TITLE: Title
Affordable Housing
PURPOSE: The purpose of this agenda item is to receive an update on the work of the Affordable Housing Task Force.
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DEPARTMENT: Planning
- An update on the work of the Affordable Housing Task Force (Attachment A).
- Planning Board/Transportation Advisory Board report on the 2012 affordable housing dialogue sessions (Attachment B).
- Information from staff about the influence of student renters on housing affordability (Attachment C - Excerpts of American Community Survey data related to affordable housing).
- Information from staff about the relationship between transportation costs and housing affordability (see Attachments D -1to D-3, Attachment E, and the Center for Neighborhood Technology Housing + Transportation Affordability Index at: http://htaindex.cnt.org/). It should be noted that Attachment D-1 presents highlights of reports included in full as Attachments D-2 and D-3. The first is the report Housing and Transportation Affordability in Carrboro, North Carolina prepared in spring 2013 by DCRP students in Professor Noreen MacDonald's workshop. The second is the report Examining the Changing Commute to UNC prepared in spring 2010 by students in Professor Daniel Rodriguez' workshop.
Some other materials are provided for reference:
- A chronology of actions/events that have focused on or responded to the interest in supporting affordable housing has also been compiled (Attachment F).
- An overview of HOME Consortium funding from 2008 to present (Attachment G).
FISCAL & STAFF IMPACT: None noted in relation to receipt of this update.
RECOMMENDATION:r Staff recommends that the Board of Aldermen consider the information provided, discuss, and provide directions to staff regarding any next steps.