Hollywood affordable housing project opens lottery as Broward tries to make living more cost-effective

CBS News reports that Pinnacle 441 in Hollywood is facing overwhelming demand with 18,000 inquiries for just 113 available affordable units in its first phase, so Pinnacle has opened a lottery system for leasing. Following the registration window, applicants will be randomly selected for a chance to apply for a lease, highlighting the severe shortage of affordable housing options in South Florida. Broward County and Hollywood are taking steps to address the crisis through new development and funding initiatives.