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File #: 25-427    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 2/27/2025 In control: Planning, Environmental, and Development Services Department
On agenda: 3/25/2025 Final action: 3/25/2025
Title: Approval and execution of Multi-Family Affordable Housing Developer's Agreement for Impact Fee Exemption (Osprey Sound Apartments) by and between Orange County, Florida and Osprey Sound Apartments, L. P. in the amount of $378,348 for units that are defined as affordable. District 6. (Housing and Community Development Division)
Attachments: 1. Osprey Sound Apartments, LP - MFAH Developer’s Agreement Impact Fee Exemption, 2. 2025-03-25 Planning, Environmental, and Development Services Department Consent Item-06
Interoffice Memorandum

DATE: February 27, 2025

TO: Mayor Jerry L. Demings and County Commissioners

THROUGH: N/A

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

CONTACT: Mitchell Glasser, Manager

PHONE: 407-836-5190

DIVISION: Housing and Community Development Division

ACTION REQUESTED:
title
Approval and execution of Multi-Family Affordable Housing Developer's Agreement for Impact Fee Exemption (Osprey Sound Apartments) by and between Orange County, Florida and Osprey Sound Apartments, L. P. in the amount of $378,348 for units that are defined as affordable. District 6. (Housing and Community Development Division)
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PROJECT: Multi-Family Affordable Housing Developer's Agreement for Impact Fee Exemption (Osprey Sound Apartments) Osprey Sound Apartments, L.P.

PURPOSE: Osprey Sound Apartments, L.P. is a Florida limited partnership that provides permanent affordable housing for very low to low-income senior residents. Osprey Sound Apartments, L.P. submitted a request for impact fee exemptions for Osprey Sound Apartments under Orange County adopted Ordinance Nos. 2021-28, 2021-29, 2023-01, 2023-02, and 2023-03, which among other things, provides the opportunity for exemption from the payment of impact fees for school, transportation, fire rescue, law enforcement, and parks and recreation, respectively, for certain affordable housing projects in accordance with Section 163.31801, Florida Statutes. The Osprey Sound Apartments project will consist of 100 units, which will be rented to low-income senior households whose average household income does not exceed 70 percent of the area median income and shall remain affordable for a period of 20 years. As a senior housing project, the project is exempt from the payment of school impact fees.

Orange County supports the exemption of all or a portion of County Impact Fees for the purpose of providing affordable rental units for low to extremely low-income O...

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