Community_Land_Trust_Not-For-Profit-Agency.pdf

This document is a Community Land Trust Not-For-Profit Agency partnership exploration initiated by the City of Kissimmee, Florida, developed in consultation with the Affordable Housing Advisory Committee (AHAC) and the Florida Housing Coalition. The City of Kissimmee is seeking to partner with an existing not-for-profit agency to establish a Community Land Trust (CLT) that will support the development and permanent preservation of affordable housing for lower-income households within the community. This Request for Information represents the culmination of months of research and represents a strategic initiative to address affordability challenges facing the city's lower-income residents. The AHAC recommended on March 12, 2024, that the City collaborate with the Florida Housing Coalition to explore optimal implementation strategies for a CLT model before seeking approval from the City Commission.

The initiative requires development of both legal and operational frameworks for the CLT prior to City Commission approval. The project is positioned as a long-term affordable housing strategy and preservation mechanism rather than a traditional procurement with specific pricing structures, set-asides, or renewal options. Funding sources and amounts are not specified in this phase, as the effort remains in the exploratory and framework-development stage. The project is driven by the city's commitment to addressing housing affordability and preservation for vulnerable populations within the Kissimmee community.