Collier County Board of County Commissioners Agenda 2026-06-23
Impact Fee Installment Plan For Immokalee Housing
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Description
The Board will approve a 30-year Immokalee Impact Fee Installment Payment Plan Agreement with Immokalee Fair Housing Alliance Inc., allowing a $193,237.60 impact fee for a 16-unit affordable rental project to be repaid with 5% interest as a special assessment. This financing structure supports development of affordable housing in Immokalee.
Contract Details
Contract Amount
$193,237.60 plus 5% interest over 30 years
Vendor
IMMOKALEE FAIR HOUSING ALLIANCE INC
Agency
Collier County, FL
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
Contract Term
30 years
Renewal Info
Installment plan runs for 30 years; modification or early payoff terms would be governed by the agreement and future Board action if needed.
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Collier County Board of County Commissioners Agenda 2026-06-23
Collier County Board of County Commissioners Agenda 2026-06-23
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