Subject:
Title
Resolution approving the Affordable Housing Advisory Committee Report to the Board of County Commissioners related to State Housing Initiatives Partnership Program (SHIP) Affordable Housing Incentives.
label
Recommended Action:
Recommended Action
Adopt the resolution approving the SHIP Affordable Housing Advisory Committee Report and authorizing submittal to the Florida Housing Finance Corporation.
Body
Strategic Plan:
Foster Continual Economic Growth and Vitality
4.2 Invest in communities that need the most
4.3 Catalyze redevelopment through planning and regulatory programs
Summary:
As a recipient of SHIP funds, the County must have an affordable housing advisory committee, as required by the Florida Statute section 420.9076. The County’s SHIP Affordable Housing Advisory Committee (AHAC), established in 2008, is responsible for reviewing policies, land development regulations, the Comprehensive Plan Policy, and other aspects of the County’s policies and procedures that affect the cost of housing. In addition, the AHAC Committee is responsible for making recommendations to the Board of County Commissioners to encourage affordable housing.
The AHAC Committee reviewed the Report in October and November of 2017. The AHAC Committee approved the Report at a public hearing on November 22, 2017.
In order to be eligible to receive fiscal year 2018-2019 SHIP funding, the Affordable Housing Advisory Committee's Report must be submitted to the Florida Housing Finance Corporation by December 30, 2017.
Background Information:
The State Housing Initiatives Partnership (SHIP) Program was created pursuant to the William E. Sadowski Affordable Housing Act of 1992 for the purpose of providing funds to local governments as an incentive for the creation of partnerships to produce and preserve affordable housing.
Fiscal Impact:
Pinellas County receives an annual allocation of State SHIP funds. During FY18 the County will receive $2,141,346.00.
Staff Member Responsible:
Renea Vincent, Director, Planning
Partners:
Florida Housing Finance Corporation
SHIP Affordable Housing Advisory Committee
Attachments:
Resolution
2017 SHIP Affordable Housing Advisory Committee Report