Victor Sharpe (Fayetteville’s Community Development Director) presented the 2015-2019 Consolidated Action Plan. Some of the highlights of the plan are below. To obtain the 200 page plan, please follow the link below.
Background: The Comprehensive Community Action Plan addresses the City’s needs in the areas of decent affordable housing, economic opportunities, and suitable living environments. Based on this plan, various grants can be awarded to municipalities. Community Block Development Grants, Home Investment Partnership Grants from the US Department of Housing and Urban Development (HUD) require a Consolidated Strategic Plan and Annual Action Plan.
The City of Fayetteville contacted a wide range of public input for the construction of the plan. The three objectives or goals of the plan are 1) decent affordable housing 2) suitable living environments and 3) economic opportunities.
Housing Needs (information is from the plan)
- The City of Fayetteville has seen a 17% increase in the population between 2000-2011
- Low to moderate income households continue to experience housing problems associated with cost burdens
- The median income in the city is $44,266
- The median rent in the city is $862, 12% higher than the median rent in N.C. (U.S. Census data)
- 28.7% of households in Fayetteville are single-person occupied (U.S. Census data)
- Since 2000, 61% of all new construction has been renter-occupied construction
- Since 2000, 32% of the county’s construction has been owner-occupied construction
- In the next 10 years, the region will lose 308 units of affordable housing through expirations, or 7.4% of stock
- According to the Fayetteville Regional Association of REALTORS®, in 2014, of the 847 new home listings, no new homes were constructed in the $<99,999 price range
The following areas in the City of Fayetteville appear to contain more housing problems than other areas in the city/county.
- The B-street neighborhood
- Bonnie Doone neighborhood
- Murchison Road
- Low-rent hotels/motels on US 301
- 301/I-95 Corridor
- Old Wilmington Road
- Yadkin Road, around the mall
- Massey Hill neighborhood
- Sunnyside Elementary School District, East Fayetteville
- Substandard Mobile home parks off Murchison Road
Strategic opportunities in these areas?
- Habitat for Humanity has announced plans to revitalize the B Street neighborhood, the opportunity exists to bring in more businesses on Grove Street and Eastern Boulevard
- The City plans to develop the Bunce Road Housing Development in west Fayetteville, which will create 45-50 units of single family housing on the sit of a former mobile home park
- The City hopes to obtain tax credits for developments within redevelopment plan areas such as in Western Fayetteville near Bunce Green through the North Carolina Housing Finance’s Agency
Bunce Road Housing Development
- The City will partner with the Fayetteville Area Habitat for Humanity to provide a non-interest bearing loan to cover the gap of infrastructure costs for this housing development project
- Fayetteville Area Habitat for Humanity will develop 15 affordable detached bungalow style single family homes for low to moderate-income families at or below 80% our area’s median income.
- The building of these homes will be the first of three phases to complete a total of 45 homes over three consecutive program years