AGENDA DATE: 10/18/2023
TITLE:
Title
Pathways to Removing Obstacles to Housing (PRO Housing) Grant Application
BODY
SUBJECT/PROPOSAL/REQUEST: Conduct a public hearing to review and collect public input on the County's draft application for the PRO Housing grant.
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Dimock, Rosenberg, Herrick, Pethia
PRESENTER (S): Stacy Pethia, Assistant Director of Housing
LEGAL REVIEW: Yes
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: In April 2019, the Thomas Jefferson Planning District Commission (TJPDC) released the Comprehensive Regional Housing Study and Needs Analysis. The report identified the need for an additional 10,070 affordable housing units in Albemarle County by the year 2040.
On July 7, 2021, the Board of Supervisors approved Housing Albemarle, the County's new housing policy, but delayed implementation of the following elements until a package of developer incentives to support the construction of affordable housing was approved and implemented :
1) the increased percentage of affordable housing units in residential developments subject to rezonings or special use permits;
2) the increase in compliance periods for affordable housing units; and
3) the new price levels for both affordable for-sale and for-rent units.
On September 7, 2023, the U.S. Department of Housing and Urban Development (HUD) issued a Notice of Funding Opportunity for the Pathways to Removing Obstacles to Housing ( PRO Housing) grant program. The grant funding can be used for a variety of activities that directly support the County's efforts to develop a developer incentive program.
STRATEGIC PLAN: Quality of life - Encourage a vibrant community with economic and recreational opportunities that serve all community members.
DISCUSSION: Under the PRO Housing grant program, HUD is making available $85 million in funds to support programs and activities that identify and remove barriers to affordable ho...
Click here for full text