Call for Applications to Create Affordable Housing Opportunities
Now Accepting Applications
The Town of Chapel Hill is accepting applications to create affordable housing opportunities in the community through Friday, August 31.
Awards will be made from the Town’s Affordable Housing Development Reserve (AHDR), established by the Town Council in March 2015. The total funds currently available in the reserve are ~$750,000.
The Town of Chapel Hill will accept applications for the following priority project areas:
1. land bank and land acquisition
2. rental subsidy and development
3. homeownership development and assistance
4. future development planning
The Town’s fiscal year 2018 budget includes approximately $688,000 million in funding available in the Affordable Housing Development Reserve.
The Housing Advisory Board will evaluate applications and present a funding recommendation to the Town Council for final approval in September 2018. There may be up to two additional funding cycles this fiscal year (July 1, 2018–June 30, 2019).
Applications and additional information are available at chapelhillaffordablehousing.org/news/2018/7/3/call-for-applications-to-create-affordable-housing-opportunities.
For assistance and information, contact Sarah Viñas at 919-969-5079 or email@example.com.