WHEREAS, Chapel Hill’s Comprehensive Plan contains the following language: “The Town shall encourage developers of residential developers of 5 or more units to (a) provide 15% of their units at prices affordable to low and moderate income households, (b) contribute in-lieu-fees, (c) propose alternative measures so that the equivalent of 15% of their units will be available and affordable 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; and
WHEREAS, on March 6, 2000, the Chapel Hill Town Council adopted a resolution stating that it is the expectation of the Council that applicants seeking approval of rezoning applications containing a residential component will incorporate a “15% affordable” feature into their plans, and that mechanisms will be proposed to assure ongoing affordability of these so-designated dwelling units.
WHEREAS, on September 8, 2008, Orange Community Housing and Land Trust petitioned the Council requesting a modification to the Town’s Affordable Housing Policy;
NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill refers this petition to the Council Committee on Affordable Housing for further discussion and a recommendation.
This the 27th day of October, 2008.