AHAC Agenda 01/16/2025Collier County
Affordable Housing Advisory Committee (AHAC)
AGENDA
Growth Management Community Development Department
Conference Rooms 609/610
2800 N. Horseshoe Dr., Naples, FL 34104
January 16, 2025, 9:00 AM
Steve Hruby, Chair
Jennifer Faron, Vice Chair
Mary Waller, Member
Gary Hains, Member
Hannah Roberts, Member
Andrew Terhune, Member
AHAC MEMBERS
Commissioner Dan Kowal, BCC Liaison
Arol Buntzman, Member
Todd Lyon, Member
Paul Shea, Member
Catherine Myers, Member
Bob Mulhere, Non-Voting Member
COLLIER COUNTY STAFF
Jamie French, Department Head, GMCD
Michael Bosi, Director, Planning & Zoning
Jaime Cook, Director, Development Review
Cormac Giblin, Director, Housing Policy & Economic Development
Sarah Harrington, Planning Manager, Housing Policy & Economic Development
Derek D. Perry, Assistant County Attorney, County Attorney’s Office
Donna Guitard, Management Analyst I, GMCD
Priscilla Doria, Ops Support Specialist II, Housing Policy & Economic Development
NOTE: ALL PERSONS WISHING TO SPEAK ON ANY AGENDA ITEM MUST REGISTER PRIOR TO SPEAKING. ALL
REGISTERED SPEAKERS WILL RECEIVE UP TO THREE (3) MINUTES UNLESS THE TIME IS ADJUSTED BY THE CHAIRMAN.
DURING COMMITTEE DISCUSSION, COMMITTEE MEMBERS MAY ASK DIRECT QUESTIONS TO INDIVIDUALS. PLEASE
WAIT TO BE RECOGNIZED BY THE CHAIRMAN AND STATE YOUR NAME AND AFFILIATION FOR THE RECORD BEFORE
COMMENTING.
IF YOU ARE A PERSON WITH A DISABILITY WHO NEEDS ACCOMMODATION IN ORDER TO PARTICIPATE IN THIS
MEETING, YOU ARE ENTITLED, AT NO COST TO YOU, THE PROVISION OF CERTAIN ASSISTANCE. PLEASE CONTACT
THE COLLIER COUNTY FACILITIES MANAGEMENT DEPARTMENT. ASSISTED LISTENING DEVICES FOR THE HEARING
IMPAIRED ARE AVAILABLE IN THE COUNTY COMMISSIONER’S OFFICE.
Page 13 of 2001
1. CALL TO ORDER & PLEDGE OF ALLEGIANCE
2. ROLL CALL OF COMMITTEE MEMBERS AND STAFF
a. Paul Shea – Excused Absence
b. Selection of Chair/Vice Chair for 2025
3. APPROVAL OF AGENDA AND MINUTES
a. Approval of today’s agenda
4. INFORMATIONAL ITEMS AND PRESENTATIONS
a. Update from McDowell Housing Partners
b. B2R20 (Matthew Smith)
5. PUBLIC COMMENT
a. Persons wishing to speak must register prior to speaking. All registered
speakers will receive up to three (3) minutes unless the time is adjusted by
the Chairman.
6. DISCUSSION ITEMS
a. Select committee member for ranking and review for CHS grant application
cycle (Tracey Smith)
b. January 2025 Apartment Survey (Lisa Carr)
c. Tenant Income Grace Period Policy
a. Sub-Committee Recommendation
b. Staff Recommendation
7. STAFF AND COMMITTEE GENERAL COMMUNICATIONS
8. NEW BUSINESS
9. ADJOURN
10. NEXT AHAC MEETING DATE AND LOCATION: March 18, 2025, at 9:00 AM
Conference Room 609/610 - Growth Management Community Development
Department
Page 14 of 2001
Collier County Development Update:
Current and Upcoming Pipeline
Page 15 of 2001
MHP Project Overview
Page 16 of 2001
MHP Project Overview
Property Type Location Financing Structure
(Excluding Conventional Debt)# Units Status
Ekos Arbor Park (Phase I)New Construction North Port/Sarasota, FL 4%, LIHTC, NHTF, SAIL , FHFC Bonds 136 Completed 2024
Ekos Magnolia Oaks New Construction Tallahassee/Leon County, FL 4% LIHTC, Tallahasee CRA loan 110 Completed 2023
Ekos Lake Shadow New Construction Eatonville/Orange County, FL 9% LIHTC 96 Completed 2024
Ekos on Santa Barbara New Construction Naples/Collier County, FL 4% LIHTC, CDBG-DR, Coiller Co SLFRF
(ARPA)82 Completed 2023
Ekos Allegro New Construction Naples/Collier County, FL 4%LIHTC, SAIL, Collier Co SHIP 160 Completed 2024
Ekos Lakeview Preserve New Construction Irving/Dallas, Texas 9% LIHTC 84 Completed 2023
Ekos City Heights New Construction Austin, Texas 4% LIHTC, Austin RHDA Loan 179 Completed 2024
Silverpointe New Construction Ocala, Marion Co, FL 9% LIHTC 90 Completed 2024
Jordan Bayou New Construction Carrabelle, Franklin County, FL HOME 39 Completed 2020
Douglas Gardens IV New Construction Pembroke Pines/Broward, FL 4% LIHTC, Broward Co Loan, Broward Co Bonds 410 Est. Q2 2025
Ekos Cadenza New Construction Naples/Collier County, FL 4% LIHTC, SAIL, NHTF, ARPA Loan 160 Est. 2025
Southpointe Vista (Phase I)New Construction Goulds/Miami Dade, FL 9%, Miami-Dade Surtax and Inflation Reduction
Loan 124 Est. Q1 2025
Ekos Bayonet Point (Phase I)New Construction Pasco County, FL 9%, LIHTC, NHTF, Pasco County HOME 114 Underwriting
Southpoint Vista (Phase II)New Construction Goulds/Miami Dade, FL 4% LIHTC, SAIL, Miami-Dade Surtax, NHTF 208 Underwriting
Ekos Creekside New Construction Collier County, FL 4% LIHTC, SAIL, Collier County Surtax 160 Underwriting
Ekos Pembroke Park New Construction Pembroke Park, Broward Co, FL 4% LIHTC, SAIL, Broward County HOME 150 Underwriting
Ekos Arbor Park (Phase II )New Construction North Port/Sarasota, FL 9% LIHTC 66 Underwriting
Ekos Santa Barbara (Phase II) New Construction Collier County, FL 4% LIHTC, CDBG-DR 84 Underwriting
