COUNTY OF ALBEMARLE
Annual Housing Report
Report on Activities, Initiatives, and Issues
Tucker, White, Davis, White
LEGAL REVIEW: Yes
May 3, 2006
ACTION: INFORMATION: X
The Housing Committee and Office of Housing have been charged with the development and implementation of housing policies for the County, specifically related to affordable housing. The calendar year of 2005 was the first full year of actions aimed at the implementation of the Affordable Housing Policy adopted in 2004. The attached report highlights strategies, successes, and challenges during the year.
Goal 3.2: Promote a variety of safe, sanitary and affordable housing types.
Developing partnerships is an integral part of implementing the County’s Affordable Housing Policy. Through partnerships with the private sector, the County has leveraged its approximate $950,000 annual investment to promote housing initiatives with over $700,000 in other public and private funds and provided assistance to over 500 lower-income families. Partnerships with developers and builders have created proffers for almost 500 affordable housing units and approximately $750,000 in cash contributions. These proffers will be realized over a period of time estimated to be from 3 to 20 years.
While the Housing Committee and Office of Housing wish to highlight the successes, it also must be understood that there remain many challenges to successful implementation of the adopted policy. Some challenges are beyond the control of government, for example the strong housing market forces. Others will require additional authority from the General Assembly specifically in requiring that affordable houses be built. Finally, some challenges can be addressed by the Housing Committee and staff in carrying out their roles of recommending strategies for the Board’s affordable housing priority.
Albemarle County is not alone in recognizing the diminishing stock of affordable housing and the lack of new affordable housing being built. We are, however, different from most other jurisdictions that try to promote affordable housing in that our approach is to include the desire for affordable housing as one of twelve principles in our smart-growth policies. To insure the success of these policies, priorities associated with growth and the promotion of affordable housing must be complementary and supported by our private-sector partners.
No action is requested or required at this time.
Annual Housing Report
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