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Consent sent. INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: TO: Joseph A. Baird, County Administrator DEPARTMENT HEAD CONCURRENCE: Stan Boling, AI Community Dev ent Director FROM: Sasan Rohani, AICP Chief, Long -Range Planning DATE: November 25, 2014 SUBJECT: Review of the Affordable Housing Advisory Committee 2014 Incentives Review and Recommendation Report It is requested that the following information be given formal consideration by the Board of County Commissioners at its regular meeting on December 9, 2014. DESCRIPTION AND CONDITIONS As part of HB 1375 which was enacted in 2007, the Legislature revised section 420.9076, F.S. to require that local governments establish a local Affordable Housing Advisory Committee (AHAC). On March 18, 2008, the Indian River County Board of County Commissioners (BCC) approved resolution 2008-038 to establish Indian River County's AHAC. According to state law, one of the principal responsibilities of the AHAC is to submit a report to the local governing body that includes a recommendation on or evaluation of the affordable housing incentives identified in items A through K of Section 420.9076 (4), F.S. (see page 2 of this staff report). Those incentives are incorporated into the county's Local Housing Assistance Plan (LHAP). Consistent with the provisions of section 420.9076 F.S., every three years AHAC must review the local government's established policies and procedures, ordinances, land development regulations, and comprehensive plan and must recommend specific actions or initiatives to encourage or facilitate affordable housing, while protecting the ability of property to appreciate in value. The AHAC's review and recommendations are compiled into an incentives review and recommendation report that is presented to the BCC for approval. According to HB 1375, the first AHAC report approved by the Board of County Commissioners was due on or before December 31, 2008. 42 1