Ekos on Evans New Construction Ft. Myers/Lee County, FL 4% LIHTC, CDBG -DR 144 Underwriting
Ekos at Warrington New Construction Pensacola/Escambia County 4% LIHTC, SAIL 120 Underwriting
Ekos at Rockledge Park New Construction Brevard County, FL 4% LIHTC, CDBG -DR 100 Underwriting
Ekos Bayonet Point (Phase II) New Construction Pasco County, FL 4% LIHTC, SAIL 120 UnderwritingPage 17 of 2001
Affordable New Construction
Ekos on Santa Barbara, Collier County, FL Highlights and Amenities
•Ground Lease from Collier County
•Multipurpose Clubhouse with
•Media-Room
•Fitness Center
• Large Pool
•Tot Lot and Picnic Area
•Covered BBQ Gas Grills
•Resident Programs and Services: Financial
Management, Adult Literacy, Daily
Activates
•Sunshine Health Partnership
•100% Occupied – 1 Month Lease up. Waitlist 1600+
•Property Type: Two Garden-Style Apartments w/ surface
parking and stand -alone clubhouse
•Demographic: Family
•Number of Units: 82
•Construction Type: Concrete Block
•Funding: 4% Tax Credits with CBDG-DR (Ian)
•Development Cost: $25,450,000
Workforce Family
4660 Santa Barbara, Naples, FL
Page 18 of 2001
Page 19 of 2001
Affordable New Construction Highlights and Amenities
•Partnership: Collier County Community Land Trust
•Partnership: County Community & Human Services
Administration (Meal Program)
•Partnership: SW Florida Health Care Network
•Community Room with Kitchenette
•Arts and Games Area
•Theater Room
•Private Offices for Rent
•Medical Screening Room
•Courtyard with Pickleball, Dog Park, Community Garden,
Covered BBQ Grills
•Resident Programs and Services:
•Assistance with light housekeeping, adult literacy, daily
activities
•Opened Oct. 2024
•91 One Bed/Ba and 61 Two Bed/Ba
•100% leased by end of Nov.
•Property Type: Midrise 5-Story
•Demographic: Senior (62+) Tax
Exemption/Zoning Mandate
•Construction Type: Block & Concrete Plank
•Funding: 4% LIHTC + SAIL + Tax Exempt
Bonds
•Development Cost: $50,125,756
Senior Affordable
Ekos Allegro, Collier County, FL
8455 Rattlesnake Hammock Rd, Naples, FL
Page 20 of 2001
Page 21 of 2001
Page 22 of 2001
Affordable New Construction
Ekos Cadenza, Collier County, FL Highlights and Amenities
•Partnership: Collier County Community Land Trust
•Partnership: County Community & Human Services
Administration (Meal Program)
•Partnership: SW Florida Health Care Network
•Standalone Clubhouse
•Fitness Center
•Cyber café
•Resort Style Pool
•Resident Programs and Services:
•Assistance with light housekeeping, adult
literacy, daily activities
•Completion December 2024
•Number of Units: 160
•25 Studios, 80 One Bed/Ba, 55 Two Bed/Two Ba
•Property Type: Midrise 5-Story
•Demographic: Senior (62+) Tax Exemption/Zoning
Mandate
•Construction Type: Block & Concrete Plank
•Funding: 4% LIHTC + SAIL + Tax Exempt Bonds
•Development Cost: $51,074,809
Senior Affordable
Page 23 of 2001
Page 24 of 2001
Pre -Development
Ekos Creekside, Collier County, FL
•Challenges: RM-25 Zoning for
Lower Density MF
➢Parking Requirements
➢Open Space
➢Setbacks
➢Public Lift Station
➢Cannot be Built Again:
Adopted Ordinance, No Live
Local PUDs → 25du/ac Max
and Height Limit
➢Utilized Live Local Preemption and Live Local SAIL Funding
➢Closing Q1 2025
➢Number of Units: 160
➢Property Type: Midrise 7 Stories
➢98 One Bed/Ba, 48 Two Bed/Ba, 14 Three Bed/Two Ba
➢Construction Type: Block & Concrete Plank
➢Funding: 4% LIHTC + SAIL + Tax Exempt MMRB
➢Est. Development Cost: $63,808,624
➢Income/Rent Limits
Page 25 of 2001
Pre -Development
Ekos Santa Barbara II
Challenges:
➢Public Hearing Process
➢Access & Potential Traffic Congestion on Santa Barbara Blvd
➢Parking Requirements
➢Santa Barbara Landings PUD restrictions
➢Stormwater & Site Utilities
➢Utilized County Ordinance for Density Bonus
➢Closing Q1 2026
➢Number of Units: 84
➢Property Type: Midrise 4 Stories
➢60 One Bed/Ba, 24 Two Bed/Two Ba
➢Construction Type: Block & Concrete Plank
➢Funding: 4% LIHTC + CDBG-DR ( Hurricane Ian) + Tax Exempt Bonds
➢Est. Development Cost: $34,196,392
Page 26 of 2001
Who We Serve
NOTES: Rents do not reflect the reduction for Utility Allowances
Page 27 of 2001
Collier County Challenges
➢Scarce (Entitled) Land
➢Expensive Land
➢NIMBY
➢Live Local Limitations
➢Parking Requirements
➢Construction
➢Local Subcontractors
➢Material Cost
➢Market Isolation
➢Storm Impacts
➢Permit Processing/Entitlements
Macro Challenges
➢Capital Cost
➢LIHTC Pricing
➢Const Debt
➢Insurance Cost
➢Inflationary Pressures
➢OpEx
➢Regulatory Burdens
➢Limited Subsidy
Page 28 of 2001
Let’s Do More
Ø Advocacy
Ø Local Land Development Code
Ø Local Incentives
Ø Fee Waivers/Deferrals
Ø Tax Exemption (LL Modifications)
Ø Insurance Programs
Ø Partnerships
Ø Local Governments
Ø CRAs
Ø Employers
Page 29 of 2001
Contact Info
Christopher Shear – Chief Operating Officer
Scarlett Perez – Director of Development
777 Brickell Ave, Suite 1300
Miami, FL 33131
Phone: (786)577-9837
Email: cshear@mcdhousing.com
sperez@mcdhousing.com
THANK YOU!
