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Resolution 102-2006 WHTF "Tn ~SOLUTION NO.. 102 -2006 A RESOLUTION OF THE MONROE BOARD OF COUNTY COMMISSIONERS IMPLEMENTING A 70% LOCALLY DERIVED GAINFUL EMPLOYMENT INCOME REQUIREMENT IN ORDER TO QUALIFY TO RENT OR PURCHASE WORKFORCE HOUSING WHEREAS, the Board of County Commissioners has recently empanelled a Workforce Housing Task Force made up of members from throughout the Florida Keys to address critical housing affordability issues facing the Florida Keys; and WHEREAS, the State of Florida and all local governments in the Florida Keys (each subject to Area of Critical State Concern mandates relating to housing affordability) recognize the need for affordable housing throughout the state and particularly in the Florida Keys where developable land for housing is extremely limited and expensive; and WHEREAS, the challenge of providing both affordable and workforce housing opportunities in the Florida Keys is one requiring sensible and responsible use of public funds and limited ROGO allocations; including implementation of effective long-term mechanisms to ensure that housing designed to serve the workforce remains available for use by families working in Monroe County; and WHEREAS, based upon recommendations of the Monroe County Workforce Housing Task Force and upon the consideration and finding of this Board that these recommendations are sound and merit immediate implementation; now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA that: Section I: The following "locally earned income" requirements for tenants and purchasers of deed-restricted workforce housing shall apply in Monroe County, and Planning Department staff is directed to ensure that relevant land development regulations reflect such requirements: A. Tenants of all workforce rental housing must receive at least seventy percent (70%) of their family income from gainful employment within the County, which income requirement should be verified on an annual basis. B. Purchasers of all workforce "ownership" housing units must receive at least seventy percent (700,/0) of their family income from gainful employment within the County at the time of their purchase of a workforce housing unit. Additionally, to the extent legally permissible, in order to remain eligible to retain ownership of and to reside in their workforce housing unit into retirement, purchasers of all workforce "ownership" housing units must for the five (5) years immediately following their purchase continue to earn at least seventy percent (700,/0) of their family income from gainful employment within the County. Relevant income requirements should be verified on an annual basis and all workforce "ownership" housing units must at all times remain "owner occupied" dwellings. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida at a regular meeting of said Board held on the 15th day of February, 2006. Mayor McCoy Yes Mayor Pro Tern Nelson Yes Commissioner Neugent Yes Commissioner Rice Yes Commissioner Spehar Yes BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA Mayor CHARL\ONNY" McCOY AtTEST: Danny L. Kohlage, Clerk :t 0 o 'P :% %. ::;0 ("'".)_.. or...... m;s::-< (")" r o (") . c::-:;:s :,~~ ?J .;:::; --\ (") :..," -< --I -'- ... . ~,. -rt {:;-) ! rr; 'P ,C':~o..h&Q. ~~~ Deputy Clerk Approved as to form: IIf/ 2 ~ ~ eT'" ::J: ~ ... -0 :s (.0) .. N -a ..." - \- r'1 o -rt o 7J :;0 jI1 C") o 7J o