Agenda - 06-07-2022; 6-b - Manufactured Homes Action Plan

Browse Search

9 County-wide Manufactured Homes Action Plan Dedicated Resources: Affordable Housing Land Banking (Orange County Capital Investment Plan) The land banking fund was established during the FY2015-16 budget process to enable acquisition of manufactured home parks and other property for future affordable housing development. The fund has approximately $1 million currently available. Displacement Mitigation Assistance Program (Orange County) The Displacement Mitigation Assistance Program (D-MAP) provides direct assistance to low- and- moderate-income manufactured housing residents facing displacement caused by manufactured home park closure, redevelopment or natural disaster. EmPOWERment, Inc. works with Orange County to coordinate relocation services for D-MAP. Currently, the D-MAP-budget has approximately $53,000 available. Potential Resources: Carrboro AFFORDABLE HOUSING SPECIAL REVENUE FUND The goal of the Affordable Housing Special Revenue Fund is to advance the Town's goal of increasing and improving the stock of affordable housing within Carrboro and its planning jurisdiction. Special Revenue Funds may be used for land banking, construction, acquisition, pre- development costs, repair, rehabilitation, and other home preservation activities. The Town Council has approved a penny and a half property tax allocation, approximately $337,500, which is a dedicated annual revenue source for affordable housing. For more information on the Affordable Housing Special Revenue Fund, visit the Town's website. Chapel Hill AFFORDABLE HOUSING FUND (AHF) In 2002, the Town Council established the AHF to preserve owner-occupied housing in Chapel Hill for affordable housing purposes. Eligible Uses: The AHF has a variety of eligible uses, including: 1. Preservation of owner-occupied housing 7 Developed by the Manufactured Home Staff Working Group Draft-February 2022