SUBJECT:
Title
Request Approval of Commission Policy 24-05: Affordable Housing County-Owned Surplus Properties (Budget Impact - None)
Body
INITIATOR: DEPARTMENT:
Cheryl Martin, Director Community Services
DESCRIPTION/BACKGROUND:
The Affordable Housing County-Owned Surplus Properties Policy shall outline the process to ensure surplus properties are effectively used for affordable housing in accordance with statutory requirements. All properties are confirmed by the Office of the County Engineer, advertised by a Public Hearing, and a Resolution recorded in Commission Records at least every three years. Appropriate properties will be considered for affordable housing for single family and/or multifamily residential.
The disposition process for Surplus Property includes offering properties for sale to a developer with a restriction for affordable housing, selling properties to an adjacent landowner, or donating properties to nonprofit housing organizations.
Proceeds from the sale of Affordable Surplus Properties shall be placed in the established Affordable Housing Assistance Trust Fund account in accordance with Marion County Ordinance 98-11 and Chapter 420 of Florida Statutes. These funds will be used for future affordable housing projects.
This Policy does not apply to properties that were purchased with restricted funds.
BUDGET/IMPACT:
None
RECOMMENDED ACTION:
Recommended action
Motion to approve Commission Policy 24-05: Affordable Housing County-Owned Surplus Properties.
end