Larry Barszewski Sun Sentinel
Affordable housing is so hard to find in South Florida that Broward County is giving away 40 vacant lots so more working-class homes can be built.
The effort is the latest designed to create places to live for families being priced out of home ownership because of the region’s high real-estate prices.
A quarter of people living in Miami-Dade, Broward and Palm Beach counties spend more than half their income to pay for housing, creating a severe financial burden on them, a Harvard University report said last year. Nationally, only the Los Angeles area had a worse percentage.
“Even at the moderate income level, teachers and policemen are finding affordable housing a challenge,” said Ralph Stone, Broward’s housing finance director.
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