Agenda Item Name:
Title
American Rescue Plan State and Local Fiscal Recovery Funds for Inclusionary Housing Feasibility Study
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Presenter:
Ben Chumley, Growth Management Department, (352) 374-5249
Description:
Request for approval of plan to use American Rescue Plan State and Local Fiscal Recovery Funds to reimburse the cost to the County associated with conducting the Inclusionary Housing Feasibility Study.
Recommended Action:
Recommended Action
Approve the attached plan for the use of American Rescue Plan State and Local Fiscal Recovery Funds to reimburse the cost to the County associated with conducting the Inclusionary Housing Feasibility Study.
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Prior Board Motions:
December 13, 2022: The Board of County Commissioners approved a Scope of Work from Florida Housing Coalition in the amount of $50,000 to assist the County in conducting an Inclusionary Housing Feasibility Study. The Board approved a related budget amendment to utilize reserves to fund the Study with the understanding that the full cost of the Study ($50,000) will be reimbursed from American Rescue Plan State and Local Fiscal Recovery Funds.
Fiscal Consideration:
Fiscal Consideration
The Board approved a Scope of Work from Florida Housing Coalition in the amount of $50,000 to conduct the Inclusionary Housing Feasibility Study, and approved the attached budget amendment to utilize reserves to fund the Study with the understanding that the cost will be reimbursed from American Rescue Plan State and Local Fiscal Recovery Funds. The adoption of the attached recovery plan document is necessary to secure eligible use of ARPA funds for the purpose of the Inclusionary Housing Feasibility Study.
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Strategic Guide:
Strategic Guide
Housing
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Background:
Inclusionary housing is a local land use policy that is intended to increase the supply and dispersal of affordable housing throughout the community by requiring and/or incentivizing housing developers to include aff...
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