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You are here: Home / Current Initiatives / Affordable Housing (2016- )

Affordable Housing (2016- )

There are at least 6,600 low income families who are one paycheck away from homelessness because they pay more than half their income toward housing. This problem has grown since the start of the pandemic. Four out of five of these families earn less than $43,000 each year. Rents in the region have increased by 42% between 2011 and 2018, with residents experiencing a rent increase of 7% in 2017. In Albemarle County the affordability requirements for 445 units will expire within the next 10 years, potentially kicking 445 families into the streets. Seniors and people of color are affected at disproportionate rates.

Zoning and land-use policies in Charlottesville with roots in the Jim Crow era, are pricing out lower income families. One in four Black homeowners have either moved or lost their homes between 2000 and 2018, while white homeownership has increased by 20%.

Our vision is to see HOUSING FOR ALL: Everyone needs an opportunity for safe, accessible and affordable housing. A bold step toward this is for the City, County and UVa to commit to solutions that will provide at least 3,000 new affordable homes by 2030. Here’s how we get there:

WHAT WE WANT IN THE COUNTY
We want an Affordable Housing Trust Fund that will prioritize low-income families and seniors. To do that well, it needs $5 million annually from dedicated funding sources.

WHAT WE WANT IN THE CITY
We want an updated zoning map that allows new affordable development in every neighborhood in the city. We also want $3 million annually, from dedicated funding sources, in the Charlottesville Affordable Housing Fund. It is a proven tool to help developers build affordable homes.

WHAT WE WANT FROM UVa
Reserve at least one-third or 300-500 of UVa’s housing goal for families at or below 60% AMI and/or accept housing choice vouchers: For example, families of 4 earning $56,340 or less are among the hardest hit by the housing crisis. We want the University to take seriously its opportunity to close the widening gulf that threatens these families

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