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CONCLUSION <br />Currently, Indian River County provides all, but one of the eleven affordable housing incentives listed in items A <br />through K of Section 420.9076 F.S. In the past, the ten adopted incentives have resulted in non-profit housing <br />organizations and for-profit affordable housing developers providing affordable housing in the county. As <br />structured, the AHAC report identifies the county's existing affordable housing incentives, provides an analysis <br />of those incentives with respect to the incentives listed in items A through K of Section 420.9076 F.S., and <br />includes a recommendation on each incentive. In the report, staff is recommending that the county maintain the <br />ten adopted, existing incentives. <br />AFFORDABLE HOUSING ADVISORY COMMITTEE ACTION <br />At its regular meeting on October 30, 2024, the AHAC voted unanimously to recommend that the Board of County <br />Commissioners approve the 2024 AHAC Incentives Review Report and direct staff to submit a copy of the report <br />to the Florida Housing Finance Corporation (FHFC). <br />RECOMMENDATION <br />Staff and the Affordable Housing Advisory Committee recommend that the Board of County Commissioners <br />approve the 2024 AHAC Incentives Review Report and direct staff to submit a copy of the report to the FHFC <br />for review by December 31, 2024. <br />ATTACHMENT <br />1. DRAFT 2024 AHAC Report <br />2. DRAFT RESOLUTION <br />32 <br />3 <br />