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Agenda 09/25/2018 Item #16D 109/25/2018 EXECUTIVE SUMMARY Recommendation to approve an amended and restated Agreement authorizing affordable housing density bonus and imposing covenants and restrictions on Real Property as a companion item to the Esperanza Place RPUD. (This is a companion to Agenda Item 17.A) OBJECTIVE: To support the affordability of housing in Collier County through the Collier County Affordable Housing Density Bonus Program. CONSIDERATIONS: The Collier County Affordable Housing Density Bonus Ordinance No. 90-89, codified by Ordinance 04-41, as amended, as Land Development Code 2.06, authorizes the Board of County Commissioners (Board) to enter into an Affordable Housing Density Bonus Agreement with an owner or developer to encourage the development of additional rental or homeownership housing that is affordable for Collier residents. The Affordable Housing Density Bonus Agreement shall be a lien on the property. The owner of the Esperanza Place RPUD entered into an Affordable Housing Density Bonus Agreement with the Board on June 10, 2008. This request to amend the existing agreement will reduce the gross density of the property from 8.28 units per gross acre to 5.03 units per gross acre and reduce the total number of housing units from 262 to 159 units. This amendment reduces the number of density bonus units from 135 to 33. Currently, there are forty-six (46) multi-family units on the site and four (4) single- family homes. Ten (10) of the existing rental units are leased to tenants who are at or below fifty (50%) percent of the County median income (very-low income) with thirty-six (36) units rented to tenants at low-income or fifty-one to sixty (51-60%) percent of County median. This amended and restated Affordable Housing Density Bonus Agreement is a companion Item to Summary Agenda Item #6474 Esperanza Place RPUD, PUDA PL20170001326 amending Ordinance No. 2008-28. FISCAL IMPACT: There is no Fiscal impact. GROWTH MANAGEMENT IMPACT: The Affordable Housing Density Bonus Program assists the County in meeting the goals and objectives of the Housing Element of the Growth Management Plan. LEGAL CONSIDERATIONS: This Item is approved for form and legality and requires a majority vote for Board approval. -JAB RECOMMENDATION: To approve and authorize the Chairman to sign the amended and restated Agreement authorizing affordable housing density bonus and imposing covenants and restrictions on Real Property as a companion item to the Esperanza Place RPUD. Prepared By: Susan Golden, Sr. Housing and Grant Coordinator, Community and Human Services Division ATTACHMENT(S) 1. AHDBA stamped & corrected pg 1 & 20 (PDF) 16.D.1 Packet Pg. 1453 09/25/2018 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.1 Doc ID: 6581 Item Summary: Recommendation to approve an amended and restated Agreement authorizing affordable housing density bonus and imposing covenants and restrictions on Real Property as a companion item to the Esperanza Place RPUD. (This is a companion to Agenda Item 17.A) Meeting Date: 09/25/2018 Prepared by: Title: – Community & Human Services Name: Susan Golden 08/30/2018 2:04 PM Submitted by: Title: Division Director - Cmnty & Human Svc – Public Services Department Name: Kimberley Grant 08/30/2018 2:04 PM Approved By: Review: Community & Human Services Maggie Lopez Additional Reviewer Completed 09/04/2018 8:22 AM Community & Human Services Kristi Sonntag Additional Reviewer Completed 09/04/2018 11:28 AM Community & Human Services Cormac Giblin Additional Reviewer Completed 09/05/2018 2:06 PM Public Services Department Joshua Hammond Additional Reviewer Completed 09/05/2018 3:30 PM Zoning James Sabo Additional Reviewer Completed 09/10/2018 4:50 PM Public Services Department Todd Henry Level 1 Division Reviewer Completed 09/11/2018 7:50 AM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 09/11/2018 9:41 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 09/13/2018 12:31 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/13/2018 1:22 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 09/14/2018 8:47 AM Budget and Management Office Ed Finn Additional Reviewer Completed 09/17/2018 2:34 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 09/17/2018 3:03 PM Board of County Commissioners MaryJo Brock Meeting Pending 09/25/2018 9:00 AM 16.D.1 Packet Pg. 1454 16.D.1.aPacket Pg. 1455Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1456Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1457Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1458Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1459Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1460Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1461Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1462Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1463Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1464Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1465Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1466Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1467Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1468Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1469Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1470Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1471Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1472Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1473Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1474Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1475Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1476Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1477Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1478Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1479Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1480Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1481Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1482Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1483Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1484Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1485Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus) 16.D.1.aPacket Pg. 1486Attachment: AHDBA stamped & corrected pg 1 & 20 (6581 : Esperanza Place Affordable Housing Density Bonus)