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ITEM: RESOLUTION NO. R2024-66 (2024 ANNUAL HOUSING INCENTIVES REPORT)
A RESOLUTION OF WELLINGTON, FLORIDA’S COUNCIL APPROVING THE 2024 AFFORDABLE HOUSING ADVISORY COMMITTEE (AHAC) HOUSING INCENTIVES REPORT AS REQUIRED BY THE STATE HOUSING INITIATIVES PARTNERSHIP ACT, SUBSECTION 420.9076, OF THE FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.
REQUEST: Approval of Resolution No. R2024-66 to approve the 2024 Affordable Housing Advisory Committee (AHAC) Housing Incentives Report as required by the State Housing Initiatives Partnership Program Act, subsection 420.9076, of the Florida Statutes.
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EXPLANATION: Wellington remains committed to improving and maintaining our housing stock. The Affordable Housing Advisory Committee (AHAC) has been assembled as statutorily required by the State Housing Partnership Program Act and Wellington Ordinance No. 2022-04. Part of the AHAC responsibilities and duties is to complete and recommend an Annual Incentives Strategies Report (“AHAC Report”) in efforts to encourage or facilitate affordable housing within Wellington.
The AHAC Report identifies incentive strategies and recommendations for adoption by the local government. The recommendations should seek to remove regulatory barriers that limit the development or preservation of affordable housing or drive up housing costs.
On October 15, 2024, Wellington’s Affordable Housing Advisory Committee recommended approval of the 2024 AHAC Housing Incentives Report with a unanimous vote (6-0).
BUDGET AMENDMENT REQUIRED: NO
PUBLIC HEARING: NO QUASI-JUDICIAL:
FIRST READING: YES SECOND READING:
LEGAL SUFFICIENCY: N/A
FISCAL IMPACT: N/A
WELLINGTON FUNDAMENTAL: Responsive Government
RECOMMENDATION: Approval of Resolution No. R2024-66 to approve the 2024 Affordable Housing Advisory Committee (AHAC) Housing Incentives Report as required by the State Housing Initiatives Partnership Program Act, subsection 420.9076, of the Florida Statutes.