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A RESOLUTION OF THE POMPANO BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA) EXPRESSING ITS APPROVAL OF AN AFFORDABLE HOUSING AMENDMENT TO THE NORTHWEST CRA PLAN AND REQUESTING THAT THE CITY COMMISSION APPROVE THE AMENDMENT; PROVIDING AN EFFECTIVE DATE, AND FOR OTHER PURPOSES.
(Fiscal Impact: N/A)
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(Staff Contact: Suzette Sibble/Nguyen Tran)
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Summary Explanation/Background:
This agenda item amends the Northwest Community Redevelopment Agency Plan to:
1. Establish CRA-eligible affordable housing programs for down payment and rental assistance.
2. Establish “Tiny Home” Affordable Housing Program depending on feasibility.
The objective of this proposed amendment is to incorporate specific initiatives to support affordable housing in the northwest community. It should be noted that specific policies or contracts governing the implementation of these initiatives will be brought back to the CRA Board at a future date for consideration and approval.
Origin of request for this action: Staff
Fiscal impact and source of funding: N/A
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