Morrisville Affordable Housing Plan

PART 1 | The Regional Market 3 Recomme dations for Taking Action

RECOMMENDATIONS FOR

TAKING ACTION PART 3

Challenge to Address Public Sector Employees

Challenge to Address Low-Income Affordability

Narrowing the focus of Morrisville’s affordable housing work to two specific challenges to address – as laid out at the end of Part 2 – is an important step to taking action and avoiding the paralysis that comes with being unfocused. Now, for each challenge to address, there are specific actions that can be expected to yield tangible results. Those presented here have been selected due to their responsiveness to the challenges and to the housing market and land use context of Morrisville and the region today.

ESTABLISH A COMMUNITY SERVANT HOUSING CHOICE PROGRAM

CREATE AN AFFORDABILITY PARTNERSHIPS TOOLKIT

PAY INTO A REGIONAL HOUSING TRUST FUND

MORRISVILLE APEX WAKE COUNTY

RALEIGH CARY DURHAM COUNTY

DURHAM CHAPEL HILL

FOR SALE

ORANGE COUNTY

Down Payment Assistance

Shared Equity

Rent Assistance

Master Leases

Land Purchases

Density Bonuses

Ensure that teachers, first responders and other public employees have opportunities to live affordably in the community they serve.

Partner with private developers and Wake County to preserve existing affordable housing options and create new mixed-income housing developments.

Be a charter member of a regional housing trust fund to contribute to affordable housing solutions for the Research Triangle and attract regional dollars to favored local projects.

Affordable Housing Plan for Morrisville, NC | 2019

Affordable Housing Plan for Morrisville, NC | 2019

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