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File #: 22-173    Version: 1 Name:
Type: Agendas Status: Agenda Ready
File created: 5/18/2022 In control: Board of Aldermen
On agenda: 5/24/2022 Final action:
Title: Affordable Housing Update PURPOSE: The purpose of this item is for the Town Council to receive an update on the Town's Affordable Housing activities.
Attachments: 1. Attachment A: Affordable Housing Quarterly Report 05.2022
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TITLE: Title

Affordable Housing Update

 

PURPOSE:  The purpose of this item is for the Town Council to receive an update on the Town’s Affordable Housing activities.

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DEPARTMENT: Housing and Community Services

 

CONTACT INFORMATION: Rebecca Buzzard, Director, Housing and Community Services, 919-918-7438, Anne-Marie Vanaman, Management Specialist, 919-918-7321

 

INFORMATION: Town staff use the adopted Goals and Strategies document as the main guide for the Town's affordable housing efforts. On October 12, 2021 <https://carrboro.legistar.com/LegislationDetail.aspx?ID=5164426&GUID=0DCEE422-1BC5-4DDB-8130-ED60ED894D78>, staff presented the fiscal year 2020-2021 affordable housing and community services report, which included current local housing data, projects funded through the Affordable Housing Special Revenue Fund, the updated Goals and Strategies document, and information on the Department’s COVID-19 response efforts. The presentation and report reflected the Town’s accomplishments towards the stated goals and provided additional information on progress being made toward Council identified targets. This will continue to be updated and reported on a yearly basis.

To stay abreast of Town affordable housing activities throughout the year, Council Members have requested regular updates on current projects and collaborative activities. Staff have revised this quarterly report in an effort to make it easier to read. Attachment A provides a listing of current affordable housing projects and information on local and regional collaborative housing efforts. It is anticipated that the affordable housing goals and strategies included in the Comprehensive Plan, once adopted, will guide future activities and collaborations.

 

FISCAL & STAFF IMPACT: None noted in relation to the receipt of this update.

 

RECOMMENDATION:r Staff recommends that the Town Council receive this update.