EVOLVE Business and Professional Magazine May 2020 | Page 31

important to consider when determining where to live. The renter
pays 30% of their adjusted gross income toward rent and HACDB
pays the rest. Last year, we paid $7,777,297 to private landlords in
Daytona Beach on behalf of 1,200 households. We recognize this
as another significant impact to our community–supporting our
program participants, local businesses and property owners.
HACDB also supports our Veterans. Through the VASH
award, which is funded by HUD and provided in partnership
with the Veterans Administration, we are able to provide
218 veterans with housing. Additionally, in partnership with
the Continuum of Care and the Department of Children and
Families, our agency was recently awarded $450mil to provide
housing for 60 homeless disabled persons. These programs serve
to protect our most vulnerable citizens.
Beyond housing, HACDB provides additional support to
our residents. Through our Neighborhood Network Centers
we offer a range of services - from continued education and
workplace skill development programs for adults to tutoring and
mentoring programs for children. We have also worked with the
League of Women of Voters to conduct proper elections for our
Resident Councils in our public housing communities. Resident
Councils represent the communities who have elected them and
are instrumental in ensuring that our residents have a voice–
both within HACDB and in the Daytona community at large.
Additional partners include community-based organizations,
such as Career Source, Daytona State College and Healthy Start.
They provide on-site programs that empower staff and residents
alike.
Our most recent audit reflects a total Net Position of
$54,889,293. In addition to the $7,777,297 in payments to private
landlords on behalf of program participants, we expended
$1,200,362 in maintenance at our public housing properties, and
$2,192,755 in Administrative costs. Further, HACDB employs
35 full time staff. In as much as our mission is the provision of
affordable housing, our business provides a significant financial
impact to the Daytona Beach economy and community as a
whole.
HACDB is well positioned to continue to purchase from
local business and service providers, to provide employment
and to support those Daytona residents whose income does not
permit them to afford market rent payments. As our community
manages this current crisis, we are proud to be able to continue to
support the Daytona business community and residents - and in
this way help to build a better community for us all.
Ms. Bates is an affordable housing career
professional with more than 30 years of experience.
She has served public housing authorities in North
and South Carolina, Detroit and Las Vegas in
director and deputy executive director positions.
THE LAW ISN’T THE ONLY
THING WE HAVE A DEEP
APPRECIATION FOR.
Cobb Cole is a proud supporter of the arts.
Offices in Daytona Beach & DeLand
386.255.8171 | CobbCole.com
For additional information or questions regarding this
message, please contact Matthew S. Welch, Partner.
MAY 2020 | 25 |