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Commission adopts 2024 affordable housing incentives report, forwards amended LHAP to state
Summary
The West Palm Beach City Commission unanimously adopted the 2024 Affordable Housing Incentives Report and authorized amending the city's Local Housing Assistance Plan for submission to the Florida Housing Finance Corporation; staff recommended continuing 11 state-required incentives and adding a one-stop developer resource.
The West Palm Beach City Commission on March 17 adopted the 2024 Affordable Housing Incentives Report and approved amending the city's Local Housing Assistance Plan so the changes can be transmitted to the Florida Housing Finance Corporation.
The report, presented by Kimberly Spence, assistant director of housing and community development, summarizes the Affordable Housing Advisory Committee's review of state-required incentives and new local recommendations. "The item before you is the 2024 affordable housing incentive report," Spence told the commission before walking through the committee's findings.
Why it matters: the advisory committee's incentives are tied to eligibility for SHIP (State Housing Initiatives Partnership) funding and guide local steps to expand affordable and workforce housing. The committee recommended maintaining…
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