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42 <br /> Town of Carrboro Affordable Housing Goals and Strategies <br /> The Town of Carrboro is devoted to providing opportunities for safe, decent and affordable housing for all residents no matter their age, ability or income level. <br /> 1. Affordable Homeownership (Target income range <br /> is 60%-115%AMI) <br /> 1.1 Increase number of homeownership units that are A. Gather more data from the developers about what Q4 FY 2014-15 Developers,Affordable Housing <br /> permanently affordable in Carrboro. 2024 goal is to percentages will work to both incentivize them and respond to Coalition,non-profit housing <br /> have 85 affordable ownership homes. In 2014 there the market condition developers, staff <br /> were 41 affordable ownership homes. This is an <br /> average annual increase of 4.5 homes. <br /> B. Request that the BOCC continue to fund impact,permitting Q4 Annually <br /> fees for non-profits. <br /> C. Decide whether or not to modify the ordinance to reflect a Q1 FY 2015-16 CHT and other non-profit housing <br /> model that will both incentivize developers and respond to providers,Developers <br /> market conditions. <br /> D. Identify/build dedicated subsidy source to assist with land Ongoing Consolidated plan partners; CHT <br /> trust transactions. and other AH Coalition participants <br /> 1.2 Fully evaluate and reduce housing density A. Schedule a community discussion to examine open space Q3 -Q4 FY 2014-15 For-and non-profit housing <br /> restrictions to slow the climb of housing prices and requirements and their implications on housing prices and the providers,citizens, environmental <br /> diversify housing stock,particularly in high transit feasibility for inclusion of affordable units. advocates,recreation advocates <br /> areas. <br /> B. As a component of the parking plan, determine whether <br /> modifications to parking requirements could materially affect <br /> homeownership prices, development opportunities, and <br /> density. Unbundled parking for condominiums and townhouses <br /> should be included in this analysis. FY 2015-16 Staff,Parking plan consultant <br /> 1 <br />