125.35(A) When an application for a
is made for the
of
, as defined in § 1.01, the
may waive, upon a request therefor, dedications of land, payments of money in lieu thereof, if the
finds that the proposed project will provide
for
,
, and/or
as defined in § 1.01. Prior to consideration of any waiver request, the developer shall obtain certification from Broward County stating that the project qualifies as
at a specified income level.
125.35(B) The percentage of any waiver granted shall be as follows:
Very Low Income | 100% |
Low Income | 75% |
Moderate Income | 50% |
125.35(C) Any such waiver shall be only for that portion of the
that qualifies as
.
125.35(D) Upon such waiver, the
shall identify on the record the source of funds that will be used to pay for the services or facilities that would otherwise have been paid for by such dedications, payments, or fees.
125.35(E) Developers shall enter into an agreement with the
upon terms and conditions determined by the
to be necessary to reasonably ensure that
is constructed, that any waiver hereunder enhances the affordability of the housing, and that such units are rented or sold to
meeting the income limitations defined in § 1.01. The requirement for the agreement may be waived by the
if, in the opinion of the
, adequate alternate assurances exist.
(Ord. 2010-21, passed 10-4-2010)