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60 <br /> 0 Seniors&People with Disabilities face higher financial strain due to fixed <br /> incomes and increased housing maintenance costs. <br /> • Public Housing&Vouchers: <br /> 0 296 public housing units in Chapel Hill and Carrboro,targeted at households <br /> earning 550%AMI. <br /> o 687 Housing Choice Vouchers (Section 8),with demand significantly outpacing <br /> availability. <br /> • Homelessness <br /> 0 126 individuals experiencing homelessness were counted in 2023,with 71% <br /> sheltered and 29%unsheltered. <br /> o Homeless individuals&families are disproportionately African American(56%), <br /> despite making up only 12%of the county population. <br /> • Housing Stock Composition: <br /> o Aging Housing Stock:A significant portion of homes were built before 1970, <br /> requiring maintenance and rehabilitation. <br /> o Post-2000 Growth: Continued residential development has added newer housing <br /> options but at market-rate prices. <br /> o Vacancy Rate: Estimated at 6%(3,804 units),with most vacancies concentrated in <br /> the rental market. <br /> 57 <br />