South Florida by the numbers: Behind the workforce housing surge

“South Florida by the numbers” catalogs the most notable, quirky and surprising real estate statistics.  Alongside Miami’s record-breaking luxury and penthouse sales, another kind of real estate story is reshaping the city, measured not in price per square foot, but in thousands of units at a time.  A wave of workforce and affordable housing development is gaining serious momentum, driven by public-private partnerships, state incentives and relentless demand from a growing population priced out of market-rate housing. Developers are increasingly drawn to the affordable market for its stability, predictability and public incentives. At the same time, government agencies are leveraging […]

This article originally appeared on The Real Deal. Click here to read the full story.