Orange County NC Website
I01 <br /> Robert Dowling, Orange Community Housing and Land Trust, stated that the figure of $1.5 <br /> million for affordability and the $1.5 million for maintenance was based upon their analysis of <br /> the existing 125 units, looking out over 25 years. Alderman Coleman asked had that been <br /> broken down into an annualized basis. Mr. Dowling stated they could do that. <br /> Alderman Coleman stated he believed all the programmatic recommendations were excellent <br /> based on what they were facing, but he believed there needed to be a very specific yearly cost <br /> analysis which could then fold into an analysis of the potential for different funding. He said it <br /> seemed that they needed to start by looking at costs that were broken down so that they could <br /> judge their potential revenues over time. <br /> Commissioner Jacobs said he would like to have the County attorney look at the proposal, noting <br /> that if they looked at the information regarding school impact fees you would see that the activity <br /> on new housing and the Chapel Hill-Carrboro school system had dropped precipitously. He said <br /> that may affect how much revenue was generated in that part of the County versus Hillsborough <br /> and the more rural part of the County. He said they needed to make sure that they could <br /> implement all of the strategies that would be countered to what was actually happening on the <br /> ground. <br /> 9:39:16 PM Council Member Kleinschmidt said his interest in affording housing was getting <br /> units on the ground to provide people places to live, and with that being a primary goal it also <br /> mattered that those people were local. He said his concern was their failure to provide other <br /> revenue streams, because that prevented them from maximizing their achievement of that goal <br /> when they accepted payments-in-lieu. Council Member Kleinschmidt said if they accepted such <br /> payments instead of construction of units, they would be left with exclusive developments that <br /> purchased their way out of participation in the affordable housing program. He said as these <br /> recommendations were enacted by the jurisdictions, they must place the payment-in-lieu option <br /> as the lowest priority, to be used only after an analysis proved that it was the only option. <br /> Council Member Kleinschmidt stated they needed to provide options that did not take away from <br /> the goal of creating units. <br /> Alderman Broun stated she was reluctantly in favor of payments-in-lieu, and that program should <br /> be looked at annually to see how well it was working. She said they also had to be very clear <br /> about what the current economic situation was, noting they would be hard pressed to convince <br /> people who were writing checks for their taxes to write another check to put someone in a home <br /> no matter have egalitarian that was. <br /> Council Member Kleinschmidt agreed, and that was why he was advocating for a transfer fee for <br /> new developments. He stated they needed to make sure there was room for such creative <br /> solutions to continue to develop. Council Member Kleinschmidt stated that new units should <br /> have sustainability built into them as well as affordability, and he wanted them to be careful in <br /> using payments-in-lieu and keep their eye on the ultimate goal. He said it was important that the <br /> housing not consist of one-bedroom condos that served no good purpose other than to achieve <br /> some percentage for the developer, but that such units be measured in terms of square footage or <br /> the number of bedrooms in order to achieve their ultimate affordability goal. Council Member <br /> Kleinschmidt stated that would require some difficult work by the jurisdictions, because it would <br /> 14 <br />