affordable housing
In November 2013, the Chapel Hill Town Council voted 7-1 to sell 8.5 acres of town-owned land on Legion Road to Durham-based affordable housing developer, DHIC, Inc, for $100 (the property was valued at $2 million) for the development of 170 units of affordable housing. One of the steps in that development was the need for DHIC to apply for tax credits from the North Carolina Housing Finance Agency to assist with funding for the development.
On Monday, DHIC president Greg Warren announced that, because a document was missing from the application, the application had been eliminated from consideration. Because of the incomplete application, DHIC must wait until 2015 to apply for the opportunity again, delaying the completion of an important affordable housing project as we continue to face a housing crisis.
Friends and allies for affordable housing in Chapel Hill---
Addressing affordable housing so that all people can afford to live in our community is an extremely important issue to many in our community. It has been given as a reason to develop and redevelop our towns and as a reason not to. Many organizations including the Community Home Trust, EmPOWERment Inc., Habitat for Humanity, the InterFaith Council, CASA, Orange County Justice United, and The Marion Cheek Jackson Center have been working with the towns and county to provide and/or advocate for housing at prices attainable across all spectrums of income.
In this season of municipal budget discussions, a rundown of what our towns and elected boards are working on around affordable housing seems appropriate. I asked members of each elected board what their board is focused on this year. Here is a summary.
In this ten-minute rant, Chapel Hill Town Council Member Matt Czajkowski first lectures the entire room (which includes affordable housing experts and experienced elected officials) about basic economics, goes on to blame the town for home prices rising, and then just straight out yells at everyone for several minutes. Beware, this content is anxiety-triggering for me, possibly for others too.
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