs, Florida, 2024 .................................. 19 Affordable and Available Rental Housing Supply .............................................................................................. 19 ii Figure 12. Affordable Units, Affordable/Available Units, and Renter Households by Income, Florida, 2023 ....................................................................................................................................................................................... 20 Shimberg Center Activities ............................................................................................................................................ 21 Florida Housing Data Clearinghouse ...................................................................................................................... 21 Promoting Housing Stability and Affordability .................................................................................................... 21 Community Resilience and Disaster Response ....................................................................................................... 22 Technical Assistance, Presentations, and Publications .......................................................................................... 22 Teaching and Graduate Education ......................................................................................................................... 23 Appendix 1. County Housing Supply, 2024 .............................................................................................................. 24 Appendix 2. Housing Production by County and Housing Type, 2023 ............................................................... 27 Appendix 3. Sales Volume and Prices (2024 $) by County, 2023 ...................................................................... 29 Appendix 4. Surplus/Deficit of Affordable and Available Rental Housing Units by Income (% AMI), Modified Metropolitan Statistical Areas & HUD Metro Fair Market Rent Areas, 2023 .................................................... 32 1 INTRODUCTION Home prices and rents in Florida held steady in 2023 and 2024 following rapid growth in the preceding years. The state continued to increase its single family supply, particularly in fast-growing Central and West Central counties, although sales volume continued a two-year downward trend. The multifamily stock also continued to grow, with new rental developments coming online in urban centers and fast-growing mid-sized counties. This report describes recent trends in housing production, home prices and rents, and the affordable housing inventory. The report includes data on the affordable housing needs of the general population, elders, persons with disabilities, and special needs households. Additional data on housing supply and needs at the city, county, and state level can be found in the Florida Housing Data Clearinghouse, http://flhousingdata.shimberg.ufl.edu. The report also summarizes the Shimberg Center’s 2024 activities in research, teaching, and technical assistance. The Center was established by the Florida Legislature in 1988 as a research hub to facilitate the provision of safe, decent, and affordable housing and related community development. Based in the M.E. Rinker School of Construction Management in University of Florida's College of Design, Construction, and Planning, the Shimberg Center provides applied research and technical assistance to state agencies, local planners, the housing industry, non-profits, and others involved in shaping our state’s housing policy. 2 HOUSING SUPPLY AND PRODUCTION Florida’s single family home inventory reached nearly 5.9 million homes in 2024. Seventy-one percent of these homes are homesteaded, indicating that they serve as the owner’s primary residence rather than as second homes, vacation homes, or rental properties. Multifamily rental developments provide 1.7 million units. Three-quarters of these are located in developments with 10 or more units. One-quarter are located in 2-9 unit properties, mostly duplexes. The state has 1.6 million condominium units. Only 37 percent are homesteaded, indicating that most condominiums are second homes, vacation units, or rentals. Mobile homes on their own parcels make up approximately 437,000 units, of which just over half are homesteaded. These are individually owned parcels that are distinct from the state’s 2,293 licensed mobile home parks with 290,885 lots for rent. Table 1. Florida Housing Supply, 2024 Single Family Homes Condominiums Mobile Homes Multifamily 2-9 Units Multifamily 10+ Units • 5,875,709 parcels • 4,152,269 homesteaded (71%) • 1,609,542 parcels • 597,304 homesteaded (37%) • 436,883 parcels • 227,998 homesteaded (52%) • 156,868 parcels with 408,210 units • 32,880 homesteaded (21%) • 15,578 parcels with 1,288,421 units Source: Florida Department of Revenue, Name-Address-Legal File. See Appendix 1 for housing supply by county. Single family home production has increased steadily over the past decade. Florida produced 138,717 single family homes in 2023, the last full year for which data is available. Production levels have been increasing by approximately 10 percent each year. Figure 1. Single Family Homes by Year Built, Florida, 2000-2023 Source: Florida Department of Revenue, Name-Address-Legal File 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 3 Lee County led the state in construction with 10,702 new homes, followed by a group of counties stretching across Central and West Central Florida: Polk, Pasco, Lake, Osceola, and Manatee. Table 2. New Single Family Homes Built, Top Ten Counties, 2023 County Single Family Homes Built Lee County 10,702 Polk County 9,380 Pasco County 8,071 Lake County 7,783 Manatee County 6,511 Osceola County 6,279 Marion County 6,245 Hillsborough County 6,150 St. Johns County 5,565 Sarasota County 5,362 Source: Florida Department of Revenue, Name-Address-Legal File. See Appendix 2 for single family construction in all counties. Multifamily production continued at the strong pace that began in 2020. In 2023, Florida added 354 multifamily developments with 10 or more units, for a total of 50,547 new apartments, and 1,199 smaller multifamily developments (2,467 units). Figure 2. Multifamily Units by Year Built, Florida, 2000-2023 Source: Florida Department of Revenue, Name-Address-Legal File. Unit totals may be undercounts due to missing or incomplete data for a small number of counties. Multifamily development was concentrated in Florida’s large urban counties and in other fast-growing counties including Polk, Lee, Manatee, and St. Johns. 