*Please note SFCDC is not the organizer of this event.
“An exciting all day event that will drill down on four subjects critical to facilitating the development of more affordable housing in Miami-Dade County. Each panel will get approximately two hours to get into the substance of the subject and allow for extensive engagement with the audience.
The four subjects to be addressed:
Naturally Occurring Affordable Housing (NOAH): Over 50% of all “affordable” rental housing stock in the United States are owned by “mom and pops” in the form of 1 to 4 unit dwellings that do not receive any direct government subsidy for operations or capital improvements. In the City of Miami, recent data indicate that over 50% of rental units have gross rent of less than $1000. What are some programs and strategies being pursued/implemented in other jurisdictions in the U.S. to preserve NOAH? What could be done by jurisdictions within Miami-Dade County? This panel will consist of experts from the Minnesota Finance Authority, Community Investment Corporation (Chicago), Enterprise Community Partners, and the University of Miami’s Office of Civic and Community Engagement.
Insurance: There are major changes for the federal National Flood Insurance Program (NFIP) being worked on in Congress. Actuaries are reconfiguring risk zones for flooding, wind and other hazards which will impact pricing for not just federal flood insurance, but for all manner of insurance related to risk mitigation. Crime and safety can also have surprising impacts on homeowners and other forms of property insurance. Are policy makers, planners, and developers ready to address these issues and incorporate the change in insurance environment in the development of affordable housing? We have panel members from Washington, DC who will report on what Congress is doing with NFIP; a panel member from a leading national insurance brokerage firm to discuss the S. Florida insurance market; and the Director of Miami-Dade County’s Office of Resilience.
Faster Government Approval Processes: Time is money. There is significant impact on the bottom line of a pro forma if a project takes 6 months versus 3 years to get all local government approvals needed, in order to break ground. Learn what jurisdictions in Colorado (Denver), Montgomery County (Maryland), and Florida (Miami-Dade County) are trying to do about significantly cutting the time it takes to get all the approvals necessary from local government for affordable housing projects to proceed. Should laws be passed to facilitate faster processing, or can we trust government administrators to create truly new and effective ways to get all the permits needed in order to start construction?
Incentives: Are density bonuses enough? Do we know what other incentives are provided for in Miami-Dade County’s “new” workforce housing program? Do we know how far the City of Miami has gone to use property tax and impact fee abatement tools to encourage workforce housing unit construction? What do leading developers think about incentives, and what suggestions do they have for policy makers in the myriad of local government jurisdictions in Miami-Dade County? This session’s panel will have representatives from the planning departments of the County and City, two principals of major development firms, and will be moderated by the lead author of the Urban Institute’s research report, “Miami and the State of Low- and Middle-Income Housing” [Strategies to Preserve Affordability and Opportunities for the Future], published in March 2017.
Naturally Occurring Affordable Housing (NOAH)
Margaret Kaplan, Community Development Director, Minnesota Housing Finance Agency
Sara Hass, Senior Program Director, Enterprise Community Partners, Inc.
Stacie Young, Director, Preservation Compact, Community Investment Corporation
Jorge Damian de la Paz, Program Manager, Office of Civic and Community Engagement University of Miami
Moderator: Michael Liu, Director, Miami-Dade Public Housing and Community Development, former Assistant Secretary for Public and Indian Housing, Department of Housing and Urban Development
Steve Ellis, Vice President, Taxpayers for Common Sense
Rebekah King, Acting Director of Policy, National Housing Conference
Georgina Serio, Managing Director, Beecher Carlson (a Brown and Brown Company)
Jim Murley, Chief Resilience Officer, Miami-Dade County
Moderator: John McKay, CEO, Nan McKay and Assoc.
Francisco Garcia, Director of Planning, City of Miami
Rosa Davis, Principal Planner, Miami-Dade Department of Regulatory and Economic Resources
Albert Milo, Principal & Senior Vice President, Related Urban Development Group
Avra Jain, CEO, Vagabong Group LLC
Moderator: Diana Elliott, PhD., Sr. Research Associate, Urban Institute
Lee Hefty, Assistant Director, RER, Division of Environmental Resources Management, Miami-Dade County
Rick Padilla, Director, Office of Housing, Denver Office of Economic Development
Stacy Spann, Executive Director, Housing Opportunities Commission of Montgomery County, Maryland
Moderator: Jorge Cibran, Director, Development Division, Miami-Dade Public Housing and Community Development