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Approval of 2017 Affordable Housing Incentive Strategy Report.
(Fiscal Impact: N/A)
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(Staff Contact: Miriam Carrillo/Mark Korman)
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Summary Explanation/Background:
As a recipient of State Housing Initiative Partnership funds, the City of Pompano Beach established an affordable housing advisory committee as required by the Florida Statutes, Section 420.9076. The Affordable Housing Advisory Committee (AHAC) is responsible for reviewing policies, land development regulations, the Comprehensive Plan Policy, and other aspects of the City’s policies and procedures that affect the cost of housing. In addition, the AHAC is responsible for making recommendations to encourage affordable housing. The results of that review and resulting recommendations were first provided to you on November 21, 2017, together with the attached 2017 Affordable Housing Incentive Strategy Report, as required by the SHIP statute. No Commission action is necessary at this point other than to formally accept the Report. The incentive recommendations contained in it will be formally submitted to the Commission for review and approval in March as part of the 2018-2021 SHIP Local Housing Assistance Plan (LHAP).
Origin of request for this action: OHUI
Fiscal impact and source of funding: N/A
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RStrategic Plan Initiative
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Goal 5.L4 - Superior Capacity/Improve Neighborhoods/Convene an Affordable Housing
Advisory Committee (AHAC) to implement housing plan strategies.