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Minutes - 20050929
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Minutes - 20050929
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9/29/2005
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Minutes
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Alex ZatTron said that it makes sense to include the 18 acres in the small area plan. He stated that Chapel Hill <br />should take the ball and run with it and we can provide assistance and input. <br />Alice Gordon said that seeing details of the agreement and plan would be helpful in getting started with this. <br />There are financial implications that are part of it. <br />John Hert•era asked if the County and Chapel Hill provide assistance for se«~~er connections. <br />Barry Jacobs stated that the County provides a subsidy for hookups to the Rogers Road waterline. <br />John Herrera stated that a subsidy for sewer connections «-~ould be good for the residents of the Rogers Road <br />area. <br />Mark Kleinschmidt stated that Chapel Hill provides assistance for sewer hookups. <br /> <br />11~IECHANISI~I TO REACH THE GOAL <br />Alex Zaffron stated that use of low-income tax credit programs have not been used since the Carolina Spring <br />complex jointly between Carrboro and the County. Now that we have agencies in place to manage and research <br />how to put projects forward, we can focus on that as one of the key tools that we use. <br />Jacquelyn Gist asked about federal government changes that would impact both the low income tax credit <br />program and CDBG monies. <br />Tara Fikes stated that there has been discussion about eliminating the CDBG program and that most housing <br />programs are vulnerable. <br />Mark Chilton said that low-income housing tax credit projects are the most difficult and competitive federal <br />housing programs out there. It is great if you can get it, but it is a very competitive process. He stated that Club <br />Nova is in part a low income tax credit project. The N.C. Finance Agency makes it almost impossible to have <br />it funded unless you have done this type of project before. Orange Community Housing and Land Ti-~zst did a <br />project of this type recently. It does not have to be a new construction project to use the low -income tax credit <br />program. There are many places where developers have taken poor housing stock and used tax credit money to <br />renovate apartments. There are several opportunities along N.C.54 and 15-j f} 1 to apply that technique. <br />Alex Zaffron said the competitive nature of the program is why Carrboro and Orange County had to work out a <br />mechanism to ameliorate the impact fee costs that were built in. There are useful applications for it and have <br />been underutilized. <br />Mark Chilton stated that a number of discussions had been held recently about the partnership to end <br />homelessness. The concept is to take a neu-~ and different approach tots-~ard dealing t~-~ith the homelessness <br />problem. Begin by providing housing first, and then provide supporting services. Part of the concept is to look <br />at point and time surveys to determine ho~~ many chronically disabled people and homeless for a year or more. <br />There are 70 in Orange County in that situation - without a home for more than ayear -without any prospect <br />for being self-supporting. The proposal is we make a commitment as a community to build/acquire 70 units for <br />these people. It is not about finding a job. We need to create 70 new deeply subsidized affordable rental units <br />in our community, providing 100% capital subsidy. It would take al~out $7 million dollars in order to meet that <br />goal. <br />
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