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TO: Board of County Commissioners FROM: Carolyn R. Eggert __,,11t. County Commissioner PIP RE: Affordable Housing DATE: June 7, 1989 In reviewing the need for low cost (affordable) housing in this county and the limited avenues for getting financial aid from state and federal sources, the need to attract the private sector becomes even more evident. In talking with different people some possible solutions have been mentioned and � would like to know if the BCC is interested in pursuing any of them. 1. Allowing traffic impact fees to be paid over a 5 to 10 year period and go into the same assessment/bond procedure that is being done for sewer and water impact fees. 2. Set up a "welfare fund" to help pay impact fees under strict specifications for low cost house builders - help build your own home projects, etc. 3. Put more RM -.8 and RM -10 zoning in areas suitable for affordable housing. Commissioner Scurlock discussed the possibility of reducing the code requirements for minimum square footages, setbacks, etc., and the need to look at those factors, which relate to how much it costs to build a home. He asked if there isn't some ability for our Planning staff to sit down and work with the development community to see if there is anything we can do within our Codes to encourage more affordable housing, i.e., we could reduce the minimum square footage required to 800' or if we reduce the setbacks, that possibly could result in one more lot. He would like to identify a piece of property, possibly even get into some type of bond issue, and then work with the development community to see what could be done in this regard. However, he felt it should not be totally on the county to do this. Commissioner Eggert agreed, but as a general philosophical approach, she noted that we allow sewer and water impact fees to JUN 1 1989 97 BOOP( 77 FAcr 97