Mr. Neely recognized the Panel for Priority: Abundance of Attainable Housing; Sofia Crisp, Housing Consultants Group; Julie Porter, DreamKey Partners, Charlotte; Gene Brown, Community Housing Solutions, Greensboro; and Patricia Evans, Atlanta Housing.
Panelists provided an overview of work history.
Discussion took place regarding down-payment assistance programs; the need for inventory; workforce changes; investor purchases; builder partnerships; additional for-profit financial assistance; sprinkled quality housing; homebuyer challenges; competitive buying; Air B & B's; foreclosure rehab's; Covid 19 impacts; crime statistics; contractor staffing and compliance concerns; and financing gaps.
Ms. Porter highlighted a flex fund account; and explained bond funding in Charlotte.
Discussion continued regarding non-owner-occupied housing; a leveraged affordability for buyers; Home Owner Association guidelines; and rising rent rates.
Mayor Vaughan requested staff to research a subsidized Affordable Housing Arm, a for-profit partnership; and a City/County partnership to maintain low rental rates.
Councilmember's Thurm and Hightower requested staff to provide regulatory cost for building homes, to research ordinances to lower the gap for hookup fees, to quantify hookup timelines, and to research a policy to forgo liens.
Discussion ensued regarding measurement guidelines; land and deed transfers; teacher homeownership partners; stakeholder engagement; alignment with mission and private lenders and builders; and ordinance restrictions.
Mayor Pro-Tem Johnson left the meeting at 12:26 P.M.
Discussion took place regarding access ramps; permit fees; the need for community education; user friendly options; stackable programs; forgivable loans; proactive planning for Toyota hires; gentrification and revitalization; and future housing studies.
Mayor Pro-Tem Johnson returned to the meeting at 12:46 P.M.