Town of Chapel Hill Releases Affordable Housing Annual Report

The Town has released its Affordable Housing Annual Report. In an effort to reach our goal of increasing access to housing for residents across a range of incomes, and to constantly strive for more equitable outcomes and opportunities for historically under-served populations, the Town has made it a priority to strategically address the affordable housing crisis. This strategic approach is implemented through the Town’s affordable housing plan. The release of our Annual Report is to communicate to the community our progress in implementing this plan and reaching our affordable housing targets. Find the full report here.

2018 Key Results

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 The Town exceeded our development target, supporting the development of 99 affordable units this fiscal year.

 The Town supported 23 affordable housing preservation projects in FY18.

 99% of funding available for affordable housing projects was allocated this fiscal year.

 In collaboration with our partners, the Town supported the development of the first permanently affordable tiny home duplex, as well as the first Low Income Housing Tax Credit affordable housing development, Greenfield Place, in over a decade.

 Supported the Northside Neighborhood Initiative (NNI), a collaboration between UNC, Self Help, the Jackson Center and affordable housing providers. In FY18, eight properties were acquired and eight properties were sold by the NNI Land Bank to be preserved as permanently affordable housing.



New Affordable Housing Has Come to Chapel Hill: Greenfield Place

On Saturday, June 23rd, the Chapel Hill community came together to celebrate the creation of 80 new affordable housing units that have opened in Chapel Hill.  "Greenfield Place is the outcome of years of planning and partnership-building." said Chapel Hill Mayor, Pam Hemminger.  "It is truly representative of the Town’s commitment to expanding quality affordable choices for families, working parents, seniors and people with disabilities who live in Chapel Hill.  We want Chapel Hill to be a place for everyone, and having quality affordable housing projects, like this one help us make progress towards that goal."

Greenfield Place was a collaborative effort between the Town of Chapel Hill, DHIC, Orange County, the N.C. Housing Finance Agency and partners in the private sector. In addition to financial contributions from the partners, the Town donated the land to DHIC to build the community.

Greenfield Place has one, two and three-bedroom apartments that range in size from 691 to 1,196 square feet. The units have walk-in closets, full-size washer and dryer connections and open floor plans. This location was chosen due to its close proximity to transit and shopping.  “This location is incredible. It's on two different bus lines. It's in walking distance of shopping and job and other services people need,” Natalie Britt, vice president of DHIC said.

Greenfield Place is the first of two phases for this development.  The second phase, Greenfield Commons, will provide affordable housing for low-income residents 55 years old and older and is scheduled to be completed in early 2019.

Town Surpasses Affordable Housing Development Goals

Town Surpasses Affordable Housing Development Goals

As part of the Town of Chapel Hill’s efforts to increase access to housing for all residents, the Town has set annual targets for affordable housing preservation and development. This year the Town has not only met, but surpassed its’ development target of 80 subsidized housing units with over 90 new affordable units developed in this fiscal year alone, in addition to the completion of 8 preservation projects. This number brings the Town to over 1,000 units of subsidized affordable housing overall.