A bond without a plan

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by on October 10, 2016  •  Permalink
Posted in Council Members, County business, Housing, Land Use, Schools, Spending, Taxes
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Posted by Nancy Oates on October 10, 2016

http://chapelhillwatch.com/2016/10/10/a-bond-without-a-plan/

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4 Comments

  1. Deborah Fulghieri

     /  October 11, 2016

    Are you saying that neither the county or the town of Chapel Hill has a plan for affordable housing, even though both are collecting substantial funds for it?

  2. Plurimus

     /  October 12, 2016

    Not only that, both school systems have allowed their facilities to fall into disrepair.

    The county is floating a bond to “fix” schools, but the money is not going to be used by the school system to actually fix the buildings in question. Whats more, they have no plan to fix the budget so this does not happen again.

  3. Nancy

     /  October 16, 2016

    No plan that they’re sharing. Many of the partner agencies have lots of good ideas, but without the town and county committing to a plan, we can’t take on a substantial project. Town staff are hosting a work session at the library this coming Wednesday, Oct. 19, at 6:30 p.m. to talk about affordable housing. I’m hopeful we’ll hear something substantive.

  4. CitizenWill

     /  October 20, 2016

    Got the OC PR piece “promoting” the bonds today and was surprised to see claim $5M housing bond would “create up to 1,000 affordable housing units throughout the county for rental and ownership.”

    I looked for justification of that number but didn’t find concrete calculations showing how $5,000 per unit would work over long term.

    Appreciate any pointers to those calculations.