Fort Walton Beach Resolution — 94-31-Amending Affordable Housing — reading text

o 2 o Action: In the event that the City is unable to perform within these timeframes in the future. affordable housing applications will take precedence over all other orojects so that the building permits may still be issued within the above timeframe. INCENTIVE ' 3. Modification of Impact Fee Requirements. Including Fee Waivers or Alternative Payment Process. Discussion: The City of Fort Walton Beach has minimal impact fees for sanitary sewer and potable water. Fee waivers are requested on a case- by- case for development and/ or redevelopment of affordable housing sites for low/ moderate income families. However. due to capital commitments and budgetary requirements. a wholesale waiver of water and sewer fees is not possible. Action: The City Manager as authorized by the City Council will consider waivers of impact fees and building permit fees for affordable housing projects specifically designed for occupancy by low and moderate income families. INCENTIVE ' 4. Allowance of Increased Density Levels. Discussion: The existing land development codes provide viable alternatives which result in increased residential density levels for residential developments. Current options available to Fort Walton Beach. unavailable in other Okaloosa jurisdictions. include Planned Unit Development ( POD) Zoning. Zero- lot 11ne developments ( cluster developments). mixed- use commrc1al residential ( RNe) zoning and accessory residential units in COllllllnity Redevelopment Area ( CRA). Such provisions allow increased density/ provide affordable housing opportunities where traditional land development regulations have not. Action: The City of Fort Walton Beach shall continue to modify and update land use regulations to provide viable alternatives for additional affordable housing density where feasible. INCENTIVE ' 5. Reservation of Infrastructure Capacity for Housing For Very low and Low Income Persons. Discussion: Single family zoned lots witMn existing subdivisions al ready pl atted prior to October 1991. are vested and reservati on of capacity for concurrency purposes are assured. Action: The City should formally reserve infrastructure capacity for projects to be developed for affordable housing based on antictpated houstng needs documented in the comp plan. This actton will be taken by June 30. 1995. INCENTIVE ' 6. The Transfer of Development Rights As A Financing Mechanism For Housing Very Law Income and low Income ' Persons. Di scusston: The transfer of development is a technique in which rights development rights are separated frOll the land in an area which a cOlllllntty wi shes to 11. tt develop_ nt. andper. tts thell to be sold for use in an area desirable for high- density development. The Land Develos-ent Code anows transfer of develop. nt rights from adjacent wetland and shore11ne protection zones to restricted development zones ( RDZ).