File #: 16-080    Version: 1 Name:
Type: Agendas Status: Passed
File created: 2/19/2016 In control: Board of Aldermen
On agenda: 3/1/2016 Final action: 3/1/2016
Title: Consideration of Two Affordable Housing Funding Requests PURPOSE: The purpose of this item is for the Board to consider approving two funding requests from the Affordable Housing Fund.
Attachments: 1. Attachment A - Rebuilding Together of the Triangle Application, 2. Attachment B - Self-Help Application, 3. Attachment C - Northside Landbank Model, 4. Attachment D - RTT Resolution, 5. Attachment E - Self-Help Resolution
TITLE: Title
Consideration of Two Affordable Housing Funding Requests
PURPOSE: The purpose of this item is for the Board to consider approving two funding requests from the Affordable Housing Fund.
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DEPARTMENT: Manager's Office

CONTACT INFORMATION: Nate Broman-Fulks, nbroman-fulks@townofcarrboro.org, 919-918-7314

INFORMATION: The Town has received two affordable housing funding requests. The first is a grant request of $2,500 by Rebuilding Together of the Triangle for critical home repairs. The second is a grant request from Self-Help for $55,000 for Northside Neighborhood Initiative projects. Self-Help's request is for two programs: 1) land banking for affordable housing ($40,000); and 2) critical home repairs for low-income seniors ($15,000).

Rebuilding Together of the Triangle, $2,500 Request
Rebuilding Together of the Triangle is applying on behalf of Carrboro resident Carolyn Evans, who has resided at 114 Starlite Drive for almost 50 years. Due to Ms. Evans' worsening disability, it has become increasingly difficult to keep up with needed repairs. She is also in need of added fixtures to help with daily tasks, such as entering and exiting the shower. The funding that is being applied for would address these needs through the replacement of windows and gutters, installing grab bars in the bathroom, among other improvements (see Attachment A for a full list of improvements and a detailed project description).

The project meets all applicable eligibility requirements. It aligns closely with eligible use i: "To provide for emergency home repairs and the maintenance of properties in the affordable housing stock that are falling into disrepair." The beneficiary has a household income of less than 50% of the area median income, meeting income requirements. The project also is in line with the Town's Affordable Housing Goals and Strategies, most closely aligning with goal 1.3 "Decrease barriers to hom...

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