Details

Title	A Report on Actions Needed to Address the Region’s Affordable Housing Crisis
Highlights	There is implicit recognition that lengthy approval processes can discourage affordable housing development.   This report recommends streamlining approval processes for projects that include affordable housing in Albemarle County, Virginia.                       There is implicit recognition that high taxes can decrease the affordable housing supply.   This report recommends promoting tax credits for affordable housing projects in Albemarle County, Virginia.
Description	This report presents recommendations provided by a joint task force comprised of housing professionals and advocates from the city of Charlottesville, Albemarle County, and the University of Virginia to increase housing affordability in this region of Virginia. Strategies outlined in the report include supporting the creation of a regional housing fund, promoting the use of tax credits, ensuring long-term affordability of housing units by requiring deed restrictions, and streamlining approval processes for projects that include affordable housing.
Publication Date	2009
Organization	Albemarle County, Virginia
Web Location	http://www.albemarle.org/upload/images/forms_center/departments/housing/forms/Affordable_Housing_Report_2009.pdf

Notice: The contents of this record reflect the views of the author and/or promulgating municipality, and should not be construed as representing the views or policies of the U.S. Department of Housing and Urban Development or U.S. HUD's Office of Policy Development and Research. No attempt has been made by U.S. HUD or its contractors to verify the accuracy, currency, or validity of the record contents presented herein.