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COLUMN: Sarasota County's robust entrepreneurial ecosystem is thriving | Columnists

Sarasota County’s vibrant entrepreneurial ecosystem is becoming less of a secret with major purchases of locally grown companies such as the $180 million Voalte deal, national rankings such as MoneyRates.com ....

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Downtown Sarasota affordable housing complex breaks ground

Correction: A previous version of this story said that Bank of America provided a $3 million tax credit equity to the Lofts on Lemon project, according to information provided by the Sarasota Housing Authority. The actual total value of the tax credit equity is $15.46 million.
SARASOTA There may be plenty of jobs in downtown Sarasota, but when it comes to finding affordable, convenient housing for the workforce, there aren t a lot of options.
That s why community stakeholders say the Lofts on Lemon project, consisting of 128 housing units, including 52 aimed at hometown heroes like teachers, health care workers and first responders, is so significant. ....

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When will that $25 billion get to renters and landlords?

| 1/11/2021
When will that $25 billion get to renters and landlords?
Renters and landlords counting on accessing the $25 billion in rental assistance money can do little at the moment but wait for the gears of bureaucracy to slowly grind along. The money will get here. It’s just a question of when. Of the $25 billion, Florida is likely to receive $1.4 billion, according to estimates by the National Low Income Housing Coalition. That would pay down past-due rent balances of $6,000 each for more than 200,000 Florida households. [Source: South Florida Sun-Sentinel]
It s more cost effective to buy a home, not rent here, study shows ....

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Sarasota and Manatee jobless rates rise in November

The area continues to outperform the state. Florida s seasonally adjusted unemployment rate was 6.4% in November, the same as in October. The local unemployment rates are not seasonally adjusted.
The state has added 721,500 private sector jobs between May and November, according to the Department of Economic Opportunity. Nonagricultural employment grew by 4,000 jobs statewide between October and November.
States like Florida and Georgia, which are allowing businesses to open and operate if they can do it safely, have seen quicker recoveries than states that continue to shut down nonessential businesses, said Mark Vitner, a senior economist at Wells Fargo in Charlotte, North Carolina. ....

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