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Last modified
12/7/2020 11:42:20 AM
Creation date
12/7/2020 11:22:54 AM
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Resolutions
Resolution Number
2020-106
Approved Date
12/01/2020
Agenda Item Number
8.K.
Resolution Type
Report
Entity Name
Affordable Housing Advisory Committee
AHAC
Subject
2020 Incentives Review and Recommendation Report
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Overall, the county has provided many SHIP impact fee grants/loans to eligible <br />households. Since this program has been successful, the county should keep its SHIP <br />Program impact fee assistance strategy for income qualified households. The County's <br />new impact fee waiver/reduction categories for single family homes of less than 1,500 <br />square foot for income eligible households should also be maintained and evaluated in <br />future years to determine their overall utilization and whether or not adjustments should <br />be made to the eligible categories. <br />RECOMMENDATION: <br />The county should maintain Housing Element Policy 4.3 and Policy 4.4, regarding <br />financing of impact fees, payment of impact fees, and payment of water and wastewater <br />capacity charges for income eligible households through SHIP funds. The County should <br />also maintain its newly adopted impact fee waiver and reductions under Title X of the <br />Indian River County Code for certain single family housing units occupied by households <br />with incomes of less than 80% of AMI; and the County should continue to apply for other <br />funding sources (such as CDBGs) to subsidize impact fees and utility capacity charges. <br />BOARD OF COUNTY COMMISSIONERS ACTION: <br />Board of County Commissioners Approval of the AHAC Recommendation <br />Yes [ J] No <br />F:\Community Development\SHIP\AHAC\ANNUAL INCENTIVE REPORT AND LHAP REVISIONS\2020 Incentives <br />Report\BCC Item - Incentives Report\AHAC 2020 report v6 12-1-20 BCC Review.doc <br />
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