0 10,000 20,000 30,000 40,000 50,000 60,000 200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 4 Table 3. New Multifamily Units Built, Top Ten Counties, 2023 County Multifamily Units Built Orange County 8,346 Miami-Dade County 6,814 Broward County 4,722 Hillsborough County 3,047 Polk County 2,811 Lee County 2,784 Duval County 2,735 Palm Beach County 2,552 Manatee County 1,861 St. Johns County 1,609 Source: Florida Department of Revenue, Name-Address-Legal File. In contrast, condominium construction continued to be modest. The state added 6,791 newly built condominiums in 2023, a third of which were located in Miami-Dade County. This level of production was consistent with construction levels in recent years but far below the 2005-2007 peak, when the state was building 40,000-50,000 condominium units per year. Figure 3. Condominiums by Year Built, Florida, 2000-2023 Source: Florida Department of Revenue, Name-Address-Legal File 0 10,000 20,000 30,000 40,000 50,000 60,000 200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 5 Table 4. New Condominium Units Built, Top Ten Counties, 2023 County Condominium Units Built Miami-Dade County 2,437 Collier County 776 Lee County 625 Charlotte County 565 Pinellas County 396 Palm Beach County 357 Sarasota County 325 Osceola County 172 Broward County 152 Brevard County (tie) 122 Hillsborough County (tie) 122 Source: Florida Department of Revenue, Name-Address-Legal File. See Appendix 2 for condominium construction in all counties. Mobile home production slowed slightly in 2023. The state added 3,911 mobile homes on individual parcels in 2023. Again, this does not include homes in mobile home parks. Figure 4. Mobile Homes by Year Added, Florida, 2000-2023 Source: Florida Department of Revenue, Name-Address-Legal File. Includes mobile homes on individual parcels. Does not include units in mobile home parks. New mobile homes made a small contribution to the fast growing housing stock in Lee, Marion, Pasco, and Polk Counties, as well as several rural counties. 0 2,000 4,000 6,000 8,000 10,000 12,000 200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 6 Table 5. New Mobile Homes Added, Top Ten Counties, 2023 County Mobile Homes Built Lee County 224 Marion County 213 Pasco County 173 Levy County 167 Bay County 165 Walton County 160 Putnam County 159 Citrus County 148 Polk County 137 Suwannee County 126 Source: Florida Department of Revenue, Name-Address-Legal File. See Appendix 2 for mobile homes added in all counties. 7 ASSISTED HOUSING INVENTORY Assisted housing helps close the affordable housing gap for Florida’s renters. Assisted housing refers to rental housing developments that receive public subsidies in exchange for limits on tenant incomes and rents. Florida’s assisted housing stock consists of 3,078 developments with 315,504 affordable rental homes. Of these, 2,848 developments with 290,836 assisted (income and rent limited) units are in operation. An additional 230 properties with 24,668 assisted units are funded and in the development pipeline. The assisted housing inventory is made up of public housing units and a much larger supply of privately owned rental developments funded by Florida Housing Finance Corporation (Florida Housing), U.S. Department of Housing and Urban Development’s multifamily office (HUD), U.S. Department of Agriculture’s Rural Development programs (USDA RD), and local housing finance authorities (LHFAs). In 2023 and 2024, Florida added 88 assisted rental developments with 9,157 affordable units to the development pipeline. Table 6 shows the characteristics of the new and forthcoming affordable housing developments. Thirty-eight percent of units are located in developments reserving some or all units for elders, homeless individuals and families, persons with disabilities, or farmworkers. Most units (81 percent) are one or two bedroom apartments. Sixty-two percent of units are targeted toward households at 60 percent of area median income (AMI), and an additional 20 percent have income targets of 50 percent AMI or lower. 8 Table 6. Characteristics of New Assisted Housing Developments, Florida, 2023-2024 Developments Units % of Units Total Developments 2023-2024 88 9,157 - County Size Large 54 6,420 70% Medium 29 2,538 26% Small 5 199 4% Target Population Family 44 4,906 54% Elderly 27 2,822 31% Family; Link 8 764 8% Elderly; Family; Link 2 220 2% Homeless 2 145 2% Elderly; Family 1 144 2% Family; Homeless; Link; Persons with Disabilities 1 72 1% Homeless; Persons with Disabilities 1 50 1% Persons with Disabilities 1 22 0.2% not avail. 1 12 0.1% Bedroom Count 0 BR - 440 5% 1 BR - 4,160 45% 2 BR - 3,281 36% 3 BR - 887 10% 4 or more BR - 92 1% Not Avail. - 297 3% Income & Rent Limits <=35% AMI - 1,017 11% 40-50% AMI - 827 9% 55-60% AMI - 5,632 62% 65-80% AMI - 1,669 18% Not Avail. - 12 0.1% Source: Shimberg Center for Housing Studies, Assisted Housing Inventory. “Link” in Target Population refers to Florida Housing Finance Corporation’s Link program, under which developers provide a portion of housing units to special needs households referred by community-based supportive service providers. Percentages may not total exactly 100% due to rounding. 9 HOME SALES Median home prices in Florida held steady during 2022-2024, following rapid growth in the prior two years. The statewide median single family home price reached $411,600 in the first half of 2024. Adjusted for inflation, median prices in the past three years are well above the previous peaks in the mid-2000s. Figure 5. Median Single Family Home Sale Price (2024 $), Florida, 2000-2024 Source: Florida Department of Revenue, Sales Data File. Median prices converted to 2024 dollars using the Consumer Price Index to adjust for inflation. Median home prices in the first half of 2024 ranged from the upper $100,000s in rural North Florida counties to over $750,000 in coastal counties with strong luxury and second home markets. $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 2000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024 (partial) 10 Figure 6. Florida Counties by Median Single Family Home Price, Q1-2 2024 $150,000-199,999 $200,000-249,999 $250,000-299,999 $300,000-349,999 Holmes Bradford Baker Alachua Jackson Calhoun Citrus Clay Taylor Dixie Columbia Duval Gadsden DeSoto Hendry Hamilton Escambia Hernando Hardee Gilchrist Leon Liberty Glades Okaloosa Madison Highlands Pasco Putnam Jefferson Polk Washington Lafayette Union Levy Volusia Marion Okeechobee Suwannee Wakulla $350,000-399,999 $400,000-499,999 $500,000-749,999 $750,000-1,000,000+ Bay Gulf Broward Collier Brevard Hillsborough Franklin Monroe Charlotte Indian River Manatee Walton Flagler Lee Martin Lake Nassau Miami-Dade Osceola Orange Palm Beach Santa Rosa Pinellas St. Johns St. Lucie Sarasota Sumter Seminole Source: Florida Department of Revenue, Sales Data File 11 Single family sales volume continued to drop from its 2021 peak. Statewide, there were 333,655 single family sales in 2023, the last full year for which data is available. Figure 7. Number of Single Family Home Sales, Florida, 2000-2023 Source: Florida Department of Revenue, Sales Data File Home sales volume was higher in counties with significant new single family construction activity, including Hillsborough, Lee, Polk and Pasco Counties. Sales volume was also higher in the populous Southeast Florida counties and Orange County. Nevertheless, on average 2023 sales were down by 16 percent over 2022 in the top ten counties. Table 7. Number of Single Family Home Sales, Top Ten Counties, 2023 County Single Family Sales Hillsborough 20,732 Lee 18,487 Polk 17,650 Broward 17,252 Orange 16,702 Pasco 15,623 Duval 15,323 Palm Beach 14,925 Brevard 12,512 Miami-Dade 12,345 Source: Florida Department of Revenue, Sales Data File. See Appendix 3 for sales in all counties. 