3. In the event the Project fails to meet the 20-year affordability period following the issuance

Affordable Housing Advisory Committee (Cancelled) · 2026-04-16 · agenda_item

This item concerns proposed changes to the City of Kissimmee's Local Housing Assistance Plan (LHAP). Staff has identified the need to amend certain provisions to avoid confusion during implementation and future audits. The Florida Housing Finance Corporation (FHFC) is being consulted to ensure these changes are accepted as technical revisions. This matter is currently under review by the Affordable Housing Advisory Committee, though the committee meeting was cancelled. The proposed changes focus on clarifying requirements related to the 20-year affordability period for housing projects. If a project fails to meet this period, fees in effect at the time of the change would become immediately due. This is an early stage in the process, with no direct construction work immediately indicated, but it sets the framework for future affordable housing development. Contractors, suppliers, and service providers interested in future affordable housing projects should monitor these plan changes as they could impact project requirements and eligibility.