Item Coversheet


Agenda Title:

Affordable Housing Recommendation for Summers Walk
Affordable Housing Manager/Town Attorney Cindy Reid and Matt Gallagher with Blue Heel Development
Summary: 
The Davidson Board of Commissioners, Planning Board, Affordable Housing Steering Committee, and numerous citizens have indicated a strong preference for homes being built rather than a payment in lieu.  Attempts to get developers to build homes have been unsuccessful because building “affordable” homes is not what market rate builders do, and the numbers did not work.  However, the Blue Heel development team, in partnership with the Davidson Housing Coalition, will present a proposed model for Summers Walk.

Summary:

ATTACHMENTS:
DescriptionUpload DateType
Agenda Memo - Summers Walk affordable housing proposal from Blue Heel Development 06.11.196/7/2019Cover Memo
Attachment - Summers Walk affordable housing proposal from Blue Heel Development 06.11.196/7/2019Backup Material