Page 30 of 2001
COLLIER COUNTY
AFFORDABLE HOUSING
ADVISORY COMMITTEE
INTRO PRESENTATION
1Page 31 of 2001
WHAT IS BUILD TO RENT TO OWN (“B2R2O”)?
Build to Rent to Own (“B2R2O”) is a non-profit initiative to develop
homeownership opportunities for members of the Collier County
“community workforce” — broadly defined as those making between 60%
and 120% of the Area Median Income, with an emphasis on essential
service personnel.
2Page 32 of 2001
B2R2O MISSION
Offer stable, secure financial pathway to homeownership in order to :
•Retain, attract, and increase the tenure of a high-quality community
workforce in Collier County
•Ensure project’s long-term affordability to provide future opportunities
for low - and moderate-income homebuyers
3Page 33 of 2001
STEP 1: SITE SELECTION
4
A partnership formed between B2R2O and the
Collier County Community Land Trust (“CCCLT”)
identifies un- or under-developed land sites in
Collier County that are suitable for workforce
housing (single family townhome product)Land Sites
-Appropriate Price
-Employer Proximity
-Flood & Zoning
Site Identification
Page 34 of 2001
STEP 2: FLEXIBLE FUNDING
5
Area philanthropists commit capital to B2R2O
projects at flexible, below -market terms :
•Recoverable Grants & Program Related
Investments (available exclusively to non-profits)
•Zero- or low -interest loan-like investments
•Flexibility on prepayment and repayment
Area Philanthropists
“B2R2O” Project
Page 35 of 2001
STEP 3: BENEFICIARY SELECTION
6
Members of the community workforce apply for the
B2R2O Program:
•MUST be employed full-time in Collier County
•MUST meet income and credit score minimums
•PREFERENCE for essential service personnel and
County employees
Community Workforce
“B2R2O” Project
Page 36 of 2001
STEP 4: RENT TO OWN AGREEMENT
7
Selected Beneficiaries enter the B2R2O Program
through a Rent to Own Agreement:
•3 year rental period
•Mandatory participation in educational program
•Rent charged tied to 30% of gross income
•Percentage of rent charged goes towards funding
a reserve account for Beneficiary’s downpayment
Monthly Rent
Operating Costs
Downpayment
Reserve
D.P.
Reserve
D.P.
Reserve
D.P.
Reserve
Year 1 Year 2 Year 3
Page 37 of 2001
Beneficiary Financing
STEP 5: OWNERSHIP TRANSITION
8
After the 3-year rental period, B2R2O assists
Beneficiaries in purchasing their unit through:
•Traditional retail mortgages through partner
banks and financial institutions
•Employer-funded downpayment assistance
•Other State, Local & Federal programs designed
to assist low - and moderate- income homebuyers
D.P.
Reserve First Mortgage
Employer
Contribution
State, Local &
Federal Programs
Ownership Transition Structure
Page 38 of 2001
DATE ACTION RESPONSIBILITY COMPLETED
12/10/2024 Fiscal provides available funding dollars for 2025-2026 Application Cycle Darrick, Mark (Maggie)12/4/2024
12/10/2024 Application edits sent to Ryan at Neighborly Tracey 12/6 (initial edits), 12/12 (2nd edits)
12/19/2024 Public Notice Published Tracey 12/19/2024
12/19/2024 Email to partners + Social media blast (#1) (this is the Public Notice)Tracey to coordinate with Quest 12/19/2024
12/30/2024 Email to partners + Social media blast (#2) (This is the Public Notice)Tracey to coordinate with Quest 12/30/2024
1/7/2025 Grant Pre-Application Opens Tracey 1/7/2025
1/17/2025 Grant Pre-Application Closes at 12 noon Tracey
1/21/2025 -1/23/2025 Pre-Apps reviewed by staff (H3)CHS Team
01/27/2025-01/31/2025 Grant 1:1 TA Meetings (H3)CHS Team
by 01/31/2025 Internal confirmation of R/R committee members Tracey
2/3/2025 Full grant application portal opens Tracey
2/7/2025 Memo to County Manager for approval of the selection of R/R Committee Tracey
2/24/2025 Grant Application Portal Closes 12 noon Tracey
2/25/2025-3/03/2025 Staff Vet All Applications and clear deficiencies (H3)CHS Team
3/4/2025 R/R Training: Neighborly Software, Scoring of Applications and Powerpoint Review (H3)TBD
3/5/2025 Release Grant Applications to R/R Committee for individual scoring Tracey
3/6/2025 Request Level One Risk Assessment from GCU (every applicant)Tracey/GCU
3/19/2025 Fiscal provides current available funding dollars for 2025-2026 Application Cycle Darrick, Mark (Maggie)
3/26/2025 R/R Committee Presentations (Services) (Facilities Training room)CHS Team
3/27/2025 R/R Committee Presentations (Capital Projects) (Facilities Training room)CHS Team
3/28/2025 CDBG/HOME/ESG Agreement templates provided by GCU and available for use GCU Team
