SHIP - Affordable Housing Advisory Committee

City of Gainesville SHIP - Affordable Housing Advisory Committee Meeting AGENDA Date: Tuesday, February 11, 2025, 6:00 p.m. Location: Historic Thomas Center, Building A 302 NE 6th Ave Gainesville, FL 32601 Jamie Bell, Mary Lou Hildreth, Aymee Cepeda, Charmaine Henry, James Ingle, Members: Michael Pellett, Megan Atwater, Clark Wood, Casey Willits, Helen Warren If you have a disability and need an accommodation in order to participate in this meeting, please contact the Office of Equity and Inclusion at (352) 334-5051 at least two business days in advance. TTY (Text Telephone Telecommunication Device) users please call 711 (Florida Relay Service). For Speech to Speech (STS) relay, please call 1-877-955-5334. For STS Spanish relay, please call 1- 877-955-8773. For STS French Creole relay, please call 1-877-955-8707.  Pages A. CALL TO ORDER Agenda Statement: The City of Gainesville encourages civil public speech. Disruptive behavior is not permitted during City Commission and Advisory Board meetings. Please do not bring food, drinks, props, signs, posters, or similar materials into the meeting room. B. ADOPTION OF THE AGENDA C. APPROVAL OF THE MINUTES 1. Approve Minutes of the October 10, 2023; November 14, 2023; and 3 February 13, 2024 Meetings Recommendation: The SHIP - Affordable Housing Advisory Committee approve the minutes from the October 10, 2023; November 14, 2023; and February 13, 2024 meetings. D. BUSINESS DISCUSSION ITEMS 1. 2025-96 Election of Officers (B) 9 Department: Housing & Community Development Description: The Affordable Housing Advisory Committee will nominate and elect officers. Fiscal Note: N/A 2. 2025-107 Introduction and Discussion (B) 11 Department: Housing & Community Development Description: The Affordable Housing Advisory Committee (AHAC) will review the State Housing Initiatives Partnership (SHIP) Program and the statutory basis for SHIP and the AHAC. The AHAC will then discuss its tasks, goals, and priorities for 2025. Fiscal Note: N/A Recommendation: The AHAC hear a presentation, discuss the questions posed, and take action deemed necessary. E. PUBLIC COMMENT F. MEMBER COMMENT G. NEXT MEETING DATE - March 11, 2025 H. ADJOURNMENT Page 2 of 62  City of Gainesville SHIP - Affordable Housing Advisory Committee Meeting MINUTES October 10, 2023, 6:00 p.m. Historic Thomas Center, Building B 306 NE 6th Avenue Gainesville, FL Members Present: Aymee Cepeda, Charmaine Henry, Mary Lou Hildreth, Saeed Khan, Reina Saco, Octavia Washington Members Absent: Jamie Bell, Fred Schilffarth, Belinda Smith Alternate Present: Cynthia Chestnut _____________________________________________________________________ A. CALL TO ORDER - 6:07 p.m. B. ADOPTION OF THE AGENDA Moved by Reina Saco Seconded by Aymee Cepeda Motion: The SHIP - Affordable Housing Advisory Committee adopt the agenda. Aye (6): Aymee Cepeda, Charmaine Henry, Mary Lou Hildreth, Saeed Khan, Reina Saco, and Octavia Washington Approved (6 to 0) C. APPROVAL OF THE MINUTES There were no Minutes to approve. 1 Page 3 of 62 D. BUSINESS DISCUSSION ITEMS 1. 2023-942 Review Draft Incentives and Recommendations Report (B) The Committee reviewed the Draft IRR and each of its recommendations. In particular, the Committee wanted to keep the second Additional Recommendation to Facilitate Homeowner Repair Program. They then discussed a new, Additional Recommendation. That recommendation related to a reliable, effective, and equitable transportation system. Moved by Reina Saco Seconded by Aymee Cepeda Recommendation: The AHAC review the attached Draft 2023 IRR; and discuss any specific changes needed. Motion: Approve the Draft IRR with the addition of a new recommendation related to a reliable, effective, and equitable transportation system; also keep the second Additional Recommendation to Facilitate Homeowner Repair Program. Aye (6): Aymee Cepeda, Charmaine Henry, Mary Lou Hildreth, Saeed