DEPARTMENT MAKING REQUEST
Human Services
Title
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Charlotte HOME (Housing Opportunities Made Easier) Policy Amendment
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REQUESTED MOTION/ACTION
recommendation
Recommended Action:
a) Approve a Resolution amending the Charlotte HOME Program Policy; 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 HOME (Housing Opportunities Made Easier), an incentive program for affordable housing developers, was adopted by the Board of County Commissioners (BOCC) on July 28, 2020, (Res. 2020-09) to reduce barriers and attract developers of affordable housing to Charlotte County. It was amended on November 14, 2023, (Res. 2023-219) and on April 14,2026, (Res. 2026-062) to update documents, definitions, award criteria, and streamline processes. It is presented for additional modifications to further streamline the process, defining loan eligibility and loan terms. Proposed modifications include:
1) Text amendments throughout to better define the program, incentives, and subsidies, and align with text references in the Local Housing Assistance Plan (LHAP); and
2) Updated the Levels of Review to address when AHAC/BCC review and approval is necessary for impact fee waiver when BCC verification of contribution is required for applicant eligibility for Florida Housing Finance Corporation (FHFC) RFAs; and
3) Addition of a section on Loan Authorization that defines loan eligibility and terms, including repayment terms on for-profit loans; and
4) Addition of a section on Qualified Non-Profit to define minimum requirements for non-profit access to incentives, subsidies, non-profit loan terms, etc., to include documentation standards
5) Requirement for a Land Use Restriction Agreement (LURA) when impact fee waiver is awarded for multi-family rental units when no other incentives, subsidies, or funding are requested or awarded.
The Affordable Housing Advisory Committee (AHAC) reviewed and discussed proposed policy amendments and offered input on the Loan Authorization policy and Qualified Non-Profit standards and documentation at the 08.19.2026, Regular meeting. They voted to approve the modifications unanimously.
Provided for review and consideration are the: Resolution; and red-line draft policy amendment with Exhibits.
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