3/31/2025 Memo to the County Manager for approval of suggested Conditional Awards Tracey
4/4/2025*Denial & Conditional Awards letters out to Subrecipients (Cc: Grants Compliance)Tracey
3/31/2025-4/11/2025 Grant Coordinators & subrecipients finalize scope of services, beneficiaries, etc.Grants Coordinators/Subrecipients
4/8/2025 Preparation of 2025-2026 Action Plan - include conditional awards in AAP Tracey/FHC
4/30/2025 Subrecipient Agreements finalized and submitted to CAO Grants Coordinators/Subrecipients
5/12/2025 Advertise Public Notice for PY2025 Annual Action Plan Tracey
05/13/2025-06/13/2025 Public Comment Period for Annual Action Plan Tracey
5/20/2025 Upload Subrecipient Agreements & Annual Action Plan in CivicPlus for 6/24/25 BCC meeting Tracey
5/29/2025 Public Hearing for PY2025-2026 Annual Action Plan Tracey
6/24/2025 BCC Approval of FY 2025-2026 Action Plan & Projects/Activities Tracey
*Contingent on whether approval has been received by CM
GRANT CYCLE TIMELINE 2025-2026
Page 39 of 2001
Collier County Community and Human Services Division Very Low-Income (VLI): Means a household earning between 30% and 50% of the Area Median Income
Quarterly Rental Apartment Inventory Survey January 2025 Low-Income (LI): Means a household earning between 50% and 80% of the Area Median Income
***Information deemed reliable but should be independently verified***Moderate Income (MI): Means a household earning between 80 and 120% of the Area Median Income
Property Name Property Address Phone #
1/1
Rental Rate
2/2
Rental Rate
3/2
Rental Rate
Total # of Units
in Development Occupancy Rate
Total Available
Units as of
January 1, 2025
January 2025 January 2024 January 2023 January 2022 Jan 2020 Oct 2019
Goodlette Arms 950 Goodlette Rd N Naples, FL - 34102 (239) 262-3229 $ 1,713.00 N/A N/A 242 100.0%0
Very-Low
Income
$1,173
Very-Low
Income $1,123
Very-Low
Income
$1,061
Very-Low
Income $948
Wolfe Apartments * 4620 16th Pl SW #303, Naples, FL 34116 (239)-353-8746 $ 700.00 $ 900 N/A 46 100.0%0 0 2 0 0 0 0
Bembridge- The Harmony on Santa Barbara (Ekos) 4640 Santa Barbara Blvd (239) 686-0050 $ 1,008.00 $1,212 $1,398 82 100.0%0
Saddlebrook Village 8685 Saddlebrook Cir, Naples, FL 34104 (239) 354-1122 N/A $ 1,230 $ 1,407 140 100.0%0
Whistler's Green 4700 Whistlers Green Cir, Naples, FL 34116 (239) 352-2999 $ 1,103 $ 1,313 $ 1,511 168 100.0%0
Ekos Allegro (Ekos Cadenza II) 8455 Ratt;esnake Hammock Rd (239)955-8679 $ 1,064 $ 1,280 N/A 160 100.0%0
Bear Creek 2367 Bear Creek Dr, Naples, FL 34109 (239) 514-0600 N/A $ 1,282 $ 1,477 108 100.0%0
Brittany Bay 14815 Triangle Bay Dr, Naples, FL 34119 (239) 354-2002 $ 1,080 $ 1,295 $ 1,600 392 99.2%3
Brittany Bay II 14925 Lighthouse Rd, Naples FL 34119 (239) 354-2002 $ 1,080 $ 1,295 $ 1,600 392 100.0%0
Brittany Bay III- Vanderbilt Place 14915 Lighthouse Rd, Naples FL 34119 (239) 354-2002 $ 1,080 $ 1,295 $ 1,600 392 100.0%0
Osprey's Landing 100 Ospreys Landing, Naples, FL 34104 (239) 261-5454 $ 1,110 $ 1,329 $ 1,538 176 100.0%0
Jasmine Cay 100 Jasmine Circle Naples, FL - 34102 (239) 963-9920 N/A $ 1,580 $ 2,668 73 100.0%0 Low Income Low Income Low Income Low Income
Tuscan Isle - Saddlebrook Village 8650 Weir Dr, Naples, FL 34104 (239) 304-3668 $ 1,112 $ 1,332 $ 1,544 298 100.0%0 $1878 2/2 $1,797 2/2 $1,698 2/2 $1,518 2/2
Whistler's Cove 11400 Whistlers Cove Blvd, Naples, FL 34113 (239) 417-3333 $ 1,111 $ 1,333 $ 1,551 240 100.0%0 6 0 0 3 84 135
Villas of Capri * 7725 Tara Cir, Naples, FL 34104 (239) 455-4600 $ 1,110 $ 1,336 $ 1,488 235 98.7%3
College Park 6420 College Park Cir, Naples, FL 34113 (833) 219-9964 N/A $ 1,340 $ 1,556 210 100.0%0
Summer Lakes I - Donovan Center PUD 5600 Jonquil Ln, Naples, FL 34109 (833) 290-3367 $ 1,121 $ 1,347 $ 1,562 140 100.0%0
Summer Lakes II - Bosley PUD 5520 Jonquil Ln, Naples, FL 34109 (833) 290-3367 $ 1,121 $ 1,347 $ 1,561 276 100.0%0
George Washington Carver Apt 350 10th St N Naples, FL - 34102 (239) 261-4595 $ 1,272 $ 1,506 $ 1,814 70 100.0%0
Gordon River Apartments - (Still Water)1400 5th Ave N. Naples, FL 34102 (239)263-7700
N/A $ 1,750 $ 1,950 96 100.0%0
Noah's Landing- Golden Gate Commerce Park PUD
*10555 Noah's Cir, Naples, FL 34116 (239) 775-7115 $ 2,002 $ 2,400 $ 2,898 264 100.0%0
Naples Place I-III 4544-4626 Sunset Rd, Naples, FL 34116 (239) 450-9126 $ 1,200 $ 1,900 $ 2,350 170 100.0%0
Atrium Gulfshore * 5301 Summerwind Dr, Naples, FL 34109 (239) 597-6605 $ 1,668 $ 2,224 N/A 368 98.6%5
