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Greater Miami Chamber of Commerce hosts FORUM ON ATTAINABLE LIVING: WORKFORCE HOUSING May 6th.

By David A. Podgursky, MBA • May 3rd, 2008 • Category: Affordable Housing, South Florida Info

I received an email from Michael Burstine, the Chair of the Greater Miami Chamber of Commerce’s Workforce Housing Committee and felt it was important enough to share. 
I met Michael at a meeting for the Urban Land Institute: South Florida and Carribean & Terwilliger Center Steering Committee.  This is a great group of people […]



Key West City Leaders fund Affordable Housing creatively

By David A. Podgursky, MBA • May 3rd, 2008 • Category: Affordable Housing, South Florida Info

In what has become a very creative move, Key West Florida City Leaders are trying to form a plan that would allow them to raise an additional $5Million in Tax Revenue to satisfy Affordable Housing Needs in Monroe County.
Monroe County collects 4% Bed Taxes from tourists on their hotel bills. County have the […]



Davie Florida passes new Affordable Housing Plan

By David A. Podgursky, MBA • Apr 18th, 2008 • Category: Affordable Housing, South Florida Info

Last night, April 16, 2008, the Davie Florida Town Council passed a new, updated Affordable Housing Ordinance aimed at redevelopment for the low-income Davie Florida residents.
The current plan structure which will come to a final vote in May, will impose up to $14,400 per unit in Impact Fees for Builders who opt out of […]



Equity Lines being Frozen

By David A. Podgursky, MBA • Mar 27th, 2008 • Category: Home Equity Line, Residential Mortgages, South Florida Info

If you are a homeowner with a Home Equity Line (HELOC) in Florida you surely know that Bank of America and other banks are freezingĀ  or shrinking your available funds.
In a response to the market drop and shareholder pressure, Banks have decided that the need to keep a handle on the extra debt that they […]



Invest with Syndicates

By David A. Podgursky, MBA • Mar 15th, 2008 • Category: Commercial Mortgages, Foreign National, Investor Info, South Florida Info

The Florida Real Estate Market has many opportunities to offer investors that looking to buy low and sell high. Savvy investors from all over the globe are seeing the low prices combined with good exchange rates on the dollar (for foreign national investors) and relatively low interest rates for mortgage financing as an invitation […]