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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, ADOPTING THE POLICY TO LIMIT THE ALLOCATION OF FLEX UNITS FOR PROPERTIES ELIGIBLE FOR BROWARD COUNTY AFFORDABLE HOUSING DENSITY BONUSES FOR THE CITY OF POMPANO BEACH AND DIRECTING IMPLEMENTATION OF SAID POLICY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Jean Dolan/David Recor)
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Summary Explanation/Background:
This is a request to consider limiting to 50 units the maximum number of flex / redevelopment units any individual project can be granted if they are located in an area eligible for the use of Broward County density bonus policies 2.16.3 or 2.16.4 which create additional residential entitlements in a residential or commercial land use category in exchange for a modest commitment to provide affordable housing for a period of 30-years. The adoption of this policy will increase the number of projects served by the City’s pool of flex / redevelopment units while encouraging the development of mixed-income housing in accordance with the recently adopted mixed-income housing Ordinance #2022-36. This policy can be waived at the City Commission’s discretion at a duly noticed public hearing. Any project choosing to use policy 2.16.3 will request flex units through the site plan approval process with approval by the Planning and Zoning Board. The Economic Development Council (EDC) recommended adoption of this policy at their meeting on June 28, 2022.
Origin of request for this action: Development Services
Fiscal impact and source of funding: N//a
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