Khan, Reina Saco, and Octavia Washington Approved (6 to 0) E. PUBLIC COMMENT None F. MEMBER COMMENT None G. NEXT MEETING DATE--November 14, 2023 H. ADJOURNMENT - 7:20 p.m. 2 Page 4 of 62  City of Gainesville SHIP - Affordable Housing Advisory Committee Meeting MINUTES November 14, 2023, 6:00 p.m. Historic Thomas Center, Building B 306 NE 6th Avenue Gainesville, FL Members Present: Jamie Bell, Saeed Khan, Reina Saco, Fred Schilffarth, Octavia Washington, Charmaine Henry Members Absent: Aymee Cepeda, Mary Lou Hildreth, Belinda Smith _____________________________________________________________________ A. CALL TO ORDER - 6:07 p.m. B. ADOPTION OF THE AGENDA Moved by Fred Schilffarth Seconded by Saeed Khan Motion: The SHIP - Affordable Housing Advisory Committee adopt the agenda. Approved C. APPROVAL OF THE MINUTES There were no minutes to approve at this meeting. D. BUSINESS DISCUSSION ITEMS 1. 2023-1019 Adoption of the 2023 Incentives and Recommendations Report (B) 1 Page 5 of 62  Moved by Reina Saco Seconded by Fred Schilffarth Recommendation: The Affordable Housing Advisory Committee: 1) receive a presentation from staff; 2) receive public comments; 3) adopt the 2023 Incentive and Recommendations Report; and 4) authorize staff to submit the 2023 Incentive and Recommendations Report, on behalf of the Committee, to the City Commission. Approved as Recommended 2. 2023-1042 Discussion of IRR Presentation to City Commission (NB) After the Committee discussed the details, the Chair agreed to represent the AHAC and make the presentation to the City Commission. Recommendation: The Chair elect to present the Incentives and Recommendations Report to the City Commission or designate another member to do so. E. PUBLIC COMMENT There was no public comment at this meeting. F. MEMBER COMMENT There was no additional member comment at this meeting. G. NEXT MEETING DATE - January 9, 2024 (Tentative) H. ADJOURNMENT - 6:40 p.m. 2 Page 6 of 62  City of Gainesville SHIP - Affordable Housing Advisory Committee Meeting MINUTES February 13, 2024, 6:00 p.m. Historic Thomas Center, Building A 302 NE 6th Ave Gainesville, FL 32601 Members Present: Aymee Cepeda, Charmaine Henry, Commissioner Reina Saco, Fred Schilffarth, Octavia Washington, Michael Pellett Members Absent: Jamie Bell, Mary Lou Hildreth, Megan Atwater _____________________________________________________________________ A. CALL TO ORDER - 6:05 p.m. B. ADOPTION OF THE AGENDA Moved by Commissioner Saco Seconded by Fred Schilffarth Motion: The SHIP - Affordable Housing Advisory Committee adopt the agenda. Approved C. APPROVAL OF THE MINUTES There were no Minutes to approve at this meeting. D. BUSINESS DISCUSSION ITEMS 1. 2024-128 Legal Context of Affordable Housing Advisory Committee (B) 1 Page 7 of 62  The Committee listened to a presentation from Senior Assistant City Attorney, Sean McDermott. The Presentation informed the Committee regarding the City and the AHAC's Authority and Powers, the Sunshine Law, Public Records Law, Ethics Law, Legislative vs. Quasi-Judicial Decisions. Recommendation: The Affordable Housing Advisory Committee hear a presentation from the City Attorney’s Office. 2. 2024-126 Election of Officers (B) Moved by Commissioner Saco Seconded by Michael Pellett Recommendation: AHAC members: 1) nominate at least one member for Chair, Vice-Chair, and Secretary; and 2) elect a Chair, Vice-Chair, and Secretary. Motion: Commissioner Saco moved Jamie Bell for Chair; Mary Lou Hildreth for Vice-Chair; and Fred Schilffarth for Secretary. Approved 3. 