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HomeNewsBusinessBusiness leaders in Collier warn of the county’s housing issues

Business leaders in Collier warn of the county’s housing issues

The scarcity of workforce housing has reportedly reached crisis proportions and is having an adverse effect on almost every industry, according to business leaders in Collier County.

“I believe we are in a crisis. Joe Trachtenberg, the chairman of the Collier County Affordable Housing Advisory Committee, stated, “And I think it’s growing worse.

Fox 4 Investigates visited with nearby employers to learn more about the crisis’ effects on the community.

Paul Hiltz, CEO of NCH Healthcare System, which employs roughly 4,800 people in Collier County, said, “We’ve boosted pay rates and sign-on bonuses and still we’re finding it hard to attract staff.

Hiltz said to Fox 4 Investigates that despite expanding its benefits package, the healthcare organisation is still having trouble hiring.

According to Hiltz, “affordable housing here is different from it is in other parts of the country.” We’re talking about assisting those with six-figure incomes in locating affordable housing.

Tony Ridgway, owner of a fine dining restaurant, claims that many of his staff members hold multiple jobs to make enough money to live close to the county.

“When you lose good people because they prefer to live somewhere because they cannot afford what we have here, or when you are less able to hire good people because they can’t find a place to live. According to Ridgway, who employs 180 people in Collier County, it has grown to be our biggest issue.

Both men gave speeches at a worker housing discussion that Greater Naples Leadership organised this week.

The Sheriff’s office, the school district, and other leading employers all offered comparable accounts of their struggles to fill positions due to the high cost of housing.

Hiltz stated that 40% of his company’s employees reside outside of Collier County. It’s difficult to hold onto those workers as the drives grow longer and longer and the traffic grows heavier.

According to the U.S. Federal Reserve, Collier County has the state’s by far greatest per capita income, which is close to $118,000 annually.

But some of the top earners might skew those statistics.

Nearly two thirds of the occupations in Collier County, according to the state Department of Economic Opportunity, pay less than $33,250 per year.

According to RentCafe, a national apartment listing service, the average monthly rent for an apartment in Naples is $2,300.

If there aren’t enough police officers or firefighters on the streets, a terrible situation is about to arise, according to Trachtenberg.

Collier County, according to Trachtenberg, requires between 10,000 and 15,000 additional housing units.

However, according to Trachtenberg, there are now few incentives for developers to construct workforce housing.

Workforce housing is being built in other parts of Florida, according to Trachtenberg.

Making it economically feasible for the developers to enter this area and do their duties is all that is needed.

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