Ormond_Beach_Affordable_Housing_Parcels_Scope.docx

The document is a Scope of Work for the Ormond Beach Affordable Housing Parcels, involving Volusia County, Florida, seeking to donate county-owned land to a non-profit organization for affordable housing development. The county aims to create new housing units that will be rented or sold to households at or below 120% of the area median income (AMI), with a requirement that at least 51% of units benefit households at or below 80% AMI. The project involves constructing affordable housing units within 48 months of executing a written agreement, with specific guidelines on income limits, rent restrictions, and sales prices.

The affordable housing project will be subject to a 50-year affordability period, during which income and rent will be restricted according to SHIP (State Housing Initiative Program) limits. Developers must comply with state and local codes, obtain necessary permits, meet Florida Building Code standards, and adhere to nondiscrimination policies. The county encourages energy-efficient construction methods and materials. Rental units will be accessible to Section 8 assistance recipients, and homebuyers must meet specific front-end and back-end ratio requirements. The non-profit organization will be responsible for development, reporting progress to the Community Assistance Division, and ensuring ongoing compliance with affordability restrictions through a recorded declaration of covenants and restrictions.