2024-135 Calendar Year 2023 Report to the City Commission (NB) The AHAC discussed the questions that the City Commission requested them to answer, along with their activities over the previous year, and the tasks they wished to accomplish during the upcoming year. Mr. Wachtel took notes for future discussions. Recommendation: The AHAC: 1) discuss its activities during 2023 and answer the City Commission’s questions about those activities; and 2) appoint a member to develop a draft report. E. PUBLIC COMMENT There were no public comments. F. MEMBER COMMENT There were no additional member comments. G. NEXT MEETING DATE - March 12, 2024 H. ADJOURNMENT - 7:18 p.m. 2 Page 8 of 62  City of Gainesville Agenda Item Report File Number: 2025-96 Agenda Date: February 11, 2025 Department: Department of Housing & Community Development Title: 2025-96 Election of Officers (B) Department: Housing & Community Development Description: The Affordable Housing Advisory Committee will nominate and elect officers. Fiscal Note: N/A Explanation: Typically, at the first meeting of each calendar year, the Affordable Housing Advisory Committee (AHAC) nominates and elects officers from its membership. Usually, AHAC elects the following three officers: 1) the Chair, who administers the meetings; 2) the Vice-Chair, who serves as the Chair when the Chair is absent; and 3) the Secretary, who coordinates with the Staff Liaison to record votes and produce meeting minutes. Strategic Connection: ☐ Goal 1: Equitable Community ☐ Goal 2: More Sustainable Community ☒ Goal 3: A Great Place to Live and Experience ☐ Goal 4: Resilient Local Economy ☐ Goal 5: “Best in Class” Neighbor Services Recommendation: AHAC Members: 1) nominate at least one member for Chair, Vice- Chair, and Secretary; and 2) elect a Chair, Vice-Chair, and Secretary. Page 9 of 62  2025-96A AHAC Officers Election Form—Calendar Year 2025 February 11, 2025 AHAC Member Name: ____________________________________________________ Chair Nominations Place “X” by Chosen Nomination (Chose only 1) Vice-Chair Nominations Place “X” by Chosen Nomination (Chose only 1) Secretary Nominations Place “X” by Chosen Nomination (Chose only 1) Page 10 of 62  City of Gainesville Agenda Item Report File Number: 2025-107 Agenda Date: February 11, 2025 Department: Department of Housing & Community Development Title: 2025-107 Introduction and Discussion (B) Department: Housing & Community Development Description: The Affordable Housing Advisory Committee (AHAC) will review the State Housing Initiatives Partnership (SHIP) Program and the statutory basis for SHIP and the AHAC. The AHAC will then discuss its tasks, goals, and priorities for 2025. Fiscal Note: N/A Explanation: In order to set its goals for the year, the AHAC needs to consider the following factors: 1. What is its statutory task and purpose (Note: The AHAC should recognize that the statute is a minimum requirement. The AHAC is free to go beyond that requirement.)? 2. What are its collective priorities? 3. What factors can the City influence? 4. What actions would have the most net positive impact? The information and questions included in the back up are intended to facilitate a discussion and help the Committee set goals and priorities for the year. Strategic Connection: ☐ Goal 1: Equitable Community ☐ Goal 2: More Sustainable Community ☒ Goal 3: A Great Place to Live and Experience ☐ Goal 4: Resilient Local Economy ☐ Goal 5: “Best in Class” Neighbor Services Page 11 of 62 Recommendation: The AHAC hear a presentation, discuss the questions posed, and take action deemed necessary. Page 12 of 62  2025-107A Affordable Housing Advisory Committee Introduction and Discussion February 11, 2025 Thomas Center A Page 13 of 62 SHIP Program-Brief History • State Housing Initiative Partnership • Created by the Florida Legislature in 1992 • Florida Statutes, Chapter 420, Part VII • It’s a program and a funding source for affordable housing • Provides funds to Cities and Counties (Local Governments) to produce and preserve affordable housing (Homeownership and Rental) • Emphasis on Home Ownership and Construction • Some state requirements for participating Local Governments Page 14 of 62 SHIP Program-Revenues and Expenditures • Raises funds through a tax on real estate transactions • Generally, revenues increase when housing costs