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 12 Condominium sale prices held fairly steady following a rise in 2021-2022. The statewide median condominium price in the first half of 2024 was $300,000. Q1-2 2024 median condominium prices were far higher in smaller coastal counties with active luxury vacation and second home markets, including Monroe (median condominium price $730,000), Walton ($665,000), and Nassau ($635,000). Figure 8. Median Condominium Sale Price (2024 $), Florida, 2000-2024 Source: Florida Department of Revenue, Sales Data File. Median prices converted to 2024 dollars using the Consumer Price Index to adjust for inflation. Condominium sales volume has held relatively steady around 100,000 sales per year in the past decade, with the exception of a spike above 150,000 in 2021. Statewide, there were 91,439 condominium sales in 2023, a slight drop from the pre-2021 norm and a significant decline from the 2021 peak. Figure 9. Number of Condominium Sales, Florida, 2000-2023 Source: Florida Department of Revenue, Sales Data File $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 2000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024 (partial)0 50,000 100,000 150,000 200,000 250,000 200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 13 Overall, condominium sales were concentrated in larger coastal counties and Orange County. Nearly half of the state’s sales in 2023 took place in the three Southeast Florida counties: Miami-Dade (19,117), Broward (13,794), and Palm Beach (11,019). As Figure 9 shows, condominium sales have been declining; sales in the ten most active counties fell by 25 percent in 2023 compared to 2022. Table 8. Number of Condominium Sales, Top Ten Counties, 2023 County Condominium Sales Miami-Dade 19,117 Broward 13,794 Palm Beach 11,019 Pinellas 6,329 Collier 5,184 Lee 4,258 Sarasota 3,204 Orange 3,081 Hillsborough 2,484 Manatee 2,235 Source: Florida Department of Revenue, Sales Data File. See Appendix 3 for sales in all counties. 14 RENTAL M ARKETS Florida rents increased steeply between 2020 and 2022, then stabilized close to these higher levels in 2023-2024. Apartment List estimates that median gross rents for housing seekers in Florida increased 41percent over the two year period between July 2020 and July 2022. Median rent for housing seekers was $1,555 in July 2024, a five percent drop from the 2022 median of $1,633 but still well above 2017- 2020 levels. Figure 11. Apartment List Median Rent Estimates, Florida, 2017-2024 Source: Apartment List, Rent Estimates, https://www.apartmentlist.com/research/category/data-rent-estimates. Estimate of median gross rent for new leases, including utilities. All rent figures refer to July estimates for a given year. Apartment List provides median rent estimates for 26 of Florida’s 67 counties. Among these counties, Southeast and Southwest Florida counties topped the list for highest rents in July 2024. Table 9. Median Rent, Top Five Counties, July 2024 County Median Rent Increase since July 2020 Miami-Dade County, FL $1,841 44% Palm Beach County, FL $1,827 39% Broward County, FL $1,794 38% Collier County, FL $1,699 47% Sarasota County, FL $1,642 31% Source: Apartment List, Rent Estimates, https://www.apartmentlist.com/research/category/data-rent-estimates. Estimate of median gross rent for new leases, including utilities. $1,108 $1,154 $1,187 $1,159 $1,383 $1,633 $1,591 $1,555 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 2017 2018 2019 2020 2021 2022 2023 2024 15 AFFORDABLE HOUSING NEEDS: RENTERS AND SPECIAL POPULATIONS The Center produces a triennial Rental Market Study for Florida Housing Finance Corporation assessing affordable rental housing needs by county and demographic group. The last study, published in 2022, estimated that there were 768,460 renter households in Florida who were low-income (with incomes below 60 percent of the area median income, or AMI) and cost burdened (paying more than 40 percent of income for housing). Using the most recently available data, we estimate that there are now 883,863 low-income, cost burdened renters in Florida. Sixty-five percent of these households live in Florida’s nine large counties (population 825,000 or more); 32 percent live in medium-sized counties (population 100,001-824,999); and three percent live in small counties (population 100,000 or less). Table 10. Low-Income (≤60% AMI), Cost Burdened (>40%) Renter Households by County in Florida, 2024 Estimates All Renter Households Low-Income (<=60% AMI), Cost Burdened (>40%) Renters Low-Income/ Cost Burdened Renters as % of All Renters in the County Low-Income/ Cost Burdened Renters as % of State Total Large Broward 296,116 94,550 32% 11% Duval 178,142 54,414 31% 6% Hillsborough 231,166 67,465 29% 8% Lee 97,615 28,416 29% 3% Miami-Dade 482,612 130,628 27% 15% Orange 238,714 69,808 29% 8% Palm Beach 202,297 63,315 31% 7% Pinellas 150,328 43,261 29% 5% Polk 92,291 22,249 24% 3% Large Total 1,969,281 574,106 29% 65% Medium Alachua 30,863 11,854 38% 1% Bay 25,043 6,384 25% 1% Brevard 72,809 24,866 34% 3% Charlotte 18,202 6,377 35% 1% Citrus 13,469 3,942 29% 0.4% Clay 22,719 6,083 27% 1% Collier 43,670 14,208 33% 2% Escambia 47,394 12,210 26% 1% Flagler 11,962 4,434 37% 1% Hernando 17,737 5,534 31% 1% Highlands 11,074 2,816 25% 0.3% Indian River 18,191 4,543 25% 1% Lake 45,515 15,770 35% 2% Leon 35,821 11,920 33% 1% Manatee 54,366 15,156 28% 2% 16 All Renter Households Low-Income (<=60% AMI), Cost Burdened (>40%) Renters Low-Income/ Cost Burdened Renters as % of All Renters in the County Low-Income/ Cost Burdened Renters as % of State Total Marion 42,453 12,203 29% 1% Martin 16,597 5,731 35% 1% Nassau 7,633 1,769 23% 0.2% Okaloosa 30,821 7,241 23% 1% Osceola 55,722 19,071 34% 2% Pasco 66,826 17,140 26% 2% Santa Rosa 16,456 3,537 21% 0.4% Sarasota 51,468 14,204 28% 2% Seminole 68,019 19,089 28% 2% St. Johns 24,760 6,646 27% 1% St. Lucie 37,401 11,715 31% 1% Sumter 10,104 3,599 36% 0.4% Volusia 68,042 18,166 27% 2% Medium Total 965,137 286,208 30% 32% Small Baker 2,122 492 23% 0.1% Bradford 2,423 611 25% 0.1% Calhoun 1,056 254 24% 0.03% Columbia 7,688 1,939 25% 0.2% DeSoto 3,358 854 25% 0.1% Dixie 1,304 329 25% 0.04% Franklin 1,235 297 24% 0.03% Gadsden 4,705 1,132 24% 0.1% Gilchrist 1,081 273 25% 0.03% Glades 875 268 31% 0.03% Gulf 1,355 326 24% 0.04% Hamilton 1,269 265 21% 0.03% Hardee 2,491 633 25% 0.1% Hendry 4,435 1,359 31% 0.2% Holmes 1,757 302 17% 0.03% Jackson 4,679 1,126 24% 0.1% Jefferson 1,384 333 24% 0.04% Lafayette 597 125 21% 0.01% Levy 3,844 970 25% 0.1% Liberty 598 144 24% 0.02% Madison 1,836 384 21% 0.04% Monroe 14,267 3,862 27% 0.4% Okeechobee 3,975 1,218 31% 0.1% Putnam 7,487 2,010 27% 0.2% Suwannee 4,348 909 21% 0.1% 17 All Renter Households Low-Income (<=60% AMI), Cost Burdened (>40%) Renters Low-Income/ Cost Burdened Renters as % of All Renters in the County Low-Income/ Cost Burdened Renters as % of State Total Taylor 2,009 420 21% 0.05% Union 1,343 339 25% 0.04% Wakulla 2,566 617 24% 0.1% Walton 8,154 1,400 17% 0.2% Washington 2,083 358 17% 0.04% Small Total 96,324 23,549 24% 3% State Total 3,030,742 883,863 29% 100% Source: Shimberg Center analysis of U.S. Census Bureau, 2023 American Community Survey; University of Florida Bureau of Economic and Business Research, 2024 Population Projections. Student-headed, non-family households are excluded. Elderly Households Statewide, over 346,000 low-income, cost burdened renter households are headed by someone age 55 or older, including nearly 105,000 households age 75+ households. In Pasco/Pinellas Counties and a Southwest region stretching from Sarasota County to Collier County, older households make up half of the cost- burdened renters. Table 11. Low-Income (≤60% AMI), Cost Burdened (>40%) Renter Households by Age of Householder and Region, Florida, 2024 Planning and Service Area Age of Householder Total % Age 55 or Older 15-54 55-74 75-84 85 or Older 1) Escambia, Okaloosa, Santa Rosa 15,521 4,869 1,564 1,182 23,136 33% 2) Bay, Calhoun, Franklin, Gadsden, Gulf, Jackson, Jefferson, Holmes, Leon, Liberty, Wakulla, Walton, Washington 17,400 5,809 1,256 (X) 24,465 29% 3) Alachua, Bradford, Citrus, Columbia, Dixie, Gilchrist, Hamilton, Hernando, Lafayette, Lake, Levy, Madison, Marion, Sumter, Suwannee, Taylor, Union 34,734 17,572 4,524 2,390 59,220 41% 4) Baker, Clay, Duval, Flagler, Nassau, Putnam, St. Johns, Volusia 58,021 25,460 6,848 3,728 94,057 38% 5) Pasco, Pinellas 32,437 18,518 6,980 2,593 60,528 46% 6) Desoto, Hardee, Hillsborough, Highlands (part), Manatee, Polk 66,629 29,872 6,661 3,078 106,240 37% 7) Brevard, Orange, Osceola, Seminole 94,116 28,087 6,313 3,486 132,002 29% 8) Charlotte, Collier, Glades, Hendry, Highlands (part), Lee, Okeechobee, Sarasota 34,581 21,088 8,855 4,657 69,181 50% 9) Indian River, Martin, Palm Beach, St. Lucie 48,145 24,739 6,412 6,084 85,380 44% 10) Broward 57,576 25,001 9,032 2,941 94,550 39% 11) Miami, Monroe 77,809 40,741 11,433 4,507 134,490 42% State Total 536,969 241,756 69,878 34,646 883,249 39% Source: Shimberg Center analysis of U.S. Census Bureau, 2023 American Community Survey; University of Florida Bureau of Economic and Business Research, 2024 Population Projections. Regions are modified from Florida Department of Elder Affairs Planning and Service Areas. Student-headed, non-family households are excluded. Totals may differ slightly from Table 10 due to rounding. (X) indicates value that is not statistically significant. 18 Persons with Disabilities Nearly one-third of the state’s cost burdened, low-income renter households include at least one person with a disability—an estimated 278,031 households in all. In most of these households, the individuals with disabilities are adults, particularly in age 55+ households. However, 32,222 of the cost burdened renter households include children with disabilities, including 8,970 that have at least one adult and one child with a disability. Table 12. Low-Income, Cost Burdened Renter Households with Persons with Disabilities, Florida, 2024 Household Age & Disability Characteristics Households Householder Under Age 55, Adult(s) with a Disability in the Household 82,529 Householder Age 55 or Older, Adult(s) with a Disability in the Household 163,280 Child(ren) with a Disability in the Household 23,252 Child(ren) and Adult(s) with Disabilities in the Household 8,970 Total 278,031 Source: Shimberg Center analysis of U.S. Census Bureau, 2023 American Community Survey; University of Florida Bureau of Economic and Business Research, 2024 Population Projections. Student-headed, non-family households are excluded. Persons with Special Needs Florida’s special needs housing programs serve a subset of persons with disabilities as well as other vulnerable individuals and families. Specifically, for the purpose of housing programs, Florida Statutes defines a person with special needs as: An adult person requiring independent living services in order to maintain housing or develop independent living skills and who has a disabling condition; a young adult formerly in foster care who is eligible for services under s. 409.1451(5); a survivor of domestic violence as defined in s. 741.28; or a person receiving benefits under the Social Security Disability Insurance (SSDI) program or the Supplemental Security Income (SSI) program or from veterans’ disability benefits. (Section 420.0004 (13), Florida Statutes) Combining several data sources, we estimate that 103,335 households meet this definition, primarily low- income, cost burdened renters receiving disability-related benefits. 19 Table 13. Estimates of Households with Persons with Special Needs, Florida, 2024 Category Definition Estimate Data Sources Disability- related benefits Low-income (<=60% AMI), cost burdened (>40%) renter households with at least one household member who is: 1) age 18-64, with a disability, receiving Social Security; 2) age 18+, with a disability, receiving SSI; 3) age 18+ with a VA service-related disability rating of 10 percent or more 93,720 U.S. Census Bureau, 2023 American Community Survey Public Use Microdata Sample; 2024 BEBR population projections. Survivors of domestic violence Estimated number of households based on total number of persons using domestic violence emergency shelters 7,147 Florida Department of Children and Families, Domestic Violence Annual Report, 7/1/2022-6/30/2023. Based on 12,836 individuals receiving shelter and previous year's estimated average household size of 1.8 persons (total recipients divided by adult recipients). Youth aging out of foster care Estimate based on youth receiving Aftercare, Extended Foster Care, and Postsecondary Education Services 2,468 Estimated need for affordable housing (1,742 units) and supportive housing (625 units) from Florida Assessment of Housing for Special Needs and Homeless Populations 2021.1 Total 103,335 Affordable and Available Rental Housing Supply Another measure of the affordable rental housing gap is the affordable/available analysis, which compares the number of renter households at various income levels to the supply of units that are affordable and available to them. An “affordable” unit is any market rate, subsidized, or public housing unit costing no more than 30 percent of income at the top of the income threshold expressed as a percentage of area median income (AMI), adjusted for unit size.2 Many “affordable” units are effectively unavailable to low-income households because they are already occupied by higher income households. The affordable/available analysis accounts for this difference by removing units that are occupied by higher income households from unit counts. Specifically, an “affordable/available” unit at a particular income threshold is: 1) affordable at that income threshold and 2) either vacant or occupied by a household with an income at or below the threshold. This analysis compares the statewide affordable/available housing supply to renter households for six income groups: 0-30, 0-40, 0-50, 0-60, 0-80, and 0-120 percent of AMI. Each category is inclusive of those that come before it. For example, all households and units in the 0-30 percent of AMI group also appear in all of the other groups. Figure 12 shows the distinction between affordable units and affordable/available units. All units in each column have rents that do not exceed 30 percent of income for a household at the top of the income group, 1 Report available at https://floridahousing.org/docs/default-source/programs/special-programs/special-needs- housing/florida-assessment-of-housing-for-homeless-and-special-needs-populations/needs-assessment-full- report.pdf?sfvrsn=b09bf67b_2. 2 For more information about the affordable/available method and affordability thresholds, see the 2022 Rental Market Study produced by the Shimberg Center for Florida Housing Finance Corporation, http://shimberg.ufl.edu/publications/RMS_2022.pdf. 20 adjusted by unit size. However, the units in the darker shaded areas are occupied by households with incomes above the top threshold and therefore are not available to the households in that income category. Figure 12. Affordable Units, Affordable/Available Units, and Renter Households by Income, Florida, 2023 Source: Shimberg Center tabulation of U.S. Census Bureau, 2023 American Community Survey. Student-headed, non-family households and substandard units are excluded. Figure 12 shows that for the 0-30 through 0-80 percent of AMI levels, there are more renter households than affordable units, whether available or not. At the 0-120 percent of AMI level, there are sufficient affordable units, but the number of affordable and available units is slightly lower than the number of renter households, leaving a gap of 98,319 affordable and available units. Individual regions in Florida show widely varying results when comparing households to affordable and available units, particularly at the 0-120 percent of AMI income level. Appendix 4 shows the surplus or deficit of affordable/available units at the regional level. 