Gov. Scott approves 1,300 new affordable housing units in the Keys

Residents of those units would be required to evacuate their homes 48 hours before a hurricane makes landfall

Miami /
Jun.June 15, 2018 03:30 PM

Aerial shot of the Florida Keys (Credit: Pixabay)

The Florida Keys could receive up to 1,300 new workforce housing units thanks to an initiative proposed by the state’s department of economic opportunity.

On Wednesday, Gov. Rick Scott approved the proposal as part of an effort to combat the Keys’ growing affordable housing crisis, which worsened last year after Hurricane Irma battered many of its working-class neighborhoods, including Big Pine Key and Cudjoe Key.

New development in the Keys must first be approved by the state, since it’s considered an area of critical state concern.

The state requires residents to leave Monroe County within 24 hours of a hurricane making landfall, but under the new proposal, residents living in those affordable housing units would be required to evacuate 48 hours before, prior to other residents, according to WLRN.

Local governments now have the option to choose to participate in the initiative. Each community in the Keys could get up to 300 units. [WLRN] – Amanda Rabines


Related Articles

arrow_forward_ios
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steven and Beth Millner with One Thousand Ocean (Patrick McMullan/Getty, Google Maps)
Private equity honcho pays $5M for Boca Raton condo
Private equity honcho pays $5M for Boca Raton condo
86800 Overseas Highway, Islamorada (Google Maps, iStock)
Islamorada closes administrative building due to Covid-19
Islamorada closes administrative building due to Covid-19
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Lennar Executive Chairman Stuart Miller (iStock)
“The home used to be just shelter. Now it is the hub of our entire lives”: Lennar reports strong Q4, full-year results
“The home used to be just shelter. Now it is the hub of our entire lives”: Lennar reports strong Q4, full-year results
Curtis Skomp and Anthony Askowitz with 98800 Overseas Highway, Key Largo and 410 Caroline Street, Key West (RE/MAX)
RE/MAX Advance Realty acquires Florida Keys brokerage
RE/MAX Advance Realty acquires Florida Keys brokerage
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...