10x Living (Alvista at Laguna Bay) * 2602 Fountainview Cir, Naples, FL 34109 (239) 254-7889 $ 1,698 $ 2,088 N/A 456 97.1%13
Jade at Olde Naples * 402 11th St N, Naples, Fl 34102 (239)213-5888 $ 1,800 $ 2,150 N/A 104 98.1%2
River Reach * 1970 River Reach Dr #179, Naples, FL 34104 (239) 643-2992 $ 1,932 $ 2,209 N/A 556 97.8%12
Milano Lakes * 3713 Milano Lakes Circle, Naples, FL 34114 (239) 558-1534 $ 2,297 $ 2,416 $ 2,703 296 98.6%4
Malibu Lakes * 2115 Malibu Lakes Circle, Naples, FL 34119 (239) 596-0035 $ 1,809 $ 2,109 $ 2,799 356 97.5%9
Sierra Grande at Naples * 6975 Sierra Club Cir, Naples, FL 34113 (239) 529-5631 $ 2,061 $ 3,351 $ 5,134 300 100.0%0
Somerset Palms 15985 Arbor View Blvd, Naples, FL 34110 (888) 479-3911 N/A $ 2,150 $ 2,200 169 94.7%9
Moderate
Income/
$2817 2/2
Moderate
Income/
$2697 2/2
Moderate
Income/
$2547 2/2
Moderate
Income/ $2,277
2/2
Moderate Income/ Moderate Income
Briar Landings 1385 Wildwood Lakes Blvd, Naples, FL 34104 (239) 455-2400 $ 1,600 $ 2,000 N/A 240 93.8%15 326 346 100 4 486 653
Oasis Naples 2277 Arbor Walk Cir, Naples, FL 34109 (239) 598-9944 $ 1,800 $ 2,150 N/A 216 99.5%1
Bermuda Island 3320 Bermuda isle Cir., Naples, FL 34109 (888) 415-1140 $ 1,609 $ 2,199 $ 2,809 360 100.0%0
The Point 2155 Great Blue Dr, Naples, FL 34112 (239) 417-5500 $ 1,724 $ 2,002 $ 2,724 248 100.0%0
Advenir Aventine * 9300 Marino Cir, Naples, FL 34114 (239) 793-4603 $ 1,943 $ 2,088 $ 2,905 350 99.1%3
Aster at Lely Resort * 8120 Acacia St, Naples, FL 34113 (239) 919-8375 $ 1,849 $ 2,373 $ 3,509 308 94.2% 18
Orchid Run * 10991 Lost Lake Drive, Naples, FL 34105 (833) 676-4450 $ 2,028 $ 2,354 $ 2,729 282 96.5%10
Meadow Brook Preserve * 1130 Turtle Creek Blvd, Naples, fL 34110 (239) 579-9420 $ 1,875 $ 1,999 $ 2,633 268 85.8%38
Crest Apartments - Vincentian PUD (The Crest) * 11496 Sumter Grove Cir Naples, FL 34113 (239)963-1209 $ 2,097 $ 2,334 $ 3,100 200 96.5%7
Inspira Apartments * 7425 Inspira Circle, Naples, FL 34113 (239) 298-5680 $ 1,975 $ 2,225 $ 2,773 304 96.4%11
Mer Soleil * 4250 Jefferson Ln, Naples, FL 34116 (239) 354-1155 $ 1,700 $ 2,125 $ 2,600 320 95.9%13
I-75/Alligator Alley - (Edge 75) * 120 Bedzel Cir, Naples, FL 34104 (239) 276-7770 $ 1,950 $ 2,295 $ 2,700 320 93.4%21
The Coast Residences 1600 Wellesley Cir, Naples, FL 34116 (239) 353-1211 $ 1,683 $ 2,020 N/A 200 92.0%16
Tree Farm - (Addison Place) 8677 Addison Place Circle, 34119 (239) 232-6109 $ 1,900 $ 2,700 $ 2,959 294 100.0%0
Laurel Ridge 5460 Laurel Ridge Ln, Naples, FL 34116 (239) 353-7766 N/A N/A $ 2,200 78 76.9%18
Wild Pines Of Naples * 2580 Wild Pines Ln, Naples, FL 34112 (239) 793-6419 $ 1,690 N/A N/A 200 100.0%0
Naples 701 * 3531 Plantation Way, Naples, FL 34112 (239) 775-8000 $ 1,495 N/A N/A 188 98.9%2
Belvedere Apartments (Belvedere At Quail Run) * 260 Quail Forest Blvd, Naples, FL 34105 (239) 434-0033 $ 1,765 $ 2,853 N/A 162 97.5%4
Legacy Naples Apartments * 7557 Campania Way, Naples, Fl 34104 (239) 354-7417 $ 2,001 $ 2,584 $ 3,547 304 95.1%15
The Springs at Hammock Cove * 4360 Petal Dr, Naples, FL 34112 (239) 203-3972 $ 1,866 $ 2,436 $ 2,534 340 92.1%27
The Coast (Berkshire Lakes) * 3536 Winifred Row Ln, Naples, FL 34116 (239) 455-8174 N/A N/A $ 2,324 146 88.4%17
Waverley Place * 5300 Hemingway Ln, Naples, FL 34116 (239) 353-4300 $ 1,700 $ 1,925 $ 2,020 300 91%27
Saxon Manor Isles- (Meadow Lakes) * 105 Manor Blvd, Naples, FL 34104 (239) 403-4130 $ 1,843 $ 2,485 $ 2,561 252 93.7%16
Briarwood- Lago Apartments (Lago Apartments) 10200 Sweetgrass Circle. Naples, Fl 34104 (239)384-6881 $ 2,195 $ 2,715 $ 3,338 320 97.8%7
Atlis - Santa Barbara *4710 Atlis Drive, Naples Fl 34104 (239)-372-9850 $ 2,414 $ 2,864 $ 3,572 242 60%0
Marea *3550 Putney Court, Naples FL 34112 (239) 944-7080 $ 2,281 $ 3,057 $ 3,648 300 89%15
Mark Lane Apartments * 15500 Mark Lane, Naples FL 34119 (239) 631-9325 $ 2,250 $ 2,815 $ 3,500 286 96.9%9
Allura 16210 Allura Circle, Naples FL 34110 (239) 788-2641 $ 2,479 $3,048 $3,479 320 95.0%0
The Pearl (Founders Square) * 8820 Walter Way Naples, FL 34120 (239)-294-8985 $ 2,224 $ 2,770 $ 3,575 400 100.0%0
Magnolia Square *5934 Premier Way Suite 2100, Naples FL
34109 (239) 932-6899 $ 2,698 $ 2,804 $ 4,667 290 100.0%0 0 250 439 87
No Moderate Data No Moderate Data
Amberlin * 8630 Amberlin Way Naples, Fl 34114 (239) 350‑1566 $ 1,799 $ 2,763 N/A 188 TBA
Under
Development
Ekos Cadenza at Hacienda Lakes 8471 Rattlesnake Hammock Rd TBA N/A N/A N/A 160 TBA
