v0.04 🌳  

Health First's Economic Impact in Brevard County Approaches $900 Million, Supporting Local Economy, Healthcare, and Affordable Housing

2023-12-03 11:38:04.452000

Health First, the leading non-governmental employer in Brevard County, has generated an economic impact of nearly $900 million in 2022. The organization employs over 9,500 associates and volunteers. Hospitals and health systems, like Health First, have played a crucial role in providing healthcare and supporting local economies during the COVID-19 pandemic. The goods and services purchased by hospitals create additional economic value, supporting two additional jobs for each hospital job. Health First is dedicated to improving the wellness and health of the community and has increased the minimum wage to $15 an hour across the organization. The organization has been recognized as one of the best employers in Florida and the nation based on employee recommendations. Health First has also supported local businesses by spending over $82 million on products and services from local vendors. The organization aligns its efforts with other local non-profit organizations to increase access to superior wellness and health services for all residents of Brevard County.

Broward County Commissioners have also made significant investments in affordable housing, leading the state in this area. Since 2018, they have invested $123 million, resulting in the creation of 2,660 housing units. This investment has had positive economic impacts, including $865 million in construction contracts and nearly 6,000 construction jobs. The ongoing spending by residents and operation of the communities amount to approximately $52.8 million in annual economic output. The investment in affordable housing by county commissioners is crucial for the long-term economic sustainability of Broward County and the well-being of its residents.

The housing market in Broward has worsened since the COVID-19 pandemic, putting many families and seniors at risk of being priced out of their homes. The Live Local Act provides funding sources and incentives for affordable housing, but more work needs to be done. The stakeholders involved in making Broward County more affordable should be recognized and applauded. Continued leadership and collaboration are needed to address the housing crisis and ensure economic sustainability for future generations. [c11ff435]

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.