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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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CONCLUSION <br />Since adoption of the County's Comprehensive Plan Housing Element in 1990, adoption <br />of the County's Affordable Housing Incentive Plan in 1994, and then adoption of the <br />County's EAR based amendments in 2010, the county has established and maintained a <br />number of affordable housing incentives. As such, Indian River County currently <br />provides ten of the eleven affordable housing incentives listed in items A through K of <br />Section 420.9076(4) F.S. For reasons explained in the analysis, the item H incentive <br />relating to modification of street requirements has not been adopted and is not <br />recommended for adoption. <br />In the past, the county's ten adopted affordable housing incentives have worked well in <br />encouraging non-profit housing organizations and for-profit affordable housing <br />developers to provide affordable housing. Recent analysis by the AHAC, however, has <br />identified opportunity for revision to several of the existing incentive strategies. Those <br />proposed revisions include ordinance revisions to allow very small lot subdivisions (in <br />addition to the current allowance for small lot subdivisions), increased accessory <br />dwelling unit size, and greater affordable housing development density. To be <br />implemented, each will need to be reviewed in greater detail, drafted in ordinance format, <br />and presented to the BCC for final review and consideration. <br />The table on the next page provides a summary of recommendations for items A through <br />K of Section 420.9076, F.S. <br />F:\Community Development\SHIP\AHAC\ANNUAL INCENTIVE REPORT AND LHAP REVISIONS\2020 Incentives 33 <br />Report\BCC Item - Incentives Report\AHAC 2020 report v6 - 12-1-20 BCC Review.doc <br />
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