Home Ownership Development & Assistance Program

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Priority Project Area

Homeownership Icon

Description:  The Town’s Affordable Housing Strategy states a goal of increasing the availability and access to housing for households and individuals with a range of income, from those who are homeless to middle-income.  Eligible projects support the development of owner occupied housing opportunities to create and preserve affordable housing opportunities for households earning up to 120% of the AMI.  Priority will be given to those with incomes below 80% AMI.

Related Strategies and Goals:

  • Address the development pressures of the Pine Knolls and Northside neighborhoods by supporting a housing preservation program in the neighborhoods. (Affordable Housing Strategy)

  • Middle Income/Workforce Housing Second Mortgage Assistance Program.(Community Plan)

  • Major and minor rehabilitation of existing housing.(Community Plan)

  • Eligible Uses: Programs involving new construction, renovation, and redevelopment of existing units and second mortgage assistance programs. 

 

For more information about the AHDR, contact Sarah Viñas at 919-969-5079 or svinas@townofchapelhill.org