Decisions › County Commission meeting of Apr 28, 2026
Approved a $460,000 local government contribution for affordable housing units in Lake County, contingent on the developer receiving Low-Income Housing Tax Credit funding.
The result is from the Clerk's Board ActionThe Clerk's same-week record of what the County Commission decided on each agenda tab. Vote tallies and discussion come later in the Board Minutes. Clerk of Court, Board Action and Board Minutes on Municode. The vote by name appears here when the official minutes are posted, usually a few weeks after the meeting.
Watch this part of the meeting (starts at 3:38:03)
The county's own recording.
In plain words
A request to commit $460,000 toward a 92-unit affordable housing development called WaterVue at Lake Geneva, contingent on the developer winning Low-Income Housing Tax Credit funding from the Florida Housing Finance Corporation.
What changes The County commits to providing the $460,000 local government contribution if the developer's LIHTC application is approved, and authorizes the Chairman to sign the required verification and commitment forms.
Who and the money The project is in Commission District 5; the fiscal impact is $460,000, described as an expenditure that is 100 percent grant funded.
Stated reason (staff, quoted): "This local government contribution is a required component of applications submitted to the Florida Housing Finance Corporation’s Low Income Housing Tax Credit (LIHTC) Program."
Why (staff, quoted) "This local government contribution is a required component of applications submitted to the Florida Housing Finance Corporation’s Low Income Housing Tax Credit (LIHTC) Program."
Paid from HUD HOME funds
Backup in the packet: Florida Housing LGVC Form (p. 1828), Florida Housing LGAO Funding Form (p. 1828), Letter of Commitment - Atlantic Housing (p. 1828), Application - Atlantic Housing (p. 1828)
Written from the Board Action and the staff cover sheet, checked by script: every number appears in the record. Staff memo
From the record
Request from Housing and Community Services to recommend approval: 1. Of a local government contribution in the amount of $460,000 for the proposed development of affordable housing units to be constructed in Lake County, contingent upon the developer receiving funding through the Low - Income Housing Tax Credit (LIHTC) Program offered through the Florida Housing Finance Corporation; and 2. Of funding through the County’s existing allocation of HUD HOME funds, if the project meets the necessary HOME program eligibility criteria; and 3. To authorize the Chairman to execute the Local Government Verification of Contribution Loan Form, the Local Government Area of Opportunity Funding Form, and a commitment letter substantially similar to the one attached herein which is to be submitted with the LIHTC Program application. The fiscal impact is $460,000 (expenditure - 100 percent grant funded). Commission District 5.Clerk of Court, Board Action, Apr 28, 2026, page 5. Open the official document
The rest of this meeting
- Previous item: Approved an ordinance declaring Lake County a Bill of Rights Sanctuary County and directing staff to advertise it as written.
- All 30 items from Apr 28, 2026
More on housing
- Oct 27, 2026 Appointed Brian Broadway and Laura Tolbert to the Affordable Housing Advisory Committee for terms ending 11/30/28.
- Oct 13, 2026 Pulled the resolution to let the Housing Finance Authority of Polk County issue bonds to finance a multifamily rental project in Minneola.
- Oct 13, 2026 Pulled the resolution to let the Housing Finance Authority of Polk County issue bonds for a multifamily rental project in Groveland.
- Sep 8, 2026 Approved a $222,561 agreement with LovExtension, Inc. to use grant funds for county-wide food delivery services to elderly and disabled Lake County citizens.
- Aug 11, 2026 Approved a HOME Investment Partnerships Program Subrecipient Agreement between Lake County and Habitat for Humanity of Lake-Sumter, Inc. for the Sager's Cove project.