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HomeMy WebLinkAboutAgenda - 09-20-2007-3a~~ Proposal Creation of a Land Trust Affordable Housing Maintenance Task Force Purpose: To review issues related to the long term maintenance of affordable housing managed by the Orange County Housing and Land Trust (OCHLT) and make specific recommendations to the Towns and Orange County regarding how these units may be maintained in order to achieve long-term affordability. Rationale: OCHLT was created by and continues to be supported by the governmental units for the purpose of ensuring the development and availability of affordable housing in the county. Thus, the housing stock managed by the Land Trust represents an important community asset that must be maintained in perpetuity in order to achieve its organizational goals. It is noted that affordable housing developed by various organizations may also be developed with considerable. public support and also represents an asset that should be preserved for the benefit of the greater community. However, the administrative and legal structure of their organizations and the .affordable housing they produce may ,require their potential long-term maintenance needs to be addressed differently. Nevertheless, the work of this Task Force can be used to inform future discussions regarding the long-term maintenance needs of other housing organizations. Task Force Structure, Appointment and Timeline Structure: The Task Force will have eleven (11) members as follows and the designated governing body shall appoint each member. Orange County (1) Town of Chapel Hil1(1) Town of Carrboro (1) Town of Hillsborough (1) UNC-CH (1) Land Trust Homeowner (1) Developer/Builder who has worked with OCHLT (1) At-Large members (4) -One each appointed by Orange County and the Towns. The At-Large members shall be persons who have considerable knowledge of OCHLT and/or affordable housing development in Orange County. Timeline for Completion: The Task Force shall report to the Towns and Orange County not more than six months after the last member is appointed or June 1, 2008 whichever is sooner. StafflResource Team: Tara L. Fikes, Orange County Housing/Community Development Director Robert Dowling, Executive Director, Orange County Housing and Land Trust Susan Levy., Executive Director, Habitat for Humanity of Orange County