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Rotonda West is an unincorporated, deed-restricted planned community situated in Charlotte County, Florida, United States. The 2020 U.S. Census Bureau lists it as the Rotonda census-designated place, with a population of 10,114, up from 8,759 at the 2010 census.
Construction materials and labor costs, propelled by disastrous hurricanes in 2004 and 2005 that damaged or destroyed hundreds of thousands of homes in Florida and on the Gulf Coast, amplified the problem to create a critical dilemma: in many communities, average income households cannot afford a median-priced home. [5]
The LIHTC, established in 1986, stands as a groundbreaking departure from the typical structure of supply-side housing programs, which primarily relied on subsidizing low-income housing. As of 2010, this innovative approach yielded the construction of 1.5 million low-income housing units. [33]
But in Florida as a whole, the median family income is $85,500. HUD uses that benchmark to determine Section 8 eligibility across three poverty tiers according to household size in Florida: Low ...
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