TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Discussion and Possible Action Regarding Development of a Hometown Heroes Workforce Housing Impact Fee Incentive Program.
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Recommended Action
Option 1: Direct the City Manager to work with the initiating Developer to draft a Hometown Heroes Program to provide impact fee waivers for workforce housing and bring the item back to a future City Commission Regular Meeting for the City Commission's consideration.
City Commission Options
Option 1: Direct the City Manager to work with the initiating Developer to draft a Hometown Heroes Program to provide impact fee waivers for workforce housing and bring the item back to a future City Commission Regular Meeting for the City Commission's consideration.
* Pros:
o May offer a financial incentive to encourage development of workforce housing.
o May support homeownership opportunities for individuals employed in certain eligible sectors, such as healthcare, education, and public service.
? Cons: Would require the City to identify funding sources to offset foregone impact fee revenues, which could be substantial.
Option 2: Provide direction not to pursue development of a Hometown Heroes Program that includes impact fee waivers.
* Pros: The City would not be required to identify funding sources to offset impact fee waivers.
* Cons: Workforce housing development would continue to lack City-funded assistance.
Background Information
The following provides a chronological order of events regarding affordable and workforce housing incentive programs:
> May 27, 2025: During the City Commission Regular Meeting, the City Commission directed the City Manager to return with an item for discussion regarding affordable and workforce housing incentive programs. During that meeting, the City Commission briefly discussed the concept of a ...
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