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Table below, provides a breakdown of cost burden by income group:
<br />Household income as
<br />Households paying between 30 -
<br />percentage of Area Median
<br />50% of income for housing
<br />Income (AMI)
<br />1,970
<br />(ELI) Less than 30% AMI
<br />764
<br />(VLI) 30-50% AMI
<br />2,531
<br />(LI) 51-80% AMI
<br />1,796
<br />(MI) 81-120% AMI
<br />3,420
<br />Total
<br />8,511
<br />Households paying 50%n or
<br />Total
<br />more of income for housing
<br />2,178
<br />2,942
<br />1,970
<br />4,501
<br />434
<br />2 230
<br />484
<br />3,904
<br />5,066
<br />13,577
<br />SPECIAL HOUSING NEEDS (from Indian River County Board of County Commissioners Comprehensive Plan) :
<br />In determining housing needs, there are several population categories that warrant particular consideration. These are the elderly, the low income
<br />disabled, and farmworkers. One population category that warrants special consideration from a housing needs perspective is the elderly. The
<br />following table shows the percentage of Indian River County households headed by a person 65 or older as reported by the 1990 census, the 2000
<br />census, and the 2005 Shimberg Center for affordable housing estimate:
<br />Percentage of Elderly Head of Households -Indian River County
<br />1 1 1990 Census 2000 Census
<br />Percentage of Households
<br />headed by a person of 65 or older 28.75%
<br />36.09%
<br />2005 Shimberg
<br />41%
<br />Compared to other areas, Indian River County has a high percentage of elderly households. According to Shimberg Center for Affordable Housing,
<br />elderly households, in 2005 constituted 27% of all households statewide, while elderly households constituted 41% of all county households.
<br />In Indian River County, future housing needs for elderly households (65+) were projected by utilizing Shimberg Center figures which indicate that,
<br />in 2005, 41% of households were headed by an elderly person. The following table shows the projected number of elderly households within the
<br />county through 2030:
<br />(Current 2013 Shimberg data is available on-line)
<br />Projected Number for Housing for Elderly (65+) (41% of Total Housing Units)
<br />2010 2015 2020 2025 2030
<br />Elderly households
<br />(County total) 29,821 32,480 35,477 38,432 41,261
<br />The County targets its housing assistance resources to very low, low, and moderate income elderly households. By targeting assistance to very low,
<br />low and moderate income households generally, the county also provides assistance to elderly households which fall in those income categories and
<br />need assistance.
<br />PROJECTED HOUSING NEEDS (from Indian River County Board of County Commissioners Comprehensive Plan):
<br />Housing need is defined as the number of new dwelling units that must be constructed within a certain timeframe to accommodate a projected
<br />future population. For Indian River County, the University of Florida Bureau of Economic and Business Research (BEBR) population projections
<br />are used to project the number of future households and, consequently, the number of units needed to house those households. Assuming a 1517c rate
<br />for seasonal and vacant units, the total needed units are then calculated. For years 2010, 2015, 2020, 2025, and 2030, the total number of additional
<br />units needed was determined by subtracting existing units from projected units. Based on those projections, an additional 26,839 units must be
<br />constructed between now and 2030.
<br />As in the past, virtually all of the housing units needed by 2030 will be constructed by the private sector. As such, market demand will dictate the
<br />pace of housing construction through 2030, and no county policies are needed to ensure that overall housing needs are met. While overall housing
<br />need will be met by the private sector, government assistance will be needed for those households in the lowest income categories.
<br />Treasure Coast Homeless Services Council, Inc. — Point In Time Report -Homelessness Fact Sheet for Indian River
<br />County
<br />Reporting agencies: Unsheltered: IRC Jail, New Horizons, The Source, Public Defender's office, Project Response, IRC -Vets, IRC
<br />School District, Fellsmare Community Enrichment Program, Breath of Heaven: Sheltered: Homeless Family Center, Samaritan Center,
<br />CHS — Youth Transition Center, Woman's Home, Safe Space.
<br />January 30, 2015:
<br />Total Homeless in County (HUD) = 812
<br />Adults = 550
<br />Children = 262
<br />Disabled Adults = 71
<br />Unemployed Adults = 80
<br />Other Subset Data:
<br />Past Foster Care = 12
<br />Persons 18-24 = 22
<br />Veterans = 31
<br />Elderly 62+ = 19
<br />Ionn HUD -50075 (4/2008)
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