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The Clerk of the Board is responsible for keeping accurate minutes and maintaining Board records for each Board of County Commissioner (BCC) and Value Adjustment Board (VAB) meeting. In addition, every 4 years, the Clerk of the Board office provides staff support to the Charter Review Commission (CRC) appointed by the BCC. Please contact our office if you need an accessible version of documents on this page, and one will be provided.

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1. To search BCC records by meeting date and/or a specific term between September 23, 1869 and December 14, 2010, view the 'BCC Meetings' page.

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5.    To search CRC regular business meeting records by a specific term between February 25, 2019 through Present, select the 'Search Records' tab.

File #: 24-1716    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 11/7/2024 In control: Planning, Environmental, and Development Services Department
On agenda: 12/3/2024 Final action: 12/3/2024
Title: Approval and execution of Affordable Housing Homeownership Loan Program Administration Agreement between Orange County, Florida and Neighborhood Lending Partners of Florida, Inc., to provide $3.5 million from the Affordable Housing Trust Fund and create a Revolving Loan Fund for administrative services and construction loans. All Districts. (Housing and Community Development Division)
Attachments: 1. Consent - Affordable Housing Home Loan Program Administration Agreement with NLP - Affordable Housing Trust Fund Revolving, 2. 2024-12-03 Planning, Environmental, and Development Services Department Consent Item-04
Interoffice Memorandum

DATE: November 7, 2024

TO: Mayor Jerry L. Demings and County Commissioners

THROUGH: N/A

FROM: Tanya Wilson, AICP, Director
Planning, Environmental, and Developmental Services Department

CONTACT: Mitchell Glasser, Manager

PHONE: 407-836-5190

DIVISION: Housing and Community Development Division

ACTION REQUESTED:
title
Approval and execution of Affordable Housing Homeownership Loan Program Administration Agreement between Orange County, Florida and Neighborhood Lending Partners of Florida, Inc., to provide $3.5 million from the Affordable Housing Trust Fund and create a Revolving Loan Fund for administrative services and construction loans. All Districts. (Housing and Community Development Division)
body

PROJECT: Affordable Housing Homeownership Loan Program Administration Agreement

PURPOSE: On March 24, 2020, the Board adopted Ordinance No. 2020-09 establishing the Affordable Housing Trust Fund for the purpose of providing the financial resources and the leverage necessary to create affordable housing units in Orange County. On September 22, 2020, the Board adopted the first Affordable Housing Trust Fund Plan FY 2020-2022 that outlines the eligible uses of the Affordable Housing Trust Fund, including a strategy to provide a Revolving Loan Fund for low interest loans to non-profit developers to build new homes and acquire or rehabilitate projects in both unincorporated and incorporated Orange County. Providing Revolving Loan Funds to non-profit developers will serve as a low-interest financing mechanism to scale up the production of for-sale, affordable housing units.

The County desires to utilize the services of Neighborhood Lending Partners of Florida, Inc. (NLP), a non-profit organization and community development financial institution, to provide administrative services and construction loans to non-profit developers as part of the Revolving Loan Fund. The County desires to enter into this agreement with NLP to provide $...

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