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County Administrator's Report 12. 7.

BCC Regular Meeting

Technical/Public Service Consent

Meeting Date:	05/05/2016
Issue: Resolution for Northwest Florida Community Housing Development Corporation, Inc.
From:	Tonya Gant
Department:	Neighborhood & Human Svcs
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the Northwest Florida Community Housing Development Corporation, Inc.'s Proposed Disaster Housing Recovery Program - Tonya Gant, Neighborhood & Human Services Department Director

That the Board take the following action concerning the Northwest Florida Community Housing Development Corporation, Inc.'s, proposed Disaster Recovery Housing Program, under the Community Contribution Tax Credit Program:

A. Adopt a Resolution certifying that the Northwest Florida Community Housing Development Corporation, Inc.'s proposed Disaster Recovery Housing Program, under the Community Contribution Tax Credit Program is consistent with local plans and regulations; and

B. Authorize the Chairman or Vice Chairman to execute the Resolution.

BACKGROUND:

Northwest Florida Community Housing Development Corporation, Inc. (Corporation) wishes to apply as a sponsor for Community Contribution Tax Credit Program (CCTCP) funding through the State of Florida Department of Economic Opportunity. To submit an application to become a tax credit sponsor, Corporation must have a Resolution (Exhibit I) from the local government stating that the proposed project is consistent with local plans and regulations, including comprehensive plans. Corporation is a 501(c)3 entity that has the provision of affordable housing as part of its mission.

The CCTCP provides a financial incentive (up to 50 percent tax credit or sales tax refund) to encourage Florida businesses to make donations toward community development and housing projects for low-income persons. Corporation will partner with local businesses for contributions and volunteers to rebuild homes affected by the February tornados. An overview of the CCTCP is attached as Exhibit II.

BUDGETARY IMPACT:

Not applicable to this recommendation.

LEGAL CONSIDERATIONS/SIGN-OFF:

This Resolution has been approved by Kristin Hual, Assistant County Attorney.

PERSONNEL:

Not applicable to this recommendation.

POLICY/REQUIREMENT FOR BOARD ACTION:

Not applicable to this recommendation.

IMPLEMENTATION/COORDINATION:

Not applicable to this recommendation.

Attachments
Ex_I-Resolution
EX II-CCTCP Info Sheet