Check out our latest Affordable Housing Annual Report, highlighting our key progress for Fiscal Year 2023 (July 1, 2022 - June 30, 2023).
Key Results include:
$10 million awarded to community partners for affordable housing projects, which will provide support to the development of 300 new units.
UNC Health committed $5 million to initiate an affordable housing revolving loan fund.
163 affordable units received development approval from Council in six market-rate projects, or about 10 percent of approved units.
The Perry Place affordable housing community is fully occupied, including 24 units in Chapel Hill.
The Town worked with a consultant team from HR&A Advisors to create an affordable housing plan and investment strategy, which charts a path forward for the Town’s key affordable housing priorities over the next 5 years.
