At the July 20 The Volusia County Council July 20 unanimously approved an incentive agreement with Atlantic Housing Partners and Clyde Morris Partners, which will make more of the units at Clyde Morris Landing in Daytona Beach affordable.
The county will pay the partnership $60,000 a year for 15 years for a guarantee from the partners to provide 216 affordable multifamily units at Clyde Morris Landing, which will have a total of 392 units.
For the 216 units rental rates will not exceed the 30% limits set by by the U.S. Department of Housing and Urban Development for low-income, very low-income or extremely low-income households.
Following a review of invoicing and documentation to show the affordable households have been served, the annual grant payment will be made.
Atlantic Housing Partners have developed about 36,000 affordable and other housing units across 10 states over the past 30 years and owns and manages 18,000 units throughout Florida. Parc Hill in Orange City, Taylor Place in DeLand, Cape Morris Cove in Daytona and Saxon Cove in DeBary are examples of properties the firm developed.
The City of Daytona Beach approved the project on June 16, which will be completed by the end of this year.
At the July 20 meeting, Councilwoman Barbara Girtman stated, “I think it’s a good model. For our affordable housing needs, I think we are going to need options and variety for different opportunities and I think this is one of those opportunities so I would like to make the motion to approve.”
Councilwoman Heather Post added the proposal was “a perfect example of a public/private partnership.”
Councilman Ben Johnson said “We can’t afford not to do it.”
Rev. Benjamin Collins, a F.A.I.T.H. member and founder and pastor of Collective United Methodist Church, spoke at the meeting.
“This Clyde Morris Landings proposal addresses a critical need in the county. F.A.I.T.H. is here primarily to support this project and encourage the County Council to provide this necessary funding,” Rev. Collins said. “We also want to hold this up as the kind of project a countywide trust fund could support year after year if the council would establish it.”
F.A.I.T.H. (Fighting Against Injustice Towards Harmony) is a non-profit comprised of 30 religious congregations in Volusia County. F.A.I.T.H. is a direct-action organization made up of "Justice ministries" that work together to address the root cause of community problems. Affordable housing is a current campaign of the organization with F.A.I.T.H. members calling on the County Council to create a locally controlled Housing Trust Fund.
Father Chris Hoffmann, pastor of Our Lady of the Lakes Catholic Church in Deltona, is former co-chair of F.A.I.T.H. and an active member.
After the meeting, Fr. Hoffman said, “Since the recession of 2008, fewer homes have been built. Yet, the number of people needing housing has increased, which has caused a shortage of homes in some areas, including Central Florida. We have seen the cost of rent increase along with the price for homes and mobile homes.”
Many people who could afford a home a decade ago, cannot now, he said. “That is why affordable housing is so critical. I am glad our County Council saw the research that F.A.I.T.H. provided and have taken a step towards making affordable housing more available in Volusia County.”