Affordable Housing Study

In February 2021, the Community Redevelopment Agency (CRA) approved an agreement in the amount of $94,000 for affordable housing advisory services with Bright Community Trust in partnership with the Schimberg Housing Center at the University of Florida and GAI Consultants, Inc.  The scope of work includes three broad phases, I) an inventory analysis of the current affordable units with a detailed financial assessment for the Gordon River Apartments aka the Cove at Naples Bay, II) assessment of households, workforce and housing stocks in the CRA and City, including context data from Collier County and the region, and III) recommendations for policy, funding and programs to address gaps by preserving existing homes and developing new ones that enhance and expand Naples’ exceptional quality of life.  Phases I and II are complete and have been presented to the community and CRA for comment.  A Phase III draft report will be presented to the CRAAB for discussion, input and recommendations to the CRA.

A public workshop was held on March 29, 2022, at the River Park Community Center for the public to offer comments.  Bright Community Trust will then combine all comments received from the CRAAB and the public during the draft review to prepare the final presentation to the CRA scheduled for April 14, 2022.  The CRA presentation and delivery of the final report will conclude the tasks of the Housing Affordability Study.