WHEREAS, the County of Albemarle is committed to ensuring that safe, decent, affordable, and accessible housing is available for all residents; and
WHEREAS, the County of Albemarle is committed to improving the livability of all neighborhoods and access to support services by residents; and
WHEREAS, The County of Albemarle is committed to preserving existing and promoting the development of new affordable housing stock; and
WHEREAS, the Jordan Development Corporation is applying for Low-Income Housing Tax Credits to renovate 28 existing and construct 38 new low-income elderly rental units at The Meadows in Crozet; and
WHEREAS, all proposed units in the development will be restricted to households with incomes at or below 60% of the area median income; and
WHEREAS, the Albemarle County Office of Housing proposes the use of Housing Choice Vouchers to provide project-based assistance for up to eight units with household incomes below 40% of the area median income.
NOW, THEREFORE, BE IT RESOLVED that the Albemarle County Board of Supervisors supports the commitment of eight project-based vouchers to provide rental assistance for households with income below 40% of the area median income.
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