Agenda - 02-04-2014 - 6a - Laserfiche WebLink

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3 1 Mayor's Committee on Affordable Rental Housinq 2 Additionally, in May 2013, Chapel Hill Mayor Mark Kleinschmidt established a Committee on 3 Affordable Rental Housing with the following charge. 4 • Use research and data available and the expertise of the Committee to develop for Town 5 Council consideration, short, medium and long term options, consistent with the Affordable 6 Housing Strategy and the Chapel Hill 2020 comprehensive plan, that meet the community's 7 affordable rental housing needs that the Council could apply to development applications that 8 propose rental housing; and 9 • Foster collaborative conversations among the Town, the private sector, and other community 10 stakeholders to explore possible partnerships and financial resources to increase the availability 11 of affordable rental housing in Chapel Hill. 12 13 The Committee, led by Council members Sally Greene and Donna Bell presented the 14 Committee's recommendations to the Council on October 15, 2013. The recommendations are 15 included in this abstract as Attachment III. There are plans for further consideration of 16 Committee's recommendations by the Chapel Hill Town Council in early 2014. 17 18 Proposed Affordable Housing Development 19 Recently, DHIC, a Raleigh non-profit housing developer has proposed developing up to 80 20 family apartments and up to 60 senior apartments on 10 acres of Town-owned land adjacent to 21 the Chapel Hill Memorial Cemetery. Current funding plans include applying for Low Income 22 Housing Tax Credits from the NC Housing Finance Agency to keep the project affordable. The 23 preliminary application for this funding would be due in mid- January 2014. 24 25 Lauren Clark said this type of tax credit project was the top priority of the Mayor's 26 Committee on Affordable Rental Housing, and this was their top recommendation. 27 28 III. Town of Carrboro 29 Trish McGuire, Planning Director for the Town of Carrboro, reviewed the following 30 information from page 3 of the abstract: 31 32 The Carrboro Board of Aldermen established an Affordable Housing Task Force in 2012. Three 33 members of the Board of Aldermen were selected to serve: Dan Coleman, Michelle Johnson, 34 and Sammy Slade. The purpose of the task force was to evaluate how/whether the Town's 35 affordable housing density bonus provisions should be restructured and an initial report was 36 presented on December 4, 2012. (See Attachment IV.) Following Alderman Coleman's 37 resignation in December 2012, Alderman Lavelle joined the task force, as did representatives of 38 the Planning Board and Transportation Advisory Board. Additionally, in the Fall of 2012, the 39 Carrboro Planning Board held three Affordable Housing Dialogues to discuss affordable 40 housing issues with the general public. The task force reported to the Board of Aldermen again 41 in June 2013 on next steps related to a comprehensive housing policy. A report from those 42 sessions is provided at Attachment V. 43 44 Trish McGuire said staff has also been working with a class from UNC, who provided 45 some analysis of affordable housing and transportation. 46 47 IV. Town of Hillsborough 48 Mayor Stevens said there are two affordable housing projects underway in the Town of 49 Hillsborough, as described in the Memorandum included as Attachment VI.