Issue link: http://townofcary.uberflip.com/i/791946
Implement a Strong Neighborhoods Initiative Expand Housing Choices CHAPTER 2: LIVE Major Actions: • Create a baseline housing inventory and neighborhoods as- sessment to develop a neighborhoods health report. • Work with neighborhoods to explore development of a for- mal mechanism for communicating neighborhood inter- ests and concerns to Town officials. • Amend the Land Development Ordinance to include con- text-sensitive infill and redevelopment standards. • Expand the framework of what is now called Project Phoe- nix to include an interdepartmental task force that exam- ines whether the Project Phoenix model could be expanded to include issues related to community development, code enforcement, and minimum housing. The interdepartmen- tal task force could also examine whether data collected through Project Phoenix could be used to promote and di- rect community renewal activity. • Expand the funding and scope of the Neighborhood Im- provement Program. Major Actions: • Create a Cary task force to collaborate with employers and other stakeholders on the development of workforce hous- ing. The median sales price for homes in Cary as of Decem- ber 2016 was $320,750. At this level, many occupational groups are effectively priced out of the residential real es- tate market in Cary. To further the economic development of the Town, available and attainable housing options are necessary to attract and retain a range of workers. The role of the task force would be to review available housing op- tions in the area and to collaborate with other local em- ployers and organizations to consider ways to increase the amount of housing available at attainable prices. • Tie general fund support of community investment and housing to a fixed formula based on the age of the housing stock, population growth and/or amount of CDBG funds re- ceived. Continue to operate as a revolving fund. • Develop new zoning districts and/or development incen- tives to accommodate new housing options/trends such as co-housing arrangements, small apartment buildings, tiny Southern Village, located in Chapel Hill, is an excellent example of a community's resolve to provide housing choices within a single cohesive and well-designed development. This mixed use planned community offers a variety of housing op ons and price points within one very walkable development: second story apartments over commercial retail, condominiums, townhouses, and single-family detached housing. A Strong Neighborhoods Ini a ve (SNI) was established by the City of San José, California, and partner organiza ons to strengthen the city's neighborhoods by building clean, safe and strong neighborhoods with independent, capable, and sustainable neighborhood organiza ons. By coordina ng and combining resources, the Ini a ve is helping neighborhoods reach their full poten al as highly livable communi es. houses, cottage homes, and accessory dwelling units. • Initiate/participate in intergovernmental efforts to increase revenue support for funding affordable housing. • Consider prioritizing existing publicly-owned surplus land for affordable housing developments; land-bank appropriate sites. How We Will Achieve our Vision 1 2 26