Under
Development Market Rate Market Rate Market Rate Market Rate
Blue Coral Apartments 5035 Aspire Way TBA N/A N/A N/A 234 TBA
Under
Development
Renaissance Hall (Golden Gate Golf Course)4100 Golden Gate Pkwy TBA N/A N/A N/A 400 TBA
Under
Development
Amerisite- Latigo Apartments (FIORI) 8710 Collier Blvd TBA N/A N/A N/A 303 TBA
Under
Development
Sub-Total Naples Median $ 1,765 $ 2,117 $ 2,600 16,298 97.7% 370 370 598 439 98 570 788
Farm Worker Village 2225 Chadwick Cir, Immokalee, FL 34142 (239) 842-0327 $ 595 $ 645 $ 700 276 100%0
Sanders Pines 2449 Sanders Pine Cir, Immokalee, FL 34142 (239) 657-8333 N/A $ 742 $ 792 41 100.0%0
Willowbrook Place 1836 Ash Ln, Immokalee, FL 34142 (239) 657-3204 $ 734 $ 817 N/A 41 100.0%0
Esperanza Place 2357 Esperanza Way, Immokalee, FL 34142 (239) 657-2009 $ 755 $ 845 $ 905 47 100.0%0
Main Street Village 104 Anhinga Cir, Immokalee, FL 34142 (239) 657-6576 N/A $ 925 $ 995 79 100.0%0
Garden Lake Apartments 1050 Garden Lake Cir, Immokalee, FL 34142 (239) 657-3204 $ 764 $ 892 N/A 65 100.0%0
Very-Low
Income
$1,173 2/2
Very-Low
Income $1,123
2/2
Very-Low
Income
$1,1061 2/2
Very-Low
Income $948
2/2
Very-Low Income Very-Low Income
Heritage Villas 1810 Lake Trafford Rd, Immokalee, FL 34142 (239) 657-3204 $ 830 $ 937 N/A 41 100.0%0
Summer Glenn 1012 Summer Glen Blvd, Immokalee, FL 34142 (239) 657-3204 $ 824 $ 970 N/A 45 100.0%0 0 6 5 23 33 44
Eden Gardens 1&2 1375 Boxwood Drive, Immokalee, FL 34142 (239) 657-7900 N/A $ 1,095 $ 1,100 92 100.0%0
Southern Villas 1802 Custer Ave.,Immokalee, FL 34142 (239) 657-3204 $ 917 $ 1,078 $ 1,273 35 100.0%0
Casa Amigos 2683 Amigo Way, Immokalee, FL 34142 239-657-2009 N/A $ 1,173 N/A 24 100.0%0
Immokalee Senior Housing (Bromelia Place) 612 N 11th St Immokalee, FL - 34142 (239) 657-3649 $ 978 $ 1,137 N/A 30 100.0%0
Immokalee Apartments 601 W Delaware Ave, Immokalee, FL 34142 (239) 657-6185 N/A $ 1,295 $ 1,483 100 100.0%0
Oak Haven 580 Oakhaven Cir, Immokalee, FL 34142 (239) 658-5920 N/A $ 1,290 $ 1,481 160 100.0%0 Low Income
$1,878 2/2
Low Income
$1,878 2/4
Low Income
$1,698 2/2
Low Income
$1,518 2/2
Low Income Low Income
Crestview Park (First Phase)(The Ashley
Apartments)715 Crestview Dr, Immokalee, FL 34142 (877) 475-1665 N/A $ 1,271 $ 1,452 208 100.0%0 0 0 0 0 12 10
Crestview Park II (Second Phase)(The Ashley
Apartments)
722 Crestview Dr, Immokalee, FL 34142 (877) 475-1665 N/A $ 1,267 $ 1,448 96 100.0%0
BCC Collier County Florida Confidential 1/13/2025 Page 1
Page 40 of 2001
Collier County Community and Human Services Division Very Low-Income (VLI): Means a household earning between 30% and 50% of the Area Median Income
Quarterly Rental Apartment Inventory Survey January 2025 Low-Income (LI): Means a household earning between 50% and 80% of the Area Median Income
***Information deemed reliable but should be independently verified***Moderate Income (MI): Means a household earning between 80 and 120% of the Area Median Income
Property Name Property Address Phone #
1/1
Rental Rate
2/2
Rental Rate
3/2
Rental Rate
Total # of Units
in Development Occupancy Rate
Total Available
Units as of
January 1, 2025
January 2025 January 2024 January 2023 January 2022 Jan 2020 Oct 2019
Cypress Run 550 Hope Circle, Imokalee, FL 34142 (239) 657-9032 $ 768 N/A N/A 39 100.0%0
Timber Ridge 2711 Wilton Ct, Immokalee, FL 34142 (239) 657-8333 N/A N/A $ 792 35 100.0%0
Immokalee Fair Housing Alliance 2032 Corazon De La Comunidad CIR TBA N/A N/A N/A 128 TBA
Under
Development
Sub-Total Immokalee Median $ 768 $ 1,024 $ 1,100 1,582 100.0%0 0 6 5 23 45 54
Grand Total Median $ 1,700 $ 1,925 $ 2,200 17,880 97.9% 370 370 604 544 121
615 842
BCC Collier County Florida Confidential 1/13/2025 Page 2
Page 41 of 2001
AHAC Subcommittee Recommendation 01/10/2025
Affordable Housing Rental Unit Tenant Grace Period Policy
If at time of the annual compliance monitoring, a developer/ landlord is found to have a tenant
no longer meeting the income requirements, the developer/ landlord has the option of allowing
the tenant to remain in the unit for up to and not to exceed a 12-month grace period from the
date of the annual monitoring. When a tenant exceeds the income requirements, the developer/
landlord has the option to utilize a floating unit within the development to substitute the unit
occupied by the tenant that is no longer income qualifying for an alternative unit within the
