AFFORDABLE HOUSING PROGRAM

 

Additional information about the Affordable Housing Program may be obtained by calling Philip Smith, Planning Manager – Affordable Housing, at (919) 469-4029, through e-mail at philip.smith@townofcary.org,  or by visiting the Town’s website at www.townofcary.org.

 

TOWN OF CARY GOALS AND INITIATIVES

Town Focus Areas

Focus Area I:

Community Planning

Focus Area II:  Infrastructure

Focus Area III:  Financial Condition

Focus Area IV:  Municipal Services

Town Goals

Achieve a well-planned community using innovative and proactive planning approaches and techniques.

Ensure that roads, water and wastewater facilities, parks, and other infrastructure exists for the existing citizens and for the future needs identified in the comprehensive plan.

Achieve a stable and strong financial position by accurately estimating, prudently allocating, and managing financial resources.

Achieve a high level of service to the citizens in a prompt, reliable, responsive, and cost-effective manner.

Town Initiatives

(pages 2 and 3 of this document contain full descriptions of each Town Initiative)

Growth Management

  Long Range Water Resources

Housing Program

Comprehensive Planning

Land Use Plan

Environmental Concerns

Infrastructure and Level of Service Standards

Fiscal Plan

Water, Wastewater, Transportation Infrastructure

Broad Band Technology Services

Long Term Financial Plan

Performance Measurement

Short Term Financial Planning

Review Operations

Cost Consciousness and Sustained Service Provision

Public Involvement

Departmental Goals and Initiatives

 

 

1,2,3,4

1

1, 2, 4

 

2

2, 3

 

 

1, 4

1, 2

2

3

1, 2, 3

1,2,3,4

 

PROGRAM GOALS AND INITIATIVES

1. Administer the affordable housing program.

2. Administer the Community Development Block Grant Program.

3. Prepare recommendations and oversee new or revised practices, policies, ordinances, or programs.

4. Prepare reports and plans to address Cary’s housing needs.

 

FY 2007 ACCOMPLISHMENTS

·         Prepared the Annual Action Plan to receive $448,003 in Federal funds and reprogram funds carried over from previous years.

·         Prepared the Consolidated Annual and Perfomance Evaluation Report on FY 2006 CDBG activities.

·         Continued the Housing Rehabilitation Program; Rehabilitated 18 homes with major repairs, 6 homes with minor repairs.

·         Provide funds for non profit housing support agencies in Cary (Habitat for Humanity, Rebuilding Together, the Carying Place and the Serving Cup).

·         Continued the Neighborhood Improvement Matching Grant program; awarded 8 grants.

·         Administered the Downtown Façade Improvement Program; completed two projects. 

 

KEY PERFORMANCE OBJECTIVES

·         Meet the housing performance measures established in the Affordable Housing Plan.

·         Implement the Town of Cary housing rehabilitation program to provide financial assistance to a minimum of fifteen (15) owners of older properties within the Town Center area.

·         Implement the housing, public infrastructure and economic development projects contained in the FY 2006 CDBG Annual Action Plan while complying with all federal regulations.

·         Make adjustments to Cary’s affordable housing programs, with focus on performance targets, concentration issues, and location goals.

 

KEY PERFORMANCE MEASURES


Performance Measure

Actual
FY 2006

Estimated
FY 2007

Projected
FY 2008

% of housing funds expended in same fiscal year budgeted

N/A

35%

35%

% of CDBG funds expended in same fiscal year budgeted

33%

50%

50%

% of affordable housing targets achieved

50%

50%

50%

 

KEY WORKLOAD INDICATORS


Workload Indicators

Actual
FY 2006

Estimated
FY 2007

Projected
FY 2008

Number of housing units rehabilitated with housing funds

20

26

25

Number of new affordable housing strategies implemented.

1

1

1

Number of previously-implemented affordable strategies carried forward an additional year

7

7

7

Number of affordable housing units committed as a result of Town actions

32

18

30

Amount of state, county, federal funds secured for affordable housing 

$497,104

$448,003

$448,003

 
ACTIVITY HISTORY

Fund Number:  056-5507

 

Activity

 

Actual
FY2004

Actual
FY 2005

Actual
FY 2006

Estimated
FY 2007

Budget

FY 2008

Personnel Services

 

$63,808

$69,349

$75,283

$75,737

$68,570

Operations and Maintenance

 

$8,729

$1,381

$592

$7,979

$5,975

Capital Outlay

 

$33,138

0

0

$85,000

0

Other

 

$821,178

$751,894

$51,879

$993,950

0

 
Total

 

$926,853

 

$822,624

 

$127,754

 

$1,162,666

 

$74,545

 

Authorized FTEs

1

1

1

1

1

 

SIGNIFICANT BUDGET AND SERVICE LEVEL CHANGES BEYOND CURRENT LEVELS

No significant service changes are planned for FY 2008.