Finding Paradise

Life isn’t a vacation for many wage earners in U.S. tourist 
markets, where the need for affordable workforce 
housing has hit crisis levels.

11 MIN READ
The Florida Keys has a workforce housing crisis, exacerbated by Hurricane Irma. “The need is so critical [in the Florida Keys]. You could probably build 10 projects, and they would lease up on [certificate of occupancy] day,” says Marty Flynn, operations adviser and strategist, Tri-Star Affordable Development.

Thierry Dehove Photography

The Florida Keys has a workforce housing crisis, exacerbated by Hurricane Irma. “The need is so critical [in the Florida Keys]. You could probably build 10 projects, and they would lease up on [certificate of occupancy] day,” says Marty Flynn, operations adviser and strategist, Tri-Star Affordable Development.

Millions of Americans flock to the nation’s sandy beaches and ski slopes for vacations each year. It’s not always a holiday, however, for the tourism sector, first responders, and other local workers in these destination towns.

The need for affordable workforce housing has reached crisis proportions in some of the country’s most-popular tropical and mountain getaway spots. Scarce and high-cost land, growth restrictions, and loss of housing to vacation-rental booking platforms are just a few of the barriers to creating housing for workers. And low wages combined with high housing costs leave renters without many options.

On the following pages, we look at developers in four popular travel destinations—the Florida Keys, Hawaii, Colorado’s ski resort towns, and Jackson Hole, Wyo.—to see how they’re delivering housing in these challenging markets.

About the Author

Christine Serlin

Christine Serlin is an editor for Affordable Housing Finance, Multifamily Executive, and Builder. She has covered the affordable housing industry since 2001. Before that, she worked at several daily newspapers, including the Contra Costa Times and the Pittsburgh Tribune-Review. Connect with Christine at cserlin@zondahome.com or follow her on Twitter @ChristineSerlin.

No recommended contents to display.