ATTACHMENT 5
TOWN OF CHAPEL HILL
Affordable Housing as a Component of
New Residential Development Proposals
The Chapel Hill Town Council passed a resolution March 6, 2000 to increase the availability of affordable housing for low and moderate income households in Town. The new policy states the Council’s expectation that any rezoning requests with a residential component incorporate a 15% affordable housing feature into their plans with mechanisms to assure ongoing affordability. The resolution text as passed by the Town Council in below.
A RESOLUTION STATING THE COUNCIL’S EXPECTATIONS FOR AFFORDABLE HOUSING AS A COMPONENT OF NEW RESIDENTIAL DEVELOPMENT PROPOSALS (2000-03-06/R-4)
WHEREAS, Chapel Hill’s Comprehensive Plan contains the following language: “The Town shall encourage developers of residential developments of 5 or more units to (a) provide 15 percent of their units at prices affordable to low and moderate income households, (b) contribute in-lieu-fees, or (c) propose alternative measures so that the equivalent of 15 percent of their units will be available and affordable to low and moderate income households;” and
WHEREAS, development proposals regularly come before the Town Council seeking approval, but without an affordable housing component;
NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that it is the expectation of the Council that applicants seeking approval of rezoning applications containing a residential component will incorporate a “15 percent affordable” feature into their plans, and that mechanisms will be proposed to assure ongoing affordability of these so-designated dwelling units.
This the 6th day of March, 2000.
AffordHousing-Resol-Public Info.doc
Created on 5.1.00 11:11 AM