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)
body
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 application forms are necessary for the launch of the Charlotte HOME dedicated webpage.
Provided with the item for consideration are the proposed Resolution adopting modifications, Resolution 2023-219, and redline edits.
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