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24 <br /> 3 <br /> Our Market Study, accompanying this application, documents how high market rents are in <br /> the market area of this site, and how few units are available at affordable rents, or suitable <br /> for seniors households. <br /> As the accompanying Chapel Hill / Carrboro Public Housing map shows, there is only one <br /> PHA property in incorporated Carrboro, the Oakwood Apartments. <br /> The Carolina Spring site is in a high growth corridor, surrounded by a mix of multi-family <br /> and single-family housing in the middle income to upper-middle income range. The <br /> proposed Carolina Spring community will provide a socio-economic neighborhood setting <br /> very comfortable to its residents, who typically had middle range incomes during their <br /> employment years and lived in middle income neighborhoods. <br /> SITE AND BUILDING DESIGN <br /> As Exhibit O of this application details, both the site and the three-story apartment building <br /> will be very attractive to the residents and to the neighborhood. Residents will enjoy <br /> resident gardens, gazebos, picnic pavillion, community room, fitness center, library, and <br /> arts and crafts room, considerably more recreational amenities than most affordable seniors <br /> communities provide. The neighbors will see mainly a beautifully wooded site with one <br /> attracitive residential structure in the middle, nicely landscaped and in scale with the <br /> neighborhood of two and three story apartment communities. <br /> A menu of supportive services, detailed elsewhere, will make living at Carolina Springa <br /> comfortable, convenient, and safe.experience. <br />