DEPARTMENT MAKING REQUEST
Human Services
Title
title
Charlotte Housing Opportunities Made Easier (HOME) Program Modifications
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REQUESTED MOTION/ACTION
recommendation
Recommended Action:
a) Approve Resolution amending the Application, Prioritization Matrix, and Policy Definitions of the Charlotte Housing Opportunities Made Easier (HOME); and
b) Authorize the Chairman to sign the Resolution.
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budget
Budgeted Action:
No action needed.
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BACKGROUND (Why is this Action Necessary, and What Action will be accomplished)
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Background:
Charlotte Housing Opportunities Made Easier (HOME), an incentive program for affordable housing developers, was adopted by the Board of County Commissioners (BOCC) on July 28, 2020 (Resolution 2020-09) to reduce barriers and attract developers of affordable housing to Charlotte County. It was amended on November 14, 2023 (Resolution 2023-219) to streamline several components. It is presented to BOCC for additional modifications to further streamline the process. Proposed modifications include:
1) Application: remove extraneous fields that do not apply; more clearly identify applicant and project; clarify request categories; and denote by * all additional areas covered under Policy Definitions.
2) Prioritization Matrix: updated to more clearly identify applicant/project, reviewers, and incentives/subsidies requested; changes to overall scoring and Tier thresholds; update Tier I prioritization of development size; addition of Tier I incentive points for Mixed Income developments that include minimum 10% Affordable units (<80% AMI); reduce number of units for Tier IV bonus; and denote by * all associated Policy Definitions.
3) Policy Definitions: updates to existing definitions and addition of several definitions denoted by * on Application and Prioritization Matrix.
Policy updates and adjustments to the Incentive Award Criteria are under development and will be presented at a later date. These changes to the ap...
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