Resolution LPA 2005-31 - Laserfiche WebLink

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The existing affordable housing needs are currently being met with City of Sunny Isles Beach through the Miami Beach Marian Towers, located at 17505 North Bay Road. This apartment complex provides 220 units through a rent supplement provided by the U,S. Department of Housing and Urban Development (HUD), According to the Shimberg Center for Affordable Housing, HUD provides one-hundred percent of the residents in these units with a Section 202 housing supplement. These units have met the housing needs for the lower income residents within Sunny Isles Beach. The projected new residential needs of the City of Sunny Isles Beach are anticipated to be met with the amount of construction expected in the next ten years. However, as indicated in table 3.13, approximately 34% of the households in 2015 will be burdened by their cost of living expenses, meaning, that this portion of the population will spend over 30% of their income on housing. There is a shift occurring in median age from the 2000 Census to the present. Many of the new developments are attracting people in a large range of ages, including foreign- born families with young children. The new housing types will ultimately alter the area and the type of resident. The majority of the new and proposed units within the City are following with market demand, which is for luxury units along the beachfront. Although the City is meeting the demand for high-end residential units, Sunny Isles Beach also recognizes the need for affordable housing. Since there are existing older units throughout the City, programs could be enacted through incentives to preseNe these units for affordable housing options. Such programs may include inclusionary housing provisions, low or no closing costs and employer incentives. Further options will be provided in Chapter 5, Conclusions and Proposed Revisions. Recreation and Open Space Element The purpose of the Recreation and Open Space Element is to plan for a comprehensive system of recreation and open space lands available to the public. Sunny Isles Beach has a variety of open space and recreation facilities for all its residents to enjoy at its parks. The City has provided 15 access points open to the public where residents may enjoy its beaches and to ensure the public may continue to access the beaches, the City has provided incentives to developers building oceanfront projects, Furthermore, new developments are required to include on-site recreational facilities with impact fees to ensure these amenities contain the proper level of seNice, These programs have been very successful for the City by providing the City with a tool to meet the adopted level of service to meet the future needs of the residents. Currently, a new park is under construction along Collins Avenue within the Town Center. The City is also reviewing the potential for other parks and open space areas. They will continue to explore this possibility and to utilize development incentives for privately funded recreation facilities. The Recreation and Open Space Element is also intended to deal with the cultural needs of the City; and while the majority of the goals, objectives and policies of this City of Sunny Isles Beach - 2005 Evaluation and Appraisal Report Rev. 9/15/2005 Page 61