117,561 196,491 296,931 468,675 917,856 1,952,483 113,844 129,417 170,640 233,377 377,889 466,644 495,582 685,668 907,067 1,109,416 1,470,535 2,050,802 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 0-30% AMI 0-40% AMI 0-50% AMI 0-60% AMI 0-80% AMI 0-120% AMI Units, Affordable not Available (Occupied by household above income threshold) Units, Affordable and Available (Occupied by household at or below income threshold or vacant) Total Renter Households in Income Group 21 SHIMBERG CENTER ACTIVITIES Florida Housing Data Clearinghouse The Shimberg Center produces the Florida Housing Data Clearinghouse under contract with Florida Housing Finance Corporation. Since 2000, the Clearinghouse has provided a free online source of housing supply and demand data for the state, counties, and cities. The Clearinghouse provides data on the following topics: • Affordability: housing cost burden, homeownership rates, rents, affordable rental housing supply gaps, and vacancy and occupancy rates • Supply: Type of housing (single family, mobile homes, condominiums, multifamily), housing age and size, home prices and assessed values, and licensed condominium developments and mobile home parks • Demographics: population projections, household projections by tenure, age, income, and cost burden • Workforce: Employment rates, wage and housing cost comparisons by industry and occupation • Assisted Housing Inventory: supply of affordable rental housing funded by Florida Housing, HUD, USDA Rural Development, and local housing finance agencies • Home lending: mortgage originations by purpose, race/ethnicity, and interest rates • Special needs households: housing needs of persons with disabilities, Social Security recipients, homeless individuals and families, and farmworkers • Housing stability and disaster response: eviction and foreclosure filings, FEMA housing assistance The Center also provides county-level presentation materials to assist local government officials and others in communicating data from the Clearinghouse, with a particular focus on the link between local wages, area median income (AMI) levels, and housing costs. These materials are available on the Publications page of the Shimberg Center’s website. Promoting Housing Stability and Affordability The Shimberg Center works with local organizations to promote long-term housing stability for Florida’s homeowners and renters. The Center collects and shares monthly data on eviction and foreclosure filings in Florida communities. We participate in regional eviction prevention networks in the Orlando area and Miami-Dade County and provide summarized data on housing stability to researchers and legal services providers. The Center is collaborating with Local Initiatives Support Corporation (LISC) Jacksonville in its Family Wealth Creation initiative, which seeks to preserve housing wealth in historically Black neighborhoods in Jacksonville. The Center is providing data on homeownership, home values, tax foreclosure sales, and potential heirs property sites to support LISC’s efforts. The Center also is co-sponsoring an Heirs Property research center in collaboration with the Center for Governmental Responsibility in the UF Levin College of Law. The research center was launched in 2024 to develop legislative and regulatory solutions to heirs property loss. The Center also is collaborating with Bright Community Trust and a number of community organizations on the Homeownership Equity Initiative, a program to make homeownership accessible for households in the four-county Orlando metropolitan area. The Center has provided data on homeownership disparities and the benefits of homeownership for families and communities. 22 Community Resilience and Disaster Response The Shimberg Center works closely with state agencies, local governments, and our peers at University of Florida and other Gulf Coast and national institutions to learn how Florida’s vulnerable populations and housing stock can be kept safe from natural disasters. This year, the Shimberg Center collaborated with a wide range of University of Florida engineering, environmental, planning, and health science faculty on the JaxTwin project, an initiative to develop a “Digital Twin” for Jacksonville. The project is designed to provide real-time insights and scenario planning tools to help city leaders address infrastructure, health, housing, economic, and environmental challenges. The project resulted in a suite of datasets to identify water quality systems, healthcare utilization hotspots, and coastal flood hazard impacts, as well as a set of virtual and augmented reality tools for built environment visualization. The Center is working with the University of Nebraska and Texas A&M Agrilife Extension to examine the disaster impact of windstorms on farms and agricultural areas and provide guidance to affected businesses and residents. In Florida, work has included surveying and interviewing farmers in the Suwanee Valley about wind damage to homes and businesses from Hurricanes Idalia, Debby, and Helene. Separately, Shimberg Center researchers are studying residential property ownership changes following hurricanes, starting with the effects of Hurricane Michael on ownership patterns in Bay County. The Shimberg Center, University of Central Florida, the Horne consulting firm, and Florida Housing Coalition continued a HUD-funded project to evaluate the effectiveness of the Community Development Block Grant – Disaster Recovery (CDBG-DR) program in addressing post-disaster recovery needs of renter households. Project objectives are to (1) better understand CDBG-DR allocations for renters, (2) identify successful processes with corresponding outcomes for rental housing recovery aid programs, (3) engage with and link disaster recovery strategies and programs to actual and desired outcomes among renters from their lived experiences, and (4) translate this research into actionable programmatic recommendations with appropriate timelines, policy making and implementation changes. This year, the Shimberg Center interviewed renters affected by disasters and documented their experiences with CDBG-DR and other recovery programs. The Center and Florida Sea Grant are launching “Connecting resilient communities and economies: Characterizing the link between water-dependent businesses and affordable housing.” This research will lead to a better understanding of housing types for workers in water-dependent industries, housing and business needs of communities with water-dependent economies in Florida, and how changes in the availability and distribution of affordable workforce housing affect the recovery of water-dependent industries after disasters. Technical Assistance, Presentations, and Publications Under the Florida Housing Data Clearinghouse contract, the Shimberg Center provides extensive pro bono technical assistance to state and local agencies, the housing industry, non-profit organizations, and the public in the assessment of affordable housing needs. Examples of technical assistance during 2024 included providing mortgage lending data to the Office of Economic Vitality