Title
Affordable Housing Work Session
PURPOSE: This item is for the Town Council to receive a presentation on the Town's affordable housing work and to provide feedback and guidance on staff recommendations.
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Department
DEPARTMENT: Housing and Community Services
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Council Direction
COUNCIL DIRECTION:
___ Race/Equity ____ Climate __X__ Comprehensive Plan ____Other
Council Direction Statement
Chapter 3. Affordable Housing.
Goal 1: Increase the number of homeownership units that are permanently affordable with targeted strategies to serve households earning 80% of the AMI or below with priority to historically disadvantage households.
Goal 2: Increase the number of rental units that are permanently affordable with targeted strategies to serve households earning 60% of the AMI or below with priority to historically disadvantage households.
Goal 3: Diversify and expand a variety of housing options throughout Carrboro using a mixture of affordable housing types.
Goal 4: Maintain and improve the quality of Naturally Occurring Affordable Housing (NOAH) and "missing middle" opportunities.
Goal 5: Support efforts with Orange County to ensure that all homeless individuals and families have access to safe housing, appropriate services, and a path to permanent housing.
Goal 6: Expand resources targeted to affordable housing.
Goal 7: Reduce utility expenses for all homes.
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Information
INFORMATION: The Town Council requested staff schedule a work session to discuss affordable housing efforts and to provide feedback and guidance on staff recommendations for advancing the Town's affordable housing goals.
The following materials are provided as attachments: (A) Work Session Information; (B) Pocket Questions; (C) Carrboro Affordable Housing Map; (D) Carrboro Connects, Chapter 3. Affordable Housing; (E) Town-owned Land Staff Memo; (F) Affordable Housing Work Session Presentation.
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Fiscal and Staff Impact
FISCAL IMPACT: No action on recommendation...
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