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12/06/2022
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12/06/2022
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Last modified
2/14/2023 11:37:48 AM
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2/14/2023 11:11:15 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
12/06/2022
Meeting Body
Board of County Commissioners
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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 provides <br />ten of the eleven affordable housing incentives listed in items A through K of Section <br />420.9076(4) F.S. For reasons explained in the analysis, the item H incentive relating to <br />modification of street requirements has not been adopted and is not recommended for <br />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 developers <br />to provide affordable housing. Recent analysis by the AHAC, has identified opportunity <br />for revision to several of the existing incentive strategies. Those proposed revisions <br />include ordinance revisions to allow very small lot subdivisions (in addition to the current <br />allowance for small lot subdivisions), increased accessory dwelling unit size, impact fee <br />exemptions for affordable housing, and greater affordable housing development density. <br />County Staff have been able to implement increased accessory dwelling unit size over the <br />last year, and are currently in the process of implementing additional impact fee waiver <br />exemptions. Other initiatives will each need to be reviewed in greater detail, drafted in <br />ordinance format, 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 />67 <br />34 <br />
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