Affordable Housing Options — Florida Housing Innovations Council

Comparison of Affordable Housing Options

Source: 2023 Cost of a Mobile Home - Estimates and Prices Paid (costhelper.com)

Key Takeaways:

Footnotes:

MTHU's hit a distinct position in the market with target towards low-income individuals only, low rents, small unit sizes with absolutely no government subsidies or tax breaks.
The other trendy affordable housing options - Micro Apt, Tiny Homes, Container Homes and Workforce Housing - are geared towards low-to-middle incomes, larger households and rely on some level of government subsidies.
MTHU's is the only affordable housing option that will require a rigorous vetting process (background and financial) for prospective tenants.

Monthly Cost reflects Rent or Mortgage (Principal + Interest) only.
Income Target reflects 40% of Monthly Cost to Rent/Mortgage
Monthly Cost reflects typical units in South Palm Beach County
Medium Tenant vetting indicates financial reviews but no background checks. High Vetting indicates both.

Sign Up For Our Newsletter

Stay in the know about what's happening in your community! Sign up for our newsletter for the latest updates on local news, politics, and innovative affordable housing solutions.

First Name

Last Name

Address

Address 1

Address 2

City

State/Province

Zip/Postal Code

Country

*Phone Number

(###)

###

####

*By providing your cell phone or mobile phone number you are consenting to receive texts, including autodialed and automated texts, to that number with campaign notifications from Florida Housing Innovations Council. Recurring messages, msg & data rates may apply. Text message subscribers can reply STOP to opt out and reply HELP for Help. SMS data will not be sold, rented, or shared. See privacy policy and terms and conditions at www.floridahic.org/privacy-policy. Contributions to Florida Housing Innovations Council are not deductible as charitable contributions for federal income tax purposes.