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11.A.4. REPORT ON AFFORDABLE HOUSING NEEDS AND <br />RELATED ISSUES <br />Community Development Director Robert M. Keating reviewed a Memorandum of <br />February 7, 2001 and used a Power Point R outline to aid in his presentation of information: <br />TO: James E. Chandler <br />County Administrator <br />DI IO HEAD CONCURRENCE: <br />' obert M. eating, AICP <br />Community Development Dir tor <br />FROM: Sasan Rohani, AICP <br />Chief. Long -Range Planning <br />DATE: February 7, 2001 <br />SUBJECT: REPORT ON AFFORDABLE HOUSING NEEDS AND RELATED ISSUES <br />It is requested that the data herein presented be given formal consideration by the Board of County <br />Commissioners at its regular meeting on February 13 2001. <br />DESCRIPTION AND CONDITIONS <br />On November 21, 2000. the Board of County Commissioners considered a request from the Palms <br />of Vero for authorization to issue Industrial Revenue Bonds to be used to leverage other funds to <br />construct affordable housing in Indian River County. At that meeting. the Board denied the request <br />and questioned the need for additional affordable housing projects in Indian River County. To <br />address that issue the Board directed planning staff to compile affordable housing information and <br />report back to the Board regarding affordable housing needs and related issues. <br />• Background <br />Several years ago, the Board of County Commissioners had similar concerns. That led to an <br />affordable housing workshop meeting, held on February 27. 1997. to review affordable housing <br />issues. including affordable housing needs Participating in that workshop were the Executive <br />Director of the Florida Housing Finance Corporation; a Board member and a staff member from the <br />Florida Housing Coalition; staff from the University of Florida's Shimberg Center for Affordable <br />Housing; the Director of the Indian River County Housing Authority; and staff from the County <br />Planning Division. <br />That 1997 workshop addressed many of the affordable housing issues raised by the Board at its <br />November 21. 2000 meeting. Because the information and conclusions from that workshop are still <br />relevant, a copy of the videotape of that workshop meeting has been put on file in the Board of <br />County Commissioners Office. <br />February 13, 2001 <br />BKI17PG108 <br />96 <br />