23.06.2014 Views

Supporting Documents (Data and Analysis) - Satellite Beach

Supporting Documents (Data and Analysis) - Satellite Beach

Supporting Documents (Data and Analysis) - Satellite Beach

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

congestion, thereby reducing the quality of life in affected communities <strong>and</strong> increasing costs to<br />

residents <strong>and</strong> taxpayers in a number of ways.<br />

Providing homeownership opportunities <strong>and</strong> attainable rents in the City of <strong>Satellite</strong> <strong>Beach</strong> will<br />

help working families <strong>and</strong> individuals live near their jobs. Enabling the City’s governmental<br />

(police, fire, municipal, teachers, etc.), healthcare, <strong>and</strong> service industry workers to live in the City<br />

will add to the sense of community in <strong>Satellite</strong> <strong>Beach</strong>. These workers <strong>and</strong> their families will be<br />

more likely to volunteer their time for programs <strong>and</strong> events <strong>and</strong> help promote civic pride in the<br />

City.<br />

In addition, as the City strives to increase a diversified tax base by encouraging new businesses to<br />

locate in <strong>Satellite</strong> <strong>Beach</strong>, these potential businesses could view the lack of attainable local<br />

housing for their workforce as a possible deterrent to locating in the City. Developing a<br />

comprehensive program to help foster the development of workforce housing in the City could<br />

help increase the commercial tax base.<br />

However, as the City works to address the issue of workforce housing, probably the single<br />

greatest factor in the City’s ability to provide programs, incentives, or plans will be the lack of<br />

available developable l<strong>and</strong> in which to implement any of these strategies, as they typically occur<br />

as a component of new development. But as existing housing <strong>and</strong> residential development is<br />

redeveloped, programs, incentives, or plans can be implemented at that point.<br />

Subsidized Units<br />

There are no subsidized rental projects for low income residents within the City of <strong>Satellite</strong><br />

<strong>Beach</strong>. In addition, the City of <strong>Satellite</strong> <strong>Beach</strong> does not operate any of its own local programs.<br />

The Shimberg Center for Affordable Housing recorded affordable housing units in areas where it<br />

is most needed. Presently, with the City 98% built-out <strong>and</strong> without a documented need for<br />

subsidized housing, the City will continue to coordinate with the County <strong>and</strong> participate in the<br />

county-wide Community Development Block Grant Program.<br />

Historically Significant Housing<br />

There are no known historical structures within the City of <strong>Satellite</strong> <strong>Beach</strong>. No such structures<br />

are listed on the Florida Master Site File at the Florida Department of State, Division of<br />

Historical Resources. In addition, neither the County nor the City identified historically<br />

significant housing within the City.<br />

Economic Characteristics of Housing<br />

The most important considerations in analyzing the economic characteristics of housing are: the<br />

ratio of housing cost to household income of the housing market population (affordability); the<br />

range of housing types <strong>and</strong> value/cost to assure housing opportunities for persons <strong>and</strong> families in<br />

various income groups (accessibility); <strong>and</strong> the ability of the private sector to provide housing in<br />

response to market dem<strong>and</strong> (availability). The higher housing cost in <strong>Satellite</strong> <strong>Beach</strong> is largely<br />

Housing Element<br />

<strong>Data</strong> <strong>and</strong> <strong>Analysis</strong> 3-6

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!