development that is income qualifying. In all cases, the developer/ landlord shall still be
responsible for maintaining the agreed to mix of total number of units per %AMI income
categories as approved by the governing documents. Tenant Household Income will be calculated
in accordance with LDC Section 2.06.05.B.4. (using most recent filed tax return).
Scenario:
1. A household is initially income qualified to lease an affordable unit.
2. At some point the tenant’s income increases pushes them over the income limit.
3. Tenant’s new income is reported on their yearly tax return.
4. During the yearly monitoring the tenant is found to be over income.
5. Tenant is put on notice that their household income will be recalculated at the next yearly
monitoring, and if still over income, the developer must replace them with an income
qualifying household; alternatively, the developer could certify the occupant of an alternate
unit.
-----------------
Existing AHDB LDC Section on How Income is Calculated:
2.06.05.B.4. Income verification. The County Manager or designee or the developer shall obtain
written verification from the potential occupant (including the entire household) to verify all
regular sources of income to the potential tenant/owner (including the entire household). The
written verification form shall include, at a minimum, the purpose of the verification, a statement
to release information, employer verification of gross annual income or rate of pay, number of
hours worked, frequency of pay, bonuses, tips and commissions and a signature block with the
date of application. The verification shall be valid for up to 90 days prior to occupancy. Upon
expiration of the 90-day period, the information may be verbally updated from the original
sources for an additional 30 days, provided it has been documented by the person preparing the
original verification. After this time, a new verification form must be completed. The income
verification may take the form of the most recent year's filed income tax return for each occupant
who had filed and will occupy the affordable housing unit.
Page 42 of 2001
Staff recommendation 01/16/2025 AHAC Meeting
Affordable Housing Rental Unit Tenant Grace Period Policy
Policy Name: Affordable Housing Rental Unit Tenant Grace Period
Purpose: To allow Apartment Managers and Tenants a mechanism that allows greater
flexibility and compliance options when a tenant’s income increases above
required local limits.
Background: It is the desire of Collier County to ensure that Affordable Housing Set-Aside units
are occupied by households meeting program requirements. It is also the desire
of Collier County to provide local flexibility in compliance monitoring, when
possible, by allowing adequate notice and options to tenants and landlords.
Members of the community have requested and supported this policy.
Applicability: This Policy shall apply to Affordable Housing Set-Aside units that are restricted by
local PUD and/or GMP commitments.
Affordable Units that are subject to other local, State, or Federal restrictions shall
abide by the regulations governing those programs.
Policy: All Affordable Housing Set-Aside units shall be monitored annually to ensure
compliance with local restrictions.
If at the time of the annual compliance monitoring, a developer/ landlord is found
to have a tenant no longer meeting the income requirements, the developer/
landlord has the following options:
1) The landlord and tenant are put on notice that their household income has
risen above the maximum allowable limit for an affordable set-aside unit. The
landlord and tenant will be given a 12-month grace period during which the
tenant’s income may be recalculated due to changing household dynamics,
HUD Income Limit updates, or other factors. If upon recalculation, the tenant’s
income comes into compliance, they shall be allowed to stay in the unit and
the landlord will be considered in compliance with monitoring regulations.
2) If at the conclusion of the 12-month Grace Period, the tenant’s income is still
over the limit, the Landlord/Developer may substitute the unit occupied by
the tenant that is no longer income-qualifying for an alternative unit within
the development that is occupied by a household that is income qualifying
(“floating units”).
Household Income will be calculated per LDC Section 2.06.05.B.4. (allowing use of
the most recently filed income tax return).
