For candidates in this year’s Chapel Hill municipal elections, affordable housing will once again be a major issue.
Mayor Mark Kleinschmidt, who is running for re-election this year, said the lack of affordable housing in the town has been a problem for decades, forcing town employees to find housing outside of Chapel Hill.
“It has been a leading issue in every campaign for the last 20 years,” he said.
During the past few years, the town has been working on revamping its affordable housing strategy and finding ways to deal with increasing housing needs of University students.
“The biggest thing to acknowledge is what a diverse housing need we have,” said Lee Storrow, a UNC graduate and candidate for town council.
Town strategy
The town’s recently revised affordable housing strategy was drafted to include an Inclusionary Zoning Ordinance, which was enacted in June 2010.
The ordinance requires housing developments to offer 10 to 15 percent of their units at a price affordable to low and moderate income households.
Housing is considered affordable if its annual cost is less than 30 percent of a resident’s annual income, according to the town’s comprehensive housing plan.