With more than 50 percent of Carrboro residents burdened by their rent or mortgage, the Carrboro Board of Aldermen is taking action to make housing more affordable.
“In part we are a victim of our own success,” said Alderman Sammy Slade. “Carrboro is a nice place to live, so a lot of people want to live here, which makes property more expensive.”
On Tuesday, the board heard recommendations for preserving affordable housing in the town. The report’s main goals are increasing the supply and quality of affordable housing units in Carrboro and helping people stay in their current homes.
- June 2012: The Carrboro Board of Aldermen formed the Affordable Housing Task Force.
- October 2012: The Carrboro Planning Board hosted the Affordable Housing Dialogue series as part of National Community Planning Month.
- November 2012: Residents of Collins Crossing Apartment Homes in Carrboro protest rising rents.
- January 2012: The Board of Aldermen discuss taking over the Collins Crossing complex in order to preserve affordable housing.
The report, created by the town planning board and Transportation Advisory Board, consists of 12 recommendations — including establishing a public-private housing trust fund and making the Affordable Housing Task Force a permanent committee.
The North Carolina Housing Coalition and the UNC Department of City and Regional Planning provided research and data to the board and helped facilitate community dialogues in October.