Pursuant to F.S. § 166.04151(7), at least 40% of the multi-family residential
shall remain affordable, as defined in F.S. § 420.0004, for a period of at least 30 years. This requirement shall be incorporated as a condition into any administrative approval. Furthermore, as a prerequisite to the issuance of a building permit, the
shall execute and deliver to the
for recordation in the public records, on a form approved by the
, a covenant, declaration of restriction, or other deed restriction in favor of the
ensuring compliance with this affordability requirement.
(Ord. 2023-09, passed 7-5-2023)