1. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Affordable Housing in Chapel Hill, North Carolina Loryn Clark Town of Chapel Hill October 1, 2015

2. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Chapel Hill By the Numbers Population about 60,000 UNC Chapel Hill – approximately 30,000, estimated 6,000 live off campus within 1 mile Area Median Income - $67,000 Median Household Income – over $100,000 Median House Value - $367,800

3. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Chapel Hill Facts Less than 20% of employees live in Chapel Hill Major employers: UNC, UNC Healthcare, BCBS, municipal government Despite past growth, Chapel Hill has limited land for future growth. Our housing market has a strong unmet demand in the 30-80% of Area Median Income

4. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Chapel Hill Facts Our population over age 55 has grown. There has been limited growth in other ages. Below average growth in the ages 19-44 in 1990-2010 Between 1990-2010, all household incomes levels below $75,000 either flat or declined In the 1990-2010 household incomes over $100,000 grew by 332%

5. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org (Not so) Secrets to Our Success Council Support Education and Outreach Community Support Resources 1234

6. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Council Support Commitment to affordable housing since the 1970’s Expectations are clear Comprehensive Plan Theme Council initiated key housing initiatives Inclusionary Zoning Housing Advisory Board

7. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org How the Town supports affordable housing Manage 336 public housing units and 4 transitional housing units - Inclusionary Zoning Created affordable housing strategies Waive development fees for affordable housing (Planning and Inspections) Provide operating support - General Fund and Human Services funds Donate Town-owned land/property Provide HOME program match Support and participate in Partnership to End Homelessness Support to homeowners/renters –Housing rehabilitation –Emergency repairs –Sewer connection

8. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Education and Outreach Work closely with partners Studies Committees/Task forces Come Learn With Us Tell our stories How does affordable housing policy impact me? 3

9. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Community Support Essential community advocacy efforts Affordable housing providers/advocates Community Survey Community feedback

10. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Resources Adequate staff resources and training Elevated status of affordable housing within organizational structure Improved cross-departmental relationships UNC Chapel Hill 4

11. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Council Support Education and Outreach Community Support Resources 1234

12. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org The Results Housing created:  321 units approved; 201 built to date Funding  $3.6m approved; $1.1m received  Affordable Housing Fund Funded by payments-in-lieu of affordable housing  Affordable Housing Development Reserve “Penny for Housing” campaign

13. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org Success with Community Land Trust Model

14. Town of Chapel Hill | 405 Martin Luther King Jr. Blvd. | www.townofchapelhill.org