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CBS4.com - June 25, 2007
Miami Beach CDC:
Affordable Housing Hits South Beach
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Call 305-604-CITY For Info On Getting On The List
SOUTH BEACH If living in a nice place for less than $500 a month in
South Beach sounds too good to be true, you may change your mind once
you hear about a new initiative being carried out by the City of Miami
South Beach is one of the area"s hottest addresses--great
nightlife, cool condos, and Art Deco apartments--but let"s face it,
it"s really expensive to live there. A new solution that could benefit
nearly three quarters of the city"s workforce could change this by
providing affordable housing.
"My sister bought me these two
things," said Miami Beach Resident George Fernandez. "It's like a dream
come true. I'm living in a place that I never could afford."
He lives in a building that has been designated as affordable housing.
the systems are new. electric, the plumbing, mechanical," said Roberto
Datorre, with the Miami Beach Community Development Corp.
The well appointed units rent for about $500 a month.
"Well the last one we had to do a lottery, we had more than 200 people that applied for these units," he said.
you're a single person, making about $31,000 a year, you would qualify
for housing here," said Assistant City Manager Hilda Fernandez.
City of Miami Beach is putting up nearly $14 million to help the
developer purchase three old hotels near the convention center: The
Allen, The London House, and Barclay Plaza.
The Barclay used to
be a popular vacation hotel in its heyday, but much work needs to be
done to restore it to its former splendor and to bring it up to modern
"I know a lot of people that have like two or three
people living in a one bedroom apartment, all splitting the rent, just
so they can live on the beach, and that's what they call affordable
housing," said Datorre.
"We're very very proud of our projects," said Mayor David Dermer. "Frankly, they've been scandal free."
says the new units in the "Cando" or Cultural Arts District will target
workers in the South Beach Hotel, restaurant and especially the
cultural arts industries.
"I'd love to get as much affordable
housing as possible for people in the cultural world because we
understand the importance of that community to building a city," he
For infomation on getting on the affordable housing list,
call 305-604-CITY, or For Info On Miami Beach Affordable Housing, Click
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