SUBJECT:
Title
Request Approval of State Housing Initiatives Partnership Marion County Affordable Housing Advisory Committee Affordable Housing Incentive Strategies Recommendations (Budget Impact- None)
Body
INITIATOR: DEPARTMENT:
Cheryl Martin, Director Community Services
DESCRIPTION/BACKGROUND:
State Housing Initiatives Partnership (SHIP) funding is allocated annually to Marion County based on available documentary stamp revenues. These funds are dedicated to supporting affordable housing initiatives outlined in the County's Local Housing Assistance Plan (LHAP). The Florida Housing Finance Corporation (FHFC) mandates that local governments receiving SHIP funding review 11 housing incentives through the County's appointed Affordable Housing Advisory Committee (AHAC). The Marion County AHAC was appointed and reconfirmed by Resolution 24-R-414 on September 17, 2024.
The purpose of the Incentive Plan is to outline the deliberations and recommendations for both monetary and non-monetary incentives aimed at regulatory reform for affordable housing. This includes evaluating existing County policies, procedures, ordinances, land development regulations, and the comprehensive plan. All recommendations should promote or facilitate affordable housing while ensuring the property’s potential for value appreciation is preserved.
On December 11, 2024, the Affordable Housing Advisory Committee held a Public Hearing to take public comment and vote on the below incentives and their implementation:
a. Expedited process of development approvals
b. Impact fee modifications, waivers, or reimbursements
c. Flexibility in density
d. Reservation of infrastructure capacity
e. Accessory dwelling units
f. Reduction of parking and setback requirements
g. Flexible lot considerations
h. Modification of street requirements
i. Ongoing regulatory review process
j. Surplus lands inventory
k. Transportation hubs and transit-oriented development
The AHAC has reviewed and recommends approval of the attached 2024 recommendations and their implementation for each of the above listed 11 incentives.
BUDGET/IMPACT:
None
RECOMMENDED ACTION:
Recommended action
Motion to approve the State Housing Initiatives Partnership (SHIP) Affordable Housing Advisory Committee (AHAC) Affordable Housing Incentive Strategies.
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