$78 million workforce, affordable housing units moving forward in Lake Worth Beach
"Currently, the 13,000-square-foot lot is just dirt and fencing on 2nd Ave. North in Lake Worth Beach — but by the end of 2028, it’ll be nearly 200 workforce and affordable apartments for eligible teachers, nurses and hospitality workers.The majority of the 164 planned units will be county-assisted workforce housing, while the remaining 31 units will be income-restricted.
In Palm Beach County, workforce housing is meant for households earning 60%-110% of the Area Median Income (AMI), which means a family of four earning roughly between $55,000 and $100,000 a year. Affordable housing is typically for lower-income families.
Aggregate market data shows average rent in Lake Worth Beach is over $2,400 a month. [WLRN]
Lake Worth Beach, through the last decade, has intentionally encouraged poor immigrants/illegals to the city and consequently that's who lives here and who desperately need affordable housing. Only 31 units will be income restricted...nothing is going to change.
Race & Ethnic Diversity
Hispanic or Latino (Of Any Race)--48.0%
White--29.7%
Black or African American--18.3%
Other Race / Two or More Races--3.2%
Asian--0.8%
Native Hawaiian and Other Pacific Islanders--0.0%
American Indian and Alaska Native--0.0%
