Title
State Housing Initiatives Partnership Program Affordable Housing Advisory Committee Incentives and Recommendations Report (B)
This item provides an informational update on the City’s Affordable Housing Advisory Committee (AHAC) Incentives and Recommendations Report for the Report dated November 7, 2016.
Explanation
The City of Gainesville receives affordable housing funding from the State Housing Initiatives Partnership (SHIP) Program, which the William E. Sadowski Affordable Housing Act established in 1992. The Florida Housing Finance Corporation (FHFC) administers the SHIP Program. In 2007, the Florida Legislature passed House Bill 1375 (F.S. 420.9076). That bill mandates that at least once every three years cities and counties receiving SHIP funds appoint an AHAC to review the impact on affordable housing of their established policies, procedures, ordinances, land development regulations and adopted Comprehensive Plan. Based on that review, the AHAC is to recommend actions, initiatives and incentives to encourage or facilitate affordable housing, while protecting the ability of property values to increase. At a minimum, the City’s AHAC must submit an Incentives and Recommendations Report (IRR) to the City Commission. Thereafter, the AHAC is to evaluate the implementation of the affordable housing incentives no less than once every three years.
Between April and November 2016, the City’s AHAC held four public meetings to discuss their recommendations for the IRR. During a Public Hearing held on November 7, 2016, the City’s AHAC presented the proposed IRR. As outlined in the IRR, AHAC reviewed, evaluated and proposed various affordable housing incentives and initiatives to encourage and/or facilitate affordable housing, while protecting the ability of property values to rise. No public comments were received during the November 7, 2016 Public Hearing. State law requires the City to submit the IRR to the FHFC by December 31, 2016. Staff re...
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