increase • Partnership between affordable housing advocates and the real estate development community • City uses SHIP funds several programs, including the following: • Down Payment Assistance • Home Repair • Home Replacement • Mortgage Foreclosure Assistance • Counseling and Training Page 15 of 62 SHIP Program-AHAC • Requires participating Local Governments to appoint an Affordable Housing Advisory Committee (AHAC) • Legislation describes membership requirements (diverse stakeholders) • Legislation requires AHAC to develop and submit an Incentives and Recommendations Report (IRR) Page 16 of 62 IRR • The only requirement of the AHAC • Discusses Local Governments initiatives to keep housing affordable • The legislation describes 11 incentives/strategies/recommendations that the local government must discuss • AHAC can also make other recommendations in the IRR Page 17 of 62 Other AHAC Duties • As assigned by the City Commission • Annual report to the City Commission • Funding recommendations for specific affordable housing projects • AHAC will do this at least twice this year • Other AHAC initiated tasks Page 18 of 62 Discussion Questions-Impacts of New Housing • Who, if anyone, benefits from new housing? • Who, if anyone, is negatively impacted when new housing is built? Page 19 of 62 Discussion Questions-Effectiveness and Efficiency • What impacts the cost of housing? • What factors can the City influence? • With respect to housing costs, does supply and demand matter? Page 20 of 62 Discussion Questions-Priorities • What are your priorities? • Equity and reducing the wealth gap (wealth building)? • “Yes” means focusing on homeownership, rather than rentals, but providing fewer affordable units • Reducing overall housing costs, including lowering rents and building more rental units? • “Yes” means providing more affordable rental units, but is less effective at wealth building • Increasing housing choice (i.e., cost, location, size, rent or own, detached or attached, etc.)? Page 21 of 62  2025-107B Alachua County Housing Trends June 2024 Page 22 of 62 Alachua County single family home prices have reached early boom-era levels. $450,000 $400,000 Florida $350,000 Alachua $300,000 County $250,000 In 2022 and the first half of $200,000 2023, both the county and the Alachua County experienced state exceeded their mid-2000s gentler price increases in the mid- 2000s boom than the state. The peak median sale price. The $150,000 statewide median reached county median price peaked at $315,000 in 2006 (2023 $). $400,000 and the county $100,000 reached $320,000. $50,000 $0 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 Q1-2 Median Single Family Home Sale Price, Gainesville, Alachua County, & Florida, 2003-2023 (2023$) Source: Shimberg Center analysis of Florida Department of Revenue, Sales Data Files. All values in 2023 dollars to correct fo r inflation. Page 23 of 62 The county added nearly 12,000 rental units between 2012 and 2022, but all of these increase was in units renting for $1,200 or less (2022 $). 60,000  Net increase 2000-2021: 50,000 6,279 rental units 40,000 More than $1,200  $1,200+ units Rental Units 30,000 More than $1,200 grew by nearly 13,000 20,000  Change in units 10,000 $1,200 or Less $1,200 or Less below $1,200 was not 0 2012 2022 statistically significant. Units by Gross Rent Above/Below $1,000 (2021 $), Alachua County, 2012 & 2022 Source: Shimberg Center tabulation of U.S. Census Bureau, 2012 and 2022 American Community Survey. Year 2012 rents adjusted to 2022 dollars using Consumer Price Index. Page 24 of 62 Affordable Housing Terminology  Housing is usually considered to be affordable if it costs no more than 30% of household income.  