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In 2008 and 2011, the Indian River County Affordable Housing Advisory Committee reviewed Indian River County's existing affordable housing incentives as well as new affordable housing strategies and policies. Through that process, the AHAC reached consensus and provided direction to staff on the county's then existing and proposed strategies and policies. By assessing the county's affordable housing incentives and strategies, the AHAC addressed the affordable housing incentives referenced in items A through K of Section 420.9076(4) F.S. For each incentive, the report included a description, reference to existing county regulations, analysis, and recommendations. All recommendations of the previous AHAC reports were incorporated into the county's Comprehensive Plan and Land Development Regulations (LDRs). Recently, staff prepared a draft 2014 AHAC report. That AHAC report is a compilation and evaluation of the county's current affordable housing incentives, the incentives referenced in Section 420.9076(4) F.S., and affordable housing strategies and policies that were adopted by the county as part of the county's 2010 EAR based comprehensive plan amendments. As indicated in the draft 2014 AHAC housing incentives report, the county has already adopted and implemented all of the affordable housing incentives identified in items A through K of Section 420.9076(4)F.S. Staff's AHAC report analysis indicates that the county has successfully implemented incentives for providing affordable housing within the county. County affordable housing incentives have been in place for many years and have been used by not-for-profit housing organizations and for-profit affordable housing developers to provide affordable housing for county residents. On November 19, 2014, the Affordable Housing Advisory Committee (AHAC) met and reviewed the draft 2014 Incentives Review and Recommendation Report. The AHAC voted unanimously to recommend that the Board of County Commissioners approve the 2014 AHAC Report for submission to the FHFC. CONCLUSION Currently, Indian River County provides all eleven of the affordable housing incentives listed in items A through K of Section 420.9076 F.S. In the past, the adopted incentives have resulted in non- profit housing organizations and for-profit affordable housing developers providing affordable housing in the county. As structured, the AHAC report identifies the county's existing affordable housing incentives, provides an analysis of those incentives with respect to the incentives listed in items A through K of Section 420.9076 F.S., and includes a recommendation on each incentive. In the report, staff is recommending that the county maintain the adopted, existing incentives. RECOMMENDATION Staff and the Affordable Housing Advisory Committee recommend that the Board of County Commissioners approve the 2014 AHAC Incentives Report by adopting the attached resolution and direct staff to submit a copy of the report to the FHFC for review. 44 3