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Market Update

Recently SOLD: First-floor living in Meadowmont! This 1 bedroom / 1.5 bathroom condo is located in the Greenway community. This condo has a spacious open floor plan. Recent updates include new luxury vinyl plank flooring, a new water heater, and a new dishwasher. There’s also a covered balcony! This home has a highly sought-after location with a grocery store, coffee shop, restaurants, UNC Wellness, walking trails, and a multitude of other shops just seconds away.

New on the Blog: World CLT Day

Last week, community land trusts around the world celebrated World CLT Day, an opportunity to acknowledge the worldwide community land trust movement and what it means for individuals and communities. You may know that Community Home Trust is a part of that community land trust movement – but do you know what that means?

Support for 55+ Homeowners

Local nonprofit Hope Renovations has launched a new aging-in-place maintenance and safety subscription program for homeowners who could use some support keeping up with regular home maintenance tasks. To learn more, visit their website.

Chapel Hill Bond Update

Many of you signed the Orange County Affordable Housing Coalition‘s petition to Chapel Hill Town Council, wrote letters, or spoke at a Council meeting advocating for an affordable housing bond on this fall’s ballot. Thank you for your advocacy!

Last week, Council voted to move ahead with a bond in 2024, which will include $15 million for affordable housing.

Upcoming Opportunities

CHT Orientation: Everyone is welcome to attend this in-depth introduction