As our community continues to grow it is becoming ever more difficult to come across quality living spaces for the students, millennials just starting careers, elderly, and service employees, and others who just want a simple place to live. Our developers continue to pump out communities of $250,000+ homes with high HOA fees and CDD Bond Fees, but there is very little development of simple single family or duplex type houses that can be had for a modest budget.
Yesterday I had the privilege of sitting in on a workshop of the Manatee County Commissioners to address the Housing issues of Manatee County. Out of this final session I believe there is a consensus that we must serve the more budget constrained residents of our communities in a better way. There are blighted areas of our communities, that with the proper business arrangements can be brought back to a livable standard. We have to work together for the cause. Greed and profit cannot be the motivator, it has to be realistic. A developer has to cover his costs but can make a profit as well if the transaction is built and structured in a positive partnering way, that benefits the community. Many blighted parcels of land and boarded up homes are sitting on the county roles creating zero tax revenue for the community and they can be sold at a fair price to developers who are willing to do the work to bring them back to life and get them rented or purchased by folks who need good housing options, thus creating new tax revenue for the community and cleaning up our streets at the same time. It will be interesting to see how this plan comes along and I wish the commissioners and elected officials well on this journey.
Here is an article out of the Bradenton Herald addressing one of the conversations that was had at the workshop. http://www.bradenton.com/news/local/article95950172.html