Affordable Housing Designation Overview
Manatee County implements a wide range of affordable housing programs and provide incentives designed to enhance opportunities for developers to construct new or convert commercial buildings into affordable housing units that are suitable for low to moderate-income owner-occupied individuals and families, and low to moderate-income rental residents of Unincorporated Manatee County.
The Program utilizes the Affordable Housing Designation Application process as an opportunity for developers to participate in the program to receive the incentives offered through Neighborly Click Here pursuant to Section 545 Affordable Housing Incentives and Section 1108.6 - Affordable Housing (Impact Fees).
Program Goal:
The goal of the Affordable Housing Designation Program is to foster the construction of new mixed-income rental and homeownership development at an affordable rate. The number of dwelling units must be equal to or greater than 25% of the total number of units being constructed to take advantage of the incentives from the program. Participation in the program is subject to a Land Use Restriction Agreement (LURA) between the developer/land owner and Manatee County, requiring that they remain as qualified affordable dwellings units under terms established by the program pursuant to Resolution R-22-158 Livable Manatee Incentive Program.
Maximum Rent and Income Limits
Maximum Purchase Price and Income Limits
Program Incentives:
According to the Land development Code (LDC) Link to Chapter 545 , these are the incentives available to developers: Housing Rapid Response Team/Fast Tracking, Fee Deferral and Reimbursements, Tree Protection Trust Fund, Density Bonus, CLOS Extension Request, and Site Improvement Incentives.
Developer Estimated Timeline
Please complete the application via the link below in its entirety if you would like to participate in the Affordable Housing Designation Incentive program.
Contact:
Rowena Elliot at 941-748-4501 Ext. 1274 or [email protected] should you have questions regarding this process or at any stage of completing the application.
CLICK HERE: AFFORDABLE HOUSING SCOPING MEETING REQUEST FORM AND DESIGNATION APPLICATION FOR DEVELOPERS