Many low to middle income individuals and families who live and/or work in Davidson are unable to purchase or rent a home in town because both home prices and rents are very expensive. The purpose of this proposed policy is to provide that applicants who live or work in town will be given priority when applying for affordable housing over others who do not have the same connections to town. This preference will be applicable to housing units built through the Town’s affordable housing program, Town owned homes, and projects that receive a subsidy from the affordable housing (PIL) fund.
RESOLUTION ESTABLISHING A LOCAL HOUSING PREFERENCE POLICY FOR THE TOWN OF DAVIDSON
WHEREAS, the Town of Davidson has an affordable housing program that provides housing for individuals and families earning between 50% and 120% of the area median income; and
WHEREAS, many low to middle income individuals and families who live or work in town cannot afford to live within the town limits; and
WHEREAS, the Town of Davidson Board of Commissioners wishes to establish a preference for housing applicants who live or work in town.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Commissioners for the Town of Davidson as follows:
1. First priority will be given to an eligible household with a member who lives and works in town.
2. Second priority will be given to an eligible household with a member who lives or works in town.
3. The priorities are to be applied to housing units developed pursuant to the town’s inclusionary housing requirements, housing units owned by the town, and housing units that receive a subsidy from the town’s affordable housing fund.
For purposes of this policy, an applicant will be determined to live with the Town of Davidson if the applicant has lived in the Town of Davidson for three consecutive months or longer. The applicant must produce proof of residency in the town. This evidence can be a deed, lease, rental agreement, rent receipt, utility bill, or other documentation that indicates residency.
For purposes of this policy, an applicant will be determined to work in the Town of Davidson if the primary place of employment for at least one member of the applicant’s immediate household is located in the Town of Davidson. If an applicant does not have a fixed place of employment (e.g., delivery personnel, repair persons), but spends at least 50% of his or her time in the Town of Davidson, the applicant will be determined to be employed in town.
The preference policy shall be applied at both initial occupancy and subsequent sale or rental of affordable housing units.
This policy is effective as of the date it is adopted.