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Firefox <br />HN: 35SKl PG: a 16 <br />https://ori.indian-river.org///DOCiIment/GetDocumentForPrintPNG/?req... <br />WhIc the Mixed Use FUUM cefines maximumi intensities and densites, Itle Comll Alan and LDC <br />also regulate and rests d future den eklpmenl td ensue (eudaprr le I is low inpact, it cluding <br />provisions fclr allprollriate ecological preservation, adequate bdfl-riMl anic clperll spacq, and <br />appgrtunities to desiggahl raidentia and commenlial needs of the cit), a defined in tte cit)'i <br />comprehensive plan. <br />Slite Intems Iv and Denalh <br />The comp plan provides guidance on hot tte locadori and inteqsib) cd residentia censities an( <br />rcm-uesidealia irlemities. <br />1, Resddential usesanc fdWnsltiew <br />The sial locaxcm and size provide thi city tte oppcptunity tc create rew residential uses aseat which <br />can Help address the city's current and fillurc housing nee(s. The proposed Mix Use FLUM <br />designafon permits residential uses include single familM, dullexa, and multi•-fardily up to tem <br />1110) dvveRWg units pq■ oars, and ug to twelve (I171) dwelling units per dere witt the usa of TDRs <br />or incentives. <br />.,.,coordingl BEEIR, the cffrcicl popuktion aslimaie of permanent residents in the Chit tfSebnstian <br />as of April 1, R20 is :5,OV residents. Sebastlan's fifun )xpulation growth is projected to Ila <br />?19,:67 residents by the year :040m[ith do average gnlwth raitci of 8% The City 'sprojected grcwd <br />will/ conAldus tolrovide developmeni ana redetieknmemt clpportumbles for the Grit "(2040 FHIEW,, <br />Lana Use Elemen,) <br />The City's Housing Eleniew ircicates thaw the city /las a need feu a rime cNerse Musing marker <br />ant mere affordable Musing: <br />Goel .i-1: Provision of Ituesirig. Ensure die linvisien cf a sufficient suppi}{ of decent, sefi, and <br />sanikr)l housing eptkns, tnchotng affordable housinBl ahai Is responsive a the d'verse housing <br />needs cif the Citjl's exilsdng ana faun populaituln, while encouregingl the preservation and <br />enhardemet!t of the Citjl 's ezistblg llcusirg steal mut hiski is sdruchIM. <br />-.,ffcraalle hciusing is demirmined !}l comparing die cost cif Hoatsing to househola incomes Finck <br />Stati'teai aefnes affordville kousing asmonddjl rent cumondly mond le payment tacluningl taxes, <br />Insurancel and utldtes as not exceea 3t pereenn cj de nediaA adjusted giros annual income far <br />llousehol&. <br />-Coskbwkebied llousehokis pay more than 30 percent of in(tme for rens air morrgpgle costs. 71 e <br />dame inei(ajom Vzw AW /muse)oM:l within the Ch)l (Pl%,J pale move than 30% of income far <br />hclt iingl <br />according to Census aaite the higiest perrentelge cf rentelrs it Sebasllal are paging) 35 parent or <br />sore of "r Ineeme for Aousft. 77tLs ala:kes ay0'orda O/d an issue for renter. In d e Cuy': <br />i.ccording i1c the Flbriaei &ursing Alva Clearinglulum, 4,31( hou.,lehclds in Slebastdan (4;1.1%1) <br />wereileaidec b)J a,pelrion age 65 croker. In Sebastian, x924 cfekerl)! helu;elulkis (9,Nd))anin dair <br />hlones, whue 1,35GI elderly 9enwhoids (371.;1%) llay miorcthan 30 pllrcent of Idcome tot reirI or <br />mortgslle costs. <br />Pagic SI <br />17 of 60 2/17/2023, 4:34 PM <br />