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ADOPTION OF THE AFFORDABLE HOUSING ADVISORY COMMITTEE FINAL REPORT Community Development Director Bob Keating made the following presentation: TO: James E. Chandler County Administrator DIVISION HEAD CONCURRENCE: 2A-Aof obert M. Rea ng, CP Community Developt Director FROM: Christopher D. RisonP Senior Planner, Long -W a Planning DATE: May 14, 1993 SUBJECT: Adoption of the Affordable Housing Advisory Committee Final Report It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of May 25, 1993 DESCRIPTION AND CONDITIONS: In February, 1990, the Indian River County Board of County Commissioners adopted the Indian River County Comprehensive Plan. The Housing Element of the Comprehensive Plan includes various goals, objectives and policies which address the housing needs of Indian River County. One of those policies, Housing Element Policy 1.3, states: "An advisory committee shall be appointed by the Board of County Commissioners to provide additional guidance on county housing policies. Comprised of representatives of the housing industry, financial institutions, Housing Authority and citizens, the committee shall be advisory and terminated upon acceptance of its final report. This committee shall submit a final report to the Board of County Commissioners by 1993 containing the following: 1. Recommend strategies for housing and neighborhood conservation alternatives and feasibility; 2. Public/private joint sponsorship of activities and funding programs; 3. Approaches to reduce housing costs and upgrade neighborhoods; 4. Policies concerning the formation of non-profit housing sponsors; and 5. Principles and criteria to guide residential density planning, special housing facility locations, and effective means of integrating housing planning with general community planning." 95 �� BOOK PAGE 696