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17 <br /> <br />the Town’s subsidy will be lowered, which may be desirable. She said this information is being <br />analyzed, and further information will be provided to the Council. <br />Council Member Oates said the Council passed a resolution that this project would be a <br />mix of market rate and affordability. She said the public often discusses the racial component <br />when discussing affordable housing; that there are many people of color who are eligible for <br />low income subsidized housing, and when projects are built that are only subsidized housing, it <br />segregates this population. She said the goal is to mix in affordable housing with market rate <br />housing. <br />Mayor Hemminger said opportunities for further collaboration can be discussed further <br />in the future. <br /> <br />d) Town Plans for Redevelopment of Public Housing Sites <br />Loryn Clark reviewed the following information: <br />The Town of Chapel Hill owns and manages 336 currently occupied public housing apartments <br />in 12 communities throughout Town and one in Carrboro, ranging from two bedroom to 5 <br />bedroom units and they are assessing all of these sites. The Town is creating a Public Housing <br />Master Plan. The purpose of the Plan is to guide the Town’s decision making related to the <br />maintenance, development and redevelopment potential of the Town’s public housing <br />inventory. The first phase of the plan included an inspection of all properties using federal <br />standards and an appraisal of all the neighborhoods. The second phase is currently underway <br />and will provide a detailed structural and physical assessment of all 336 living units and <br />condition of all buildings. Town staff is scheduled to provide an update on the Master Plan <br />process in May. <br /> <br />Loryn Clark talked about the Northside Neighborhood Initiative, which is a partnership <br />between the Jackson Center and SelfHelp, as well as some other housing non-profits in the <br />community. She said these groups are working together to create housing opportunities in the <br />Northside neighborhood. She said when this initiative began, the Town agreed to provide <br />about $200,000 annually for three years to support the administrative functions, related to the <br />land bank. She said this was also supported by a $3 million loan from UNC. She said this <br />effort is going strong, and is an excellent example of collaboration. She said SelfHelp recently <br />provided a summary of successes: <br />• 28 affordable units have been created, or under redevelopment <br />• 24 properties have been purchased into the land bank; 10 of which have been resold to <br />partners or home buyers <br />• 18 new families have moved to the neighborhood, 12 of which have historic ties to the <br />neighborhood <br />• Because of the work done by the collaborative group, there has been an increase in <br />the African American population in this neighborhood since 1980 <br />• 46 home repairs <br />• 41 seniors who have received property tax assistance through a private grant received <br />by the Jackson Center. <br /> <br />Loryn Clark said this initiative is expanding into other neighborhoods, and may seek <br />assistance from the various governments in the future. <br />Mayor Hemminger said this is good bang for the buck. <br />Commissioner Price asked if there is any idea of the number of households, who are at <br />risk of losing their homes in Chapel Hill, because of higher property taxes or any other <br />reasons; and how this number relates to the amount of units being built.