Page 43 of 2001
NEW RESIDENIAL UNITS APPROVED IN 2024
Application
Number Project Name Hearing
Date
Outcome:
Ordinance/
Resolution
/Other
Maximum Number
of Residential
Dwelling Units
Allowed
New
Residential
Dwelling Units
Approved
(zoned)
New
Affordable
Dwelling Units
Approved
(zoned)
Percentage
Affordable
Area Median Income Level
(AMI) Commitment
2 PL20220002704 135 Price Street (From A to RSF-2)6/11/2024 2024-29 3 SF 3 0 0.0%None
4 PL20230017241 Immokalee One-Stop MPUD 9/10/2024 2024-33 61 MF 61 0 0.0%None
46 units @ 60%
46 units @ 80%
15 units @ 50%
22 units @ 80%
35 units @ 100%
16 units @ 30%
80 units @ 50%
64 units @ 80%
16 units @ 80%
17 units @ 100%
77 units @ 120% Rent Only
113 @ 80%
112 @ 100%
1,957 613 31.3%
Updated 12.19.24
2024 New Residential Units Approved
33 30.0%
PL20210003111/
PL202100036112 Fiddler's Creek PUDA 12/10/2024 2024-tba 750 750 225 30.0%
PL20230007874 Tollgate Commercial Center PUD 11/12/2024 2024-47 110 MF Rental 110
72 30.0%
PL20240000904 Ekos Creekside (Fka Ekos on Collier)10/8/2024 Live Local 160 MF Rental 160 160 100.0%
PL20220001011 /
PL20220001010 Mattson at Vanderbilt RPUD 10/22/2024 2024-45 150 MF Rental 150
10.0%
PL20220003804/P
L20220003805
JLM Living East Residential Overlay Rural Fringe Mixed
Use 9/24/2024 2024-42 305 MF 305 92 30.0%
309 31
PL20220004175 12425 Union Road RPUD 1/9/2024 Res. 2024 109 RU 109
8
9
31 units @ 50%
1
3
5
6
7
0 0.0%None
PL20220005665 Elanto at Naples RPUD 9/10/2024 2024-31 309 MF
Page 44 of 2001
Recent BCC Actions since 11/19/24 mtg
12/10/2024 Fiddlers Creek PUDA 750 Rental 225 Affordable 15%@80%15%@100%112 113
1/14/2025 Multifamily Parking Discussion No APRS
Upcoming Scheduled Pubic Hearings
1/28/2025 BCC Tamiami Trail Greenway Rd MPUD 300 Rental 90 Affordable 15%@80%15%@100%45 45
2/20/2025 CCPC Tamiami Trail 58 Acre PUD 400 Rental 120 Affordable 15%@80%15%@100%60 60
3/25/2025 BCC OR 186 Owner 28 Affordable 15%@120%28
2/20/2025 CCPC NC Square MPUD 249 Rental 74 Affordable 15%@80%15%@100%37 37
4/8/2025 BCC
3/6/2025 CCPC CHP Final Initiatives Nighttime hearing
Page 45 of 2001
Page 1 of 2
Staff recommendation 01/16/2025 AHAC Meeting ((v2.0))
Affordable Housing Rental Unit Tenant Grace Period Policy
Policy Name: Affordable Housing Rental Unit Tenant Grace Period
Purpose: To allow Apartment Managers and Tenants a mechanism that allows greater
flexibility and compliance options when a tenant’s income increases above
required local limits during the term of their lease.
Background: It is the desire of Collier County to ensure that Affordable Housing Set-Aside units
are occupied by households meeting program requirements , as verified and
certified by the developer/landlord. It is also the desire of Collier County to
provide local flexibility in compliance monitoring, when possible, by allowing
adequate notice and options to tenants and developers/landlords. Members of
the community have requested and supported this policy.
Applicability: This Policy shall apply to Affordable Housing Set-Aside units that are restricted by
local PUD and/or GMP commitments.
Affordable Units that are subject to other local, State, or Federal restrictions shall
abide by the regulations governing those programs.
Policy: All Affordable Housing Set-Aside units shall be monitored annually onsite or via
desk review to ensure compliance with local restrictions.
Annually, at the time of tenant lease renewal, the developer/landlord shall
determine if the tenant continues to meet the household income limits as
established by the PUD and/or GMP. If the tenant exceeds the household income
limits, the following applies:
1) The developer/landlord puts the tenant on notice that their household income
has risen above the maximum allowable limit for an affordable set -aside unit.
The tenant will be given a 12-month grace period, from the date of lease
renewal, during which the tenant’s income may be recalculated due to
changing household dynamics, HUD Income Limit updates, or other factors. If
upon recalculation, the tenant’s income comes into compliance, they shall be
allowed to stay in the unit and the developer /landlord will be considered in
compliance with monitoring regulations.
2) If at the conclusion of the 12-month Grace Period the tenant’s household
income still exceeds the limit, the developer/landlord may substitute the unit
occupied by the tenant that is no longer income -qualifying for an alternate
unit within the development that is occupied by a household that is income -
qualifying (“floating units”).
Page 46 of 2001
Page 2 of 2
If at the time of the annual compliance monitoring, a developer/landlord is found
to have a tenant no longer meeting the income requirements , the following
applies:
1) The developer/landlord and tenant are put on notice that tenant’s household
income has risen above the maximum allowable limit for an affordable set-
aside unit. The developer/landlord and tenant will be given the remainer of
their 12-month grace period during which the tenant’s income may be
recalculated due to changing household dynamics, HUD Income Limit updates,
or other factors. If upon recalculation, the tenant’s income comes into
compliance, they shall be allowed to stay in the unit and the landlord will be
considered in compliance with monitoring regulations.
2) If at the conclusion of the 12-month Grace Period, the tenant’s income is still
over the limit, the developer/landlord may substitute the unit occupied by the
tenant that is no longer income-qualifying for an alternative unit within the
development that is occupied by a household that is income qualifying
(“floating units”).
Household Income will be calculated using of the most recently filed income tax
return.
Page 47 of 2001