Cost burdened: Paying more than 30% of income for owner or renter costs  Severely cost burdened: Paying more than 50% of income  Area median income (AMI): Used to create standard income measures across places and household sizes, expressed as % AMI Page 25 of 62  Example: 2024 Alachua County Income (% AMI) and Housing Cost Limits Max. Annual income Hourly affordable Hourly wage, range wage, monthly Income level 2 full-time (1-4 person 1 full-time housing cost jobs household) job (1-3 bedroom unit) 50% AMI $33,350-47,650 $16-$23 $12 $893-$1,239 80% AMI $53,360-76,240 $26-$37 $15-$19 $1,430-$1,983 120% AMI $80,040-114,360 $38-$55 $22-$28 $2,145-$2,974 http://flhousingdata.shimberg.ufl.edu/income-and-rent-limits Page 26 of 62  Very low-income renters make up the largest group of cost- burdened households in the county, even excluding student renters. 30,000 25,000 11,045 20,000 Households 15,000 29,624 3,305 1,448 10,000 3,197 4,130 925 7,279 10,026 12,702 2,852 788 5,000 5,762 6,006 5,310 4,597 2,814 1,869 1,548 0 0-50% AMI 50.01-80% 80.01- Above 0-50% AMI 50.01-80% 80.01- Above AMI 120% AMI 120% AMI AMI 120% AMI 120% AMI Owners Renters Cost Burdened (more than 30% of income for housing) Not Cost Burdened Student-headed Households by Tenure, Income (% AMI), and Cost Burden, Alachua County, 2022 Notes: “Student-headed” refers to non-family renter households headed by a full-time student. Counts of cost-burdened households above 120% AMI and student-headed, owner households above 50% AMI are not statistically significant. Page 27 Source: Shimberg Center tabulation of U.S. Census Bureau, 2022 American of 62 Survey Community Housing costs outpace wages for many occupations.  Alachua County housing wage: $21.81/hour  A full-time worker would need to earn this amount to rent a typical 2BR apartment (HUD Fair Market Rent 2023: $1,134/mo).  Median wage for Alachua County: $21.72/hour Sources: National Low Income Housing Coalition, Out of Reach; Shimberg Center tabulation of Florida Department of Commerce, Occupational Employment and Wage Statistics. Median wage is 2022 annual wage in 2023 dollars. Page 28 of 62 How much can workers afford to pay for housing each month? $600-799 $800-999 $1,000-1,200 • Bartenders • Construction Laborers • Auto Techs and Mechanics • Cashiers • Customer Service Reps • Carpenters • Childcare Workers • Landscaping and • Correctional Officers Groundskeeping Workers • Restaurant Cooks • Dental Assistants • Light Truck Drivers • Dishwashers • Firefighters • Medical Assistants • Fast Food and Counter Workers • HVAC and Refrigeration • Nursing Assistants Mechanics • Food Preparation Workers • Office Clerks • Heavy and Tractor-Trailer Truck • Hairdressers Drivers • Secretaries and Administrative • Home Health and Personal Care Aides Assistants • Median, All Occupations • Hotel, Motel, and Resort Desk • Substitute Teachers • Mental Health and Substance Clerks • Tellers Abuse Social Workers • Janitors and Cleaners • Veterinary Techs • Painters • Laundry and Dry-Cleaning • Pharmacy Techs Workers • Roofers • Preschool Teachers • Receptionists • Retail Salespersons • Security Guards • Waitstaff Source: Shimberg Center tabulation of Florida Department of Economic Security, Occupational Employment Statistics and Wages. Based on median wage for occupationsPage in Alachua 29 of County. 62 Assumes full-time worker, 30% of income spent on housing costs. Eviction & foreclosure fell sharply in Q2 2020 during the state moratorium, then increased when filings were permitted again. Eviction filings have now risen above pre-pandemic levels and foreclosure filings are near pre-pandemic levels. 