Submitted By: Roberto Ellis
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Presentation By: James Haynes
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Department: Growth Management
STAFF RECOMMENDATION (Motion Ready):
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Approve an Affordable Housing Incentive Fund disbursement to Delva One Construction, LLC for the construction of a new single-family affordable housing unit at 1316 NW Eighth Street, in an amount not to exceed $5,699
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OCALA’S RELEVANT STRATEGIC GOALS:
Quality of Place
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
The City encourages new construction and rehabilitation of affordable housing by offering a housing incentive fund to offset development charges. These benefits are intended to promote affordable housing while maintaining quality construction and site design.
Per Section 106-105 (e), City of Ocala, Code of Ordinances, housing incentive fund distributions shall not exceed $20,000 per affordable housing unit across all eligible fees and stages of development and will be distributed after an application for funds is reviewed and approved.
Staff is proposing the reimbursement of development fees tied to the construction of a new single-family residential dwelling unit in the West Ocala Community Redevelopment Agency (CRA) subarea.
Application Summary
Applicant: Delva One Construction, LLC
Application ID: AHA25-0004
Project Description: three-bedroom, two-bathroom home with 1,295 square feet of living space and a garage
Parcel ID: 25649-000-01
Fee Estimate: $5,699
Building Permit #: BLD25-0677
FINDINGS AND CONCLUSIONS:
• The applicant will construct the "Winker II Model" single-family home, comprising three bedrooms, two bathrooms, living spaces, and a garage. The unit will have 1,295 square feet of living space. The vacant lot, located at 1316 NW Eighth Street, spans 0.26 acres. The estimated cost for construction is $138,264. Please refer to the attached application, Application AHA25-0004 - 25649-000-01.
• Impact fee credits from previous development on the property have been applied to the project. Please refer to the attached Fee Estimate document for a breakdown of eligible fees.
• The City will place a lien on the property at the time of housing incentive fund distribution to ensure that the unit remains with a low-to-moderate income household for at least ten years after issuance of a certificate of occupancy.
• The Internal Review Board supports the proposed project, recognizing the immediate need for housing solutions in Ocala. The Applicant is required to sell or rent the home to a low-to-moderate-income family when completed. The target selling price is $252,000.
• This request is also presented on August 19, 2025, at the Ocala CRA Board meeting.
FISCAL IMPACT:
Projects located within an eligible Community Redevelopment Area (CRA) may utilize the CRA to pay eligible fees in lieu of the housing incentive fund. The West Ocala CRA grants account (623-016-560-559-55-82010) currently has a balance of $550,976. The payment will be made in the fiscal year when the project is completed. The proposed investment is expected to increase the taxable value of the property.
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
N/A
ALTERNATIVE:
• Approve
• Approve with Changes
• Table
• Deny