Orange County NC Website
~o <br />SMALL GROU~~OSTER: GROUP 4 <br />Group 4: Needs <br />- consider definition and range of "affordable" <br />- Mortgage downpayment assistance <br />- University housing problems: housing for students/staff; more students on campus; <br />student rental pressures; neighborhood gentrification <br />- Affordable rentals <br />- Preserve existing affordable neighborhoods <br />- Legislative tools, e.g., inclusionary zoning, tax flexibility <br />- Community education: affordable housing and density , <br />- affordable housing dispersion and integration into community (increase sense of <br />unity among diff income groups) <br />- Maintain long-term affordability <br />- Create housing stock to reflect employment opps <br />- Land, land, land <br />- Affordable housing for special pops: elderly, disabled, etc. <br />- Renovation and rehab of existing housing <br />- Consider ability of those on limited incomes to pay increased taxes <br />- Communication between builders and policy makers <br />- Encourage private development of affordable housing . <br />- Assistance to those spending more than 30% of income on housing <br />Group 4: Barriers <br />- Land <br />- $ Resources (includes fees paid to OWASA) <br />- Political attractiveness: racial and economic prejudice, lack of community education <br />around issue, bias against higher density <br />- Lack of incentives for private market <br />- Need for .affordable housing is increasing while the affordable housing stock is <br />decreasing <br />- Design guidelines too costly <br />- Bureaucracy (length of dev process) <br />- Location (access to jobs, transportation, infrastructure) <br />Group 4: Ideas on "Resources for Development Funding" <br />- Create housing trust fund with dedicated source of funding (county 1 cent tax) <br />- Inclusionary housing devs <br />- Private market incentives <br />