in Tallahassee, providing affordable housing needs data to the Community Foundation of Sarasota for a four-county area as background information for a new housing dashboard, assisting the American Red Cross with integrating housing needs data into post-disaster training, providing data to the Florida Supportive Housing Coalition to assist in planning to address elder homelessness, and providing data on children’s homelessness to the Housing First for Children collaborative in Alachua County. The Shimberg Center team made a number of public presentations in Florida and nationally in 2024: • National Human Services Data Consortium, Kansas City • JUST Pensacola Summit on Affordable Housing, Pensacola 23 • Community Legal Services of Mid-Florida training, Orlando • Florida Association of Counties, Orlando • National Low Income Housing Coalition Disaster Recovery Convenings, Washington DC • Florida Sea Grant Symposium, Gainesville • Rinker School of Construction Management Advanced Modular Housing Design Convening, Gainesville • Florida Housing Coalition Statewide Housing Conference, Orlando • Alachua County Affordable Housing Advisory Committee, Gainesville • BOLD Justice, Broward County Shimberg Center faculty and staff also co-authored the following peer-reviewed articles published in 2024: • Enderami, S. A., Sutley, E., Helgeson, J., Dueñas-Osorio, L., Watson, M., & van de Lindt, J. W. (2024). Measuring post-disaster accessibility to essential goods and services: proximity, availability, adequacy, and acceptability dimensions. Journal of Infrastructure Preservation and Resilience, 5(1), 12. • Yeganeh, N., Kang, S., Ray, A., Watson, M., & Denton, B. (2024). Filling the blindspots: Assessing distributive equity in fund allocation of Florida's local housing program for disaster recovery. International Journal of Disaster Risk Reduction, 111, 104708. • Safayet, M., Connors, J. P. C., & Watson, M. (2024). Measuring access to food banks and food pantries: A scoping review of spatial analysis approaches. Health & Place, 88, 103251. • Rosenheim, N. P., Watson, M., Casellas Connors, J., Safayet, M., & Peacock, W. G. (2024). Food Access After Disasters: A Multidimensional View of Restoration After Hurricane Harvey. Journal of the American Planning Association, 1-19. • Watson, M., Xiao, Y., & Helgeson, J. (2024). Using disaster surveys to model business interruption. Natural Hazards Review, 25(1), 05023013. Teaching and Graduate Education Shimberg Center faculty offered courses in housing, sustainability, and the built environment in conjunction with the College of Design, Construction, and Planning: • Construction Management 6583, Sustainable Housing: graduate course examining sustainability concepts, urban development, residential structures and systems, green building standards, and housing economics • UF Quest 2935, Foundations, Principles and Applications of Sustainable Development: undergraduate interdisciplinary course covering sustainability concepts, environmental ethics, resilience, energy, water resources, and the built environment • Construction Finance 5905: graduate course introducing students to financial management principles and analysis In addition, the Shimberg Center provides professional and academic experience by employing master’s and PhD students from the College of Design, Construction, and Planning as research assistants. This year, graduate students from the Shimberg Center fielded a team for Hack-A-House 2024, a 24-hour hackathon for students sponsored by Ivory Innovations. The Shimberg team developed a proposal to encourage accessory dwelling units as an affordable housing strategy, including a case study for Orlando. 24 APPENDIX 1. COUNTY HOUSING SUPPLY, 2024 County Single Family Condominium Mobile Home Multifamily 2-9 Unit Multifamily 10+ Unit Parcels % Homesteaded Parcels % Homesteaded Parcels % Homesteaded Parcels % Homesteaded Dwelling Units Parcels Dwelling Units Alachua 64,515 72% 7,202 23% 5,624 62% 1,608 5% 5,187 375 26,702 Baker 5,066 76% 0 0% 2,468 67% 55 0% 127 5 115 Bay 62,847 59% 19,675 9% 8,580 48% 2,028 17% 5,588 132 12,726 Bradford 5,985 73% 21 62% 2,684 63% 26 23% 61 14 (X) Brevard 207,160 72% 35,913 38% 11,289 54% 3,001 22% 8,010 288 29,215 Broward 390,140 77% 253,080 42% 4,143 45% 16,446 15% 48,790 1,646 127,708 Calhoun 2,616 70% 0 0% 1,173 67% 14 14% 40 1 (X) Charlotte 84,778 65% 14,993 35% 5,072 42% 1,601 14% 3,705 88 3,097 Citrus 59,566 74% 1,622 37% 15,741 55% 567 10% 1,620 44 1,403 Clay 67,079 75% 2,398 37% 9,549 62% 290 7% 1,017 56 7,249 Collier 107,914 66% 101,380 32% 3,494 36% 1,949 16% 6,112 127 15,403 Columbia 13,773 71% 48 44% 7,851 65% 228 6% (X) 39 (X) DeSoto 6,094 66% 605 46% 2,712 47% 259 13% 770 33 1,011 Dixie 2,903 59% 159 9% 3,808 60% 5 20% (X) 1 (X) Duval 287,812 67% 27,534 39% 9,342 48% 5,141 14% 15,544 713 104,317 Escambia 104,902 66% 10,440 15% 4,871 44% 4,544 30% 10,755 210 18,868 Flagler 50,353 74% 4,437 38% 1,701 63% 1,518 13% (X) 20 511 Franklin 6,838 39% 455 8% 1,321 52% 7 0% (X) 1 (X) Gadsden 11,397 66% 0 0% 3,732 57% 162 28% 359 18 310 Gilchrist 2,949 77% 0 0% 2,958 68% 26 38% 65 2 61 Glades 1,926 60% 258 29% 2,229 50% 146 42% 323 3 70 Gulf 7,184 44% 288 1% 1,691 48% 21 5% 63 5 239 Hamilton 2,018 64% 0 0% 1,528 71% 168 61% 334 9 (X) Hardee 4,345 67% 0 0% 1,698 46% 197 30% 522 18 742 Hendry 7,956 66% 317 20% 4,543 54% 356 28% 897 17 419 Hernando 69,674 71% 633 48% 12,078 57% 492 8% 1,259 67 4,206 25 County Single Family Condominium Mobile Home Multifamily 2-9 Unit Multifamily 10+ Unit Parcels % Homesteaded Parcels % Homesteaded Parcels % Homesteaded Parcels % Homesteaded Dwelling Units Parcels Dwelling Units Highlands 34,761 66% 1,345 38% 5,356 42% 824 11% 2,065 59 1,655 Hillsborough 383,354 74% 40,245 41% 13,617 54% 4,625 8% 12,829 893 136,466 Holmes 3,493 68% 0 0% 1,406 61% 15 27% 35 7 (X) Indian River 58,386 73% 15,043 39% 1,093 44% 744 10% 2,038 55 3,741 Jackson 10,391 67% 0 0% 3,137 65% 56 11% 217 62 253 Jefferson 2,908 72% 0 0% 1,310 64% 51 27% 180 17 241 Lafayette 1,032 68% 0 0% 843 58% 8 13% (X) 1 (X) Lake 127,454 73% 3,626 49% 16,315 60% 1,344 8% 3,547 177 15,812 Lee 258,226 65% 84,717 35% 14,455 38% 10,777 20% 24,347 301 35,410 Leon 74,008 71% 5,023 17% 6,777 54% 2,322 7% 6,544 369 33,716 Levy 8,224 73% 238 13% 9,693 63% 67 9% 207 12 423 Liberty 1,398 65% 0 0% 821 47% 59 71% 122 5 (X) Madison 3,255 60% 0 0% 1,775 66% 165 56% 392 10 395 Manatee 123,271 69% 35,484 40% 4,684 38% 4,436 18% 10,019 201 24,150 Marion 130,947 70% 2,504 38% 24,411 53% 3,675 38% 9,132 107 8,659 Martin 50,478 77% 15,003 45% 2,936 52% 1,078 14% 2,788 70 5,912 Miami-Dade 384,027 77% 384,248 37% 301 17% 31,580 26% 85,109 3,619 199,484 Monroe 29,642 43% 6,975 18% 4,685 25% 1,756 25% 4,536 46 3,098 Nassau 31,471 74% 4,092 23% 6,299 65% 366 27% 879 28 2,250 Okaloosa 70,612 61% 13,590 11% 3,353 46% 759 6% (X) 182 (X) Okeechobee 7,592 70% 235 23% 5,897 48% 347 31% 898 10 367 Orange 340,145 69% 51,890 26% 6,261 52% 4,029 11% 10,030 1,144 167,367 Osceola 129,938 59% 13,802 16% 5,440 54% 1,053 9% 2,709 938 26,903 Palm Beach 380,717 73% 186,031 41% 3,677 32% 10,216 17% 28,539 856 78,341 Pasco 190,800 72% 11,846 44% 29,495 51% 3,131 38% (X) 239 19,301 Pinellas 253,007 76% 104,150 47% 17,032 46% 12,466 29% 32,333 876 71,859 Polk 219,870 65% 8,509 32% 31,735 50% 6,687 18% 17,304 301 28,317 Putnam 17,321 66% 197 29% 15,555 54% 151 15% 381 30 1,287 26 County Single Family Condominium Mobile Home Multifamily 2-9 Unit Multifamily 10+ Unit Parcels % Homesteaded Parcels % Homesteaded Parcels % Homesteaded Parcels % Homesteaded Dwelling Units Parcels Dwelling Units Santa Rosa 65,728 74% 1,755 18% 6,521 49% 672 7% 1,731 63 3,164 Sarasota 160,657 68% 53,113 39% 11,570 39% 4,752 37% 11,038 194 18,235 Seminole 133,265 75% 15,077 35% 1,711 55% 1,148 12% 2,633 214 (X) St. Johns 104,621 76% 14,583 37% 5,484 61% 1,624 44% (X) 59 7,907 St. Lucie 121,797 75% 14,606 39% 4,549 51% 1,493 9% 3,403 87 6,651 Sumter 70,453 72% 514 62% 6,440 52% 119 9% 374 26 3,234 Suwannee 6,406 68% 0 0% 6,934 64% 62 5% 200 8 (X) Taylor 5,525 58% 76 1% 3,236 54% 21 14% 65 11 344 Union 1,445 80% 18 11% 1,232 70% 1 0% (X) 15 (X) Volusia 188,238 71% 28,396 30% 7,387 57% 2,639 15% 7,284 311 26,838 Wakulla 9,594 74% 336 36% 3,424 61% 31 3% (X) 4 174 Walton 38,243 43% 10,817 6% 5,466 43% 643 42% 1,544 39 1,599 Washington 5,219 67% 0 0% 2,690 56% 21 0% (X) 0 0 Florida Total 5,875,709 71% 1,609,542 37% 436,883 52% 156,868 21% 408,210 15,578 1,288,421 Source: Florida Department of Revenue, Name-Address-Legal File. Includes all parcels by housing type regardless of year built. Homesteaded parcels are the owner’s primary residence. Multifamily dwelling unit totals may be undercounts due to missing or incomplete data for a small number of counties. County-level dwelling unit counts are suppressed (marked with ‘X’) in counties where total dwelling units are less than 2 times the number of parcels for the multifamily 2-9 unit category and less than 10 times the number of parcels for the multifamily 10+ unit category 27 APPENDIX 2. HOUSING PRODUCTION BY COUNTY AND HOUSING TYPE, 2023 County Single Family Condominium Mobile Home Multifamily 2-9 Unit Multifamily 10+ Unit Alachua 964 16 44 3 9 Baker 101 0 23 0 1 Bay 2,683 46 165 27 3 Bradford 67 0 40 0 0 Brevard 5,086 122 66 7 7 Broward 1,484 152 24 19 23 Calhoun 17 0 14 0 0 Charlotte 4,358 565 73 128 5 Citrus 1,465 3 148 20 0 Clay 1,747 0 93 0 2 Collier 3,618 776 24 6 6 Columbia 169 0 74 0 0 DeSoto 95 0 28 1 2 Dixie 15 0 36 0 0 Duval 4,736 9 73 39 18 Escambia 1,825 60 40 10 6 Flagler 2,633 0 23 143 2 Franklin 173 17 22 0 0 Gadsden 135 0 33 0 0 Gilchrist 102 0 38 0 0 Glades 112 0 23 0 0 Gulf 334 49 44 0 0 Hamilton 18 0 19 0 0 Hardee 47 0 17 2 1 Hendry 560 36 55 1 0 Hernando 1,504 1 104 8 1 Highlands 588 0 20 10 0 Hillsborough 6,150 122 52 13 15 Holmes 25 0 24 0 0 Indian River 993 107 7 3 4 Jackson 96 0 25 0 2 Jefferson 49 0 26 0 0 Lafayette 5 0 16 0 0 Lake 7,783 27 96 7 1 Lee 10,702 625 224 367 13 Leon 613 66 24 6 5 Levy 187 0 167 0 0 Liberty 14 0 14 0 0 Madison 35 0 22 1 0 28 County Single Family Condominium Mobile Home Multifamily 2-9 Unit Multifamily 10+ Unit Manatee 6,511 40 17 7 25 Marion 6,245 2 213 44 6 Martin 568 30 11 4 5 Miami-Dade 1,464 2,437 1 115 47 Monroe 342 51 7 3 1 Nassau 1,655 8 63 1 0 Okaloosa 1,243 38 76 7 6 Okeechobee 123 0 56 4 0 Orange 4,893 0 33 15 40 Osceola 6,279 172 29 8 13 Palm Beach 3,769 357 22 15 11 Pasco 8,071 0 173 4 13 Pinellas 957 396 41 80 7 Polk 9,380 6 137 28 12 Putnam 164 0 159 0 0 Santa Rosa 1,622 0 117 8 3 Sarasota 5,362 325 114 12 4 Seminole 1,142 12 11 0 6 St. Johns 5,565 21 64 7 7 St. Lucie 4,441 35 13 1 9 Sumter 948 0 32 0 4 Suwannee 102 0 126 0 0 Taylor 42 0 34 0 0 Union 35 0 19 0 0 Volusia 4,165 6 47 12 7 Wakulla 346 56 33 0 0 Walton 1,867 0 160 3 2 Washington 128 0 43 0 0 Florida Total 138,717 6,791 3,911 1,199 354 Source: Florida Department of Revenue, Name-Address-Legal File. Includes parcels in the current parcel inventory with actual year built 2023. Multifamily 2-9 and 10+ counts refer to parcels, not individual dwelling units. 29 APPENDIX 3. SALES VOLUME AND PRICES (2024 $) BY COUNTY, 2023 County Single Family Condominium Mobile Home Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Alachua 3,165 $261,054 $347,728 $449,777 523 $147,036 $185,730 $228,035 149 $123,717 $177,476 $234,742 Baker 222 $266,213 $298,716 $401,074 0 - - - 43 $144,457 $199,144 $268,277 Bay 4,647 $292,938 $373,627 $513,338 1,412 $314,710 $438,530 $613,942 270 $118,661 $168,705 $223,805 Bradford 177 $180,571 $257,959 $335,346 4 $214,106 $229,532 $301,760 82 $89,357 $152,196 $227,932 Brevard 12,512 $305,423 $370,325 $490,121 1,973 $188,826 $278,492 $435,950 615 $127,844 $173,864 $211,526 Broward 17,252 $429,243 $562,350 $790,643 13,794 $174,896 $247,640 $361,142 205 $154,775 $206,367 $257,855 Calhoun 50 $134,138 $197,596 $250,736 0 - - - 11 $25,796 $122,788 $190,889 Charlotte 5,886 $319,869 $386,938 $509,726 1,428 $245,577 $313,678 $389,002 297 $92,865 $149,616 $216,685 Citrus 3,626 $232,163 $285,457 $381,779 109 $165,094 $191,921 $283,755 641 $98,024 $152,712 $208,431 Clay 4,031 $299,232 $361,142 $429,759 158 $156,839 $204,303 $247,640 406 $108,343 $185,730 $242,481 Collier 6,435 $546,976 $722,284 $1,196,928 5,184 $355,983 $495,281 $823,920 109 $206,367 $257,959 $319,766 Columbia 607 $190,889 $273,436 $366,301 4 $161,998 $175,412 $188,310 215 $118,661 $175,412 $237,322 DeSoto 270 $199,144 $278,595 $369,397 36 $213,332 $229,532 $296,652 100 $101,068 $152,608 $225,714 Dixie 112 $114,018 $174,380 $276,016 13 $214,622 $288,914 $386,938 118 $74,292 $120,725 $185,730 Duval 15,323 $237,322 $318,837 $423,052 1,648 $175,412 $227,004 $296,652 287 $87,706 $144,457 $216,685 Escambia 5,459 $227,004 $302,121 $386,938 431 $185,730 $417,893 $748,080 80 $67,069 $113,657 $159,934 Flagler 3,947 $326,060 $378,890 $478,874 313 $273,436 $425,116 $660,374 82 $170,253 $232,163 $267,245 Franklin 341 $308,519 $464,326 $851,264 37 $287,366 $309,550 $464,326 43 $67,069 $123,820 $154,775 Gadsden 312 $135,686 $242,481 $335,295 0 - - - 48 $67,069 $90,286 $141,361 Gilchrist 151 $232,163 $294,073 $376,620 0 - - - 131 $103,183 $180,571 $247,640 Glades 79 $230,615 $308,519 $374,969 11 $30,955 $63,974 $134,138 79 $113,502 $175,412 $222,876 Gulf 502 $366,198 $495,848 $644,897 13 $397,256 $567,509 $768,717 56 $70,681 $124,852 $196,049 Hamilton 46 $77,388 $163,546 $283,755 0 - - - 32 $77,542 $153,176 $220,297 Hardee 123 $155,807 $255,895 $319,869 0 - - - 40 $82,805 $123,820 $162,256 30 County Single Family Condominium Mobile Home Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Hendry 592 $263,273 $302,895 $361,091 34 $198,628 $234,742 $252,696 101 $134,138 $204,303 $268,277 Hernando 4,372 $273,436 $329,155 $383,585 45 $120,725 $177,476 $232,163 633 $139,298 $177,476 $221,844 Highlands 1,659 $196,049 $255,895 $331,219 110 $128,979 $158,851 $204,303 262 $76,356 $108,343 $144,457 Hillsborough 20,732 $335,346 $417,893 $562,350 2,484 $185,730 $249,704 $383,069 374 $160,347 $236,290 $303,359 Holmes 199 $113,502 $165,094 $224,940 0 - - - 45 $30,955 $72,228 $139,298 Indian River 3,336 $321,932 $402,312 $587,217 1,109 $195,945 $276,532 $541,713 36 $113,502 $157,871 $208,947 Jackson 315 $123,820 $180,468 $268,277 0 - - - 63 $82,547 $139,194 $185,730 Jefferson 129 $195,533 $301,812 $412,734 0 - - - 21 $82,547 $154,775 $211,526 Lafayette 27 $108,343 $190,889 $295,621 0 - - - 15 $77,388 $139,298 $204,303 Lake 5,283 $299,129 $371,460 $477,533 263 $144,457 $212,558 $288,398 700 $128,979 $185,730 $232,163 Lee 18,487 $341,527 $417,415 $603,623 4,258 $257,959 $345,665 $464,326 815 $103,183 $154,775 $219,265 Leon 3,137 $221,844 $314,710 $439,458 413 $102,152 $165,094 $224,940 174 $59,950 $95,703 $149,616 Levy 415 $201,208 $288,914 $371,460 23 $147,552 $255,379 $376,620 374 $91,833 $147,604 $206,264 Liberty 27 $85,126 $165,094 $294,073 0 - - - 17 $67,069 $123,820 $154,775 Madison 91 $118,661 $180,571 $306,455 0 - - - 46 $84,610 $142,806 $232,163 Manatee 11,011 $407,575 $505,496 $696,488 2,235 $229,583 $335,346 $500,440 237 $103,183 $159,934 $215,138 Marion 11,178 $252,696 $300,264 $376,516 237 $119,693 $134,138 $154,775 964 $82,547 $143,425 $200,176 Martin 2,617 $412,734 $572,668 $846,104 911 $206,367 $268,277 $397,256 139 $155,704 $206,367 $249,704 Miami-Dade 12,345 $495,281 $619,101 $846,104 19,117 $302,328 $438,530 $650,056 1 $247,640 $247,640 $247,640 Monroe 1,137 $758,398 $1,106,643 $1,981,122 345 $572,668 $822,063 $1,444,568 169 $355,983 $464,326 $742,921 Nassau 2,540 $369,190 $446,268 $619,359 237 $433,371 $644,897 $856,423 193 $163,030 $223,908 $273,436 Okaloosa 3,950 $299,232 $355,983 $464,326 833 $330,187 $536,554 $773,876 87 $91,421 $151,680 $205,335 Okeechobee 371 $206,367 $278,595 $361,142 22 $123,820 $134,138 $148,584 302 $109,271 $165,094 $232,163 Orange 16,702 $368,159 $470,878 $638,499 3,081 $165,094 $216,685 $278,595 264 $128,928 $180,571 $248,672 Osceola 11,078 $361,142 $425,116 $526,236 1,069 $224,940 $283,755 $392,097 238 $165,094 $230,615 $299,232 Palm Beach 14,925 $505,599 $681,011 $1,029,771 11,019 $183,667 $273,436 $423,052 116 $140,845 $167,931 $207,915 Pasco 15,623 $302,328 $380,747 $497,241 833 $137,234 $169,221 $216,685 1,371 $92,865 $143,425 $201,208 31 County Single Family Condominium Mobile Home Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Number of Sales 25th Percentile Price 50th Percentile Price (Median) 75th Percentile Price Pinellas 10,223 $350,824 $454,007 $644,897 6,329 $197,596 $273,436 $452,975 841 $118,661 $154,775 $195,945 Polk 17,650 $299,129 $343,395 $404,479 634 $134,138 $165,094 $235,258 1,493 $113,502 $157,871 $211,526 Putnam 672 $153,227 $232,163 $325,028 12 $302,328 $311,356 $341,021 542 $82,547 $144,457 $206,161 St. Johns 8,845 $402,312 $520,767 $706,807 933 $273,436 $366,301 $546,872 220 $187,278 $242,481 $294,073 St. Lucie 8,694 $357,531 $412,940 $496,828 909 $201,208 $312,130 $500,440 188 $162,772 $229,532 $282,207 Santa Rosa 3,988 $299,232 $366,301 $453,904 113 $319,869 $505,599 $773,876 176 $103,183 $156,839 $201,208 Sarasota 9,963 $394,780 $521,076 $742,818 3,204 $298,922 $397,256 $758,398 581 $114,534 $159,934 $211,526 Seminole 6,094 $350,824 $431,152 $552,032 893 $170,253 $201,208 $254,347 58 $123,820 $190,373 $257,959 Sumter 5,000 $321,932 $400,352 $514,885 30 $131,043 $215,395 $242,481 227 $98,024 $146,521 $188,826 Suwannee 209 $171,285 $251,768 $330,187 0 - - - 231 $108,343 $154,775 $225,972 Taylor 189 $118,661 $188,826 $309,550 12 $170,253 $208,431 $257,443 93 $113,502 $154,775 $197,080 Union 30 $188,619 $255,327 $322,448 0 - - - 23 $72,228 $146,624 $231,131 Volusia 10,692 $305,423 $367,333 $457,051 1,815 $179,539 $309,550 $495,281 315 $139,298 $190,889 $252,799 Wakulla 633 $222,567 $299,129 $392,097 25 $185,730 $206,264 $271,372 97 $61,910 $128,979 $171,285 Walton 3,031 $415,210 $711,863 $1,443,537 761 $459,166 $673,272 $1,083,426 165 $113,502 $187,794 $237,322 Washington 189 $148,894 $227,004 $283,755 0 - - - 51 $70,165 $139,298 $196,049 Florida Total 333,655 $323,893 $415,107 $591,241 91,439 $211,526 $316,773 $505,599 17,197 $108,343 $165,094 $227,004 Source: Florida Department of Revenue, Sales Data File. Based on property sales that took place in 2023, the most recent full year with data available. Arms-length sales only. Prices adjusted to 2024 dollars using the Consumer Price Index. 32 APPENDIX 4. SURPLUS/DEFICIT OF AFFORDABLE AND AVAILABLE RENTAL HOUSING UNITS BY INCOME (% AMI), MODIFIED METROPOLITAN STATISTICAL AREAS & HUD METRO FAIR MARKET RENT AREAS, 2023 Modified Metropolitan Statistical Area (MSA)/HUD Metro Fair Market Rent Area (HMFA) Counties Affordable/Available Units Minus Renter Households 0-30% AMI 0-40% AMI 0-50% AMI 0-60% AMI 0-80% AMI 0-120% AMI Cape Coral-Fort Myers, FL MSA Lee -10,362 -13,886 -18,311 -20,335 -17,333 -352 Crestview-Fort Walton Beach-Destin, FL HMFA Okaloosa -4,513 -4,421 -5,019 -5,559 -4,176 590 Deltona-Daytona Beach-Ormond Beach, FL HMFA Volusia -8,523 -10,609 -12,009 -13,251 -10,566 1,917 Fort Lauderdale, FL HMFA Broward -40,187 -50,266 -68,112 -82,200 -84,345 -37,884 Gainesville, FL HMFA (minus Gilchrist) Alachua -7,896 -7,791 -10,683 -5,440 -471 2,576 Homosassa Springs, FL MSA Citrus -1,975 -2,714 -3,578 -3,715 -2,425 -284 Jacksonville, FL HMFA/Baker County, FL HMFA (plus Putnam) Baker, Clay, Duval, Nassau, Putnam, St. Johns -33,555 -42,526 -48,760 -47,290 -22,307 8,210 Lakeland-Winter Haven, FL MSA Polk -10,600 -11,227 -14,412 -12,526 -11,681 -2,636 Miami-Miami Beach-Kendall, FL HMFA (plus Monroe) Miami-Dade, Monroe -58,509 -79,672 -100,810 -119,801 -143,805 -78,510 Naples-Immokalee-Marco Island, FL MSA Collier -5,489 -6,634 -8,554 -8,566 -7,432 -1,183 North Port-Sarasota-Bradenton, FL MSA Manatee, Sarasota -11,302 -14,560 -19,907 -20,916 -19,776 -2,801 Northeast Nonmetropolitan Area (plus Gilchrist and Levy) Bradford, Columbia, Dixie, Gilchrist, Hamilton, Lafayette, Levy, Madison, Suwannee, Taylor, Union -2,637 -3,212 -2,653 -2,483 -1,065 307 Northwest Nonmetropolitan Area (plus Gadsden, Jefferson, Wakulla, and Walton) Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Jefferson, Liberty, Wakulla, Walton, Washington -4,103 -3,595 -3,143 -2,949 -1,493 -678 Ocala, FL MSA Marion -5,773 -6,917 -5,826 -7,590 -6,929 -221 Orlando-Kissimmee-Sanford, FL MSA Lake, Orange, Osceola, Seminole -50,796 -70,248 -91,670 -97,707 -85,074 5,274 Palm Bay-Melbourne-Titusville, FL MSA Brevard -8,232 -11,716 -14,116 -13,643 -3,756 6,913 Palm Coast, FL HMFA Flagler -1,127 -1,619 -2,638 -3,038 -2,133 -761 Panama City-Lynn Haven, FL MSA Bay -3,344 -4,370 -4,445 -2,381 -1,574 2,428 Pensacola-Ferry Pass-Brent, FL MSA Escambia, Santa Rosa -5,947 -6,918 -7,556 -5,957 -1,928 1,914 Port St. Lucie, FL MSA Martin, St. Lucie -5,581 -9,172 -11,708 -12,491 -10,136 -3,440 33 Modified Metropolitan Statistical Area (MSA)/HUD Metro Fair Market Rent Area (HMFA) Counties Affordable/Available Units Minus Renter Households 0-30% AMI 0-40% AMI 0-50% AMI 0-60% AMI 0-80% AMI 0-120% AMI Punta Gorda, FL MSA Charlotte -1,951 -3,192 -3,481 -3,340 -1,997 -239 Sebastian-Vero Beach, FL MSA Indian River -2,128 -2,846 -2,562 -2,523 -1,109 -66 South Nonmetropolitan Area (minus Monroe, plus Highlands) DeSoto, Glades, Hardee, Hendry, Highlands -3,002 -4,161 -4,935 -3,848 -1,582 -677 Tallahassee, FL HMFA (minus Gadsden and Jefferson) Leon -6,761 -9,591 -10,489 -6,065 -584 2,738 Tampa-St. Petersburg-Clearwater, FL MSA Hernando, Hillsborough, Pasco, Pinellas -56,633 -71,137 -89,352 -91,197 -70,247 4,873 The Villages, FL MSA Sumter -1,497 -1,076 -1,920 -2,660 -1,056 537 West Palm Beach-Boca Raton, FL HMFA Palm Beach -25,598 -35,101 -43,487 -43,270 -37,699 -6,864 State of Florida Total -378,021 -485,016 -610,136 -640,741 -552,679 -98,319 Source: Shimberg Center analysis of U.S. Census Bureau, 2023 American Community Survey. County groupings are based on HUD Metro Fair Market Rent Areas (HMFAs), modified to accommodate availability of county-level data in the American Community Survey Public Use Microdata Areas (PUMAs). See https://www.huduser.gov/portal/datasets/il/il24/area-definitions-FY24.pdf for HUD area definitions. In cases where cross-county PUMA boundaries do not allow separation, counties are shifted to another HMFA or non-metropolitan grouping, as noted in the first column. Jacksonville and Baker County HMFAs are combined for the same reason. Values are the difference between renter households and affordable/available units at each income level. Negative value means that renter households outnumber affordable/available units. Student-headed, non-family households and substandard units are excluded.