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P.H. 2023-20: (PUBLIC HEARING)
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, ALLOCATING A MAXIMUM OF SEVEN FLEX UNITS FOR A PROPOSED TAX CREDIT HOUSING DEVELOPMENT ON A PORTION OF THE PROPERTY AT 1700 BLOUNT ROAD; 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:
The Applicant (KEITH), on behalf of the Broward Partnership for the Homeless, Inc., is requesting approval for a 138 unit tax credit subsidized housing project on a 3.0-acre portion of the North Homeless Assistance Center (NHAC) property at 1700 Blount Road (NW 30th Avenue) concurrent with a land use plan amendment and rezoning to create the eligibility for the request. The site is in the rear of the NHAC parcel located on the east side of Blount Road, roughly equidistant between Dr. Martin Luther King, Jr Boulevard and Copans Road. The proposed tax credit project will be 100% affordable housing and thus is a good candidate for the use of Policy 2.16.3 which allows 19 bonus units for every 1 very low income housing unit deed restricted for 30-years. This bonus allows the total flex units to be reduced from 138 to 7 (a savings of 131 flex units) with the remainder being made up by the 19 bonus units for every very low income housing unit deed restricted for 30-years. The Planning and Zoning Board considered this request on October 26, 2022 and recommended approval with a 6-1 vote.
Origin of request for this action: Broward County/Broward Partnership for the Homeless, Inc.
Fiscal impact and source of funding: N/A
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