700 600 Evictions 500 400 300 200 100 Foreclosures - Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2019 2020 2021 2022 2023 Eviction & Foreclosure Filings, Alachua County Source: Shimberg Center tabulation of filing data from Florida Clerks & Comptrollers and Office of the State Courts Administrator. Page 30 of 62 Building a Local Housing System: The Affordable Housing Continuum Supportive Housing Affordable rental Affordable home (affordable units + housing ownership services) • Public housing • Shared equity (e.g. • Homeless • Subsidized (Florida community land trust) • Older adults Housing, HUD, USDA) • Down payment assistance • People with disabilities • Vouchers • Low-interest loans • Other special needs • NOAH (Naturally • Affordable construction Occurring Affordable • Home rehab and Housing) weatherization Page 31 of 62  Contact Shimberg Center for Housing Studies 352-273-1192 fhdc-comments@shimberg.ufl.edu Main site: http://www.shimberg.ufl.edu Data clearinghouse: http://flhousing.data.shimberg.ufl.edu Page 32 of 62  2025-107C Page 33 of 62 Page 34 of 62 Page 35 of 62 Page 36 of 62 Page 37 of 62  2025-107D ZONING, HOUSING ATTAINABILITY, & ADUS PBCD • JANUARY 17TH, 2020 Page 38 of 62  ANYONE HERE NOT BELIEVE AMERICA IS FACING A HOUSING CRISIS? Page 39 of 62 WHY DO YOU THINK AFFORDABLE HOUSING IS SO HARD TO PROVIDE? Page 40 of 62  LAND LABOR LUMBER LAWS LOANS Page 41 of 62 WHICH OF THESE ARE IN OUR CONTROL? Page 42 of 62  LAND? LABOR LUMBER LAWS? LOANS Page 43 of 62  LAND 10-20% LABOR LUMBER LAWS 25-40% LOANS Page 44 of 62 LET’S TAKE A LOOK AT HOW ZONING IMPACTS AFFORDABILITY Page 45 of 62  BUT FIRST, SOME CONTEXT... Page 46 of 62  PART I: WHO ARE WE TODAY? Page 47 of 62  1. THE HOUSING MISMATCH Page 48 of 62 CHANGING DEMOGRAPHICS: HOUSEHOLD SIZE IN THE 1950S, 43% OF HOUSEHOLDS WERE NUCLEAR FAMILIES; 9% WERE SINGLES LIVING ALONE DATA SOURCE: AARP Publication - Making Room https://www.aarp.org/livable-communities/housing/info-2018/making-room-housing-for-a-changing-america.html Page 49 of 62 CHANGING DEMOGRAPHICS: AGE BY 2050 22% OF AMERICANS WILL BE SENIOR CITIZENS Data Source: Arthur C. Nelson Page 50 of 62 CHANGING DEMOGRAPHICS: HOUSEHOLD SIZE Cultivating 1000 small developers and cities that support them 83% OF HOUSEHOLDS IN THE U.S. WILL HAVE NO CHILDREN BY 2030 Data Source: Arthur C. Nelson, Reshaping Metropolitan America Page 51 of 62 CHANGING DEMOGRAPHICS: HOUSEHOLD SIZE 1950 2017 NUMBER OF PEOPLE PER HOUSEHOLD 3.8 2.5 AVERAGE SF OF NEW SINGLE-FAMILY HOME 983 2,571 SF OF LIVING SPACE PER PERSON 292 1,012 x3.5 DATA SOURCE: AARP Publication: The ABCs of ADUs Page 52 of 62 CHANGING DEMOGRAPHICS: HOUSEHOLD SIZE 1950: 3.8 PEOPLE PER HOUSE 50% MORE HOUSES NEEDED FOR THE SAME # OF PEOPLE 2017: 2.5 PEOPLE PER HOUSE 100% MORE HOUSES NEEDED FOR THE SAME # OF PEOPLE 2030: 2.0 +/- PEOPLE PER HOUSE Page 53 of 62 HOUSING DEMAND Data Source: Arthur C. Nelson, The Great Senior Short-Sale of Why Policy Inertia Will Short Change Millions of America’s Seniors Page 54 of 62 HOUSEHOLD TYPES Data Source: Arthur C. Nelson, The Great Senior Short-Sale of Why Policy Inertia Will Short Change Millions of America’s Seniors Page 55 of 62 HOUSING DEMAND Data Source: Arthur C. Nelson, The Great Senior Short-Sale of Why Policy Inertia Will Short Change Millions of America’s Seniors Page 56 of 62 SUPPLY vs DEMAND: HOUSING TYPE 68% OF U.S. HOUSING STARTS IN 2012 WERE SINGLE FAMILY HOMES Data Source: HUD, 2014 Page 57 of 62 SUPPLY vs DEMAND: HOUSING TYPE 70% OF U.S. HOUSING STARTS IN 2022 WERE SINGLE FAMILY HOMES Data Source: U.S. Census Bureau and https://ipropertymanagement.com/research/housing-starts#sources Page 58 of 62 SUPPLY: SMALL HOME DECLINE OF SMALLER/ STARTER HOME CONSTRUCTION, 1973-2021 45% 40% PERCENT OF TOTAL NEW HOUSING 35% 30% 25% 20% 15% 10% 5% 0% 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 NOTE: SMALLER HOMES REFERS TO HOMES LESS THAN 1,400 SF Source: Characteristics of New Housing - U.S. Census. | Note: Smaller home refers to homes under 1,400 square feet. DATA SOURCE: Characteristics of New Housing - U.S. Census Page 59 of 62 SUPPLY vs DEMAND: HOUSING TYPE DATA SOURCE: AARP Publication: Making Room https://www.aarp.org/livable-communities/housing/info-2018/making-room-housing-for-a-changing-america.html Page 60 of 62  A LACK OF THE RIGHT KIND OF SUPPLY FOR A GROWING DEMAND RESULTS IN RISING COSTS Page 61 of 62 887 Wylie St, Atlanta, GA 30316 • 404-653 -0553 www.kronbergua.com Page 62 of 62