Developers to provide affordable housing & transportation incorporated in new projects

Developers to provide affordable housing & transportation incorporated in new projects

During an event Thursday morning featuring an all-female lineup of prominent real estate professionals, developers Lissette Calderon and Avra Jain voiced their support for a Miami-Dade County legislative proposal that would require builders to set aside units for blue collar workers currently priced out of the South Florida market.

“We have to have housing that is affordable,” Jain, CEO of the Vagabond Group, told attendees. “This is not a new idea. It’s been done in New York.”

In September, the Miami-Dade County Commission is set to vote on legislation that would require developers in the unincorporated area of the county to provide at least 10 percent of their projects for workforce housing. In exchange, the county would grant builders a 15 percent density bonus on top of the maximum number of units allowed by current land use and zoning regulations.

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