Orange County NC Website
35 <br /> N1J�9JfJ� <br /> � Preserve socioeconomic and cultural diversity for the future <br /> Prioritize the creation of Maintain the level of socio-economic diversity of the existing <br /> quality affordable homes community within any new residential buildings. This would require a <br /> higher percentage of affordable units than currently required for affordability <br /> (upwards of 25%). It would also necessitate a significant percentage of units <br /> accessible to households below 50%AMI. <br /> Create affordable homes2 for families. These homes should be accessible <br /> to 50%AMI, primarily with 3 br/2bth, and integrated with any market homes <br /> Require median home price on a development to be accessible to <br /> the median income of the community. To maintain the socio-economic <br /> diversity, new development must provide a similar mix of housing accessible to a <br /> range of residents <br /> Provide co-housing options for working class and elderly, with <br /> shared common spaces to decrease costs. Most co-housing models are <br /> primarily aimed for middle-upper income households, but the model could be for <br /> shared common spaces and modest density in Rogers Road should be primarily in <br /> the service of the elderly and working class <br /> Consider requiring a community impact or racial equity impact study <br /> as part of the evaluation process for new development in the <br /> neighborhood. Development decisions should consider what impact the new <br /> development will have on the community as a whole. <br /> 2 Affordable Homes: There is a difference between affordable housing and affordable homes,and "homes" is used <br /> purposefully here.Affordable homes necessitate a certain quality,wholeness,and connection with the community around them. <br /> Rogers Road has been home to generations of residents(indeed,over 80%of residents have historic ties to the community). <br /> Whatever new housing is built in the neighborhood must be suited for families(3 bedroom,2 bath as the primary model,with a <br /> smaller model for elder housing)and also be integrated into the fabric of the existing community.A next generation of residents <br /> should want to live in these homes.Also,the standards for affordability used in new development should further the existing <br /> socio-economic diversity in the neighborhood (including a significant percentage of households earning below 50%AMI)—which <br /> will necessitate more careful and creative approaches than the standard 60-80%AMI metric. <br /> 18 <br />