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BOOK 0 -L{,; lyr At its January 28, 1997 meeting, the Board of County Commissioners reviewed requests for statements of support from developers of six different Low Income Housing Tax Credit Program projects. Because of the number of proposed projects, the Board questioned the need for and impact of so many affordable housing developments. In addition, the Board raised other issues, including allowable density levels, affordable housing density bonus provisions, local government affordable housing obligations, aesthetics, and others. While approving statements of support for each of the six proposed projects, the Board directed staff to schedule a workshop to study affordable housing related issues. The workshop is scheduled for February 27, 1997. In setting up the workshop, staff contacted several housing agencies in the state. These included: the Florida Housing Finance Agency PFA), the Florida Housing Coalition, the Shimberg Center for Affordable Housing, and the Affordable Housing Study Commission, as well as the Indian River County Housing Authority. Each of these agencies has agreed to send a representative to the workshop at no cost to the county. Among the issues to be addressed at the workshop are: • Dynamics of the housing market • Need for affordable housing Number of units • Location • Relationship of affordable housing to subsidized housing • Need for local programs and regulations to support affordable housing projects Affordable housing density bonus Expedited penniitting - Others - • Potential benefits and problems associated with affordable housing projects • Impact of subsidized housing projects on existing non -subsidized market rate housing projects • Local, state and federal housing programs The housing agency representatives attending the workshop will address those and other affordable housing issues. More importantly, these representatives will provide information on how other local governments in the state address affordable housing. As with all workshops, the presenters will be available to address questions raised by the Board or by other workshop attendees. According to the census, Indian River County is no longer a rural area. 1990 census data indicated that Vero Beach and the densely populated area around the city constitute an urbanized area. That urbanization trend is illustrated by past growth and future population projections. The following table indicates the county's historic population growth as well as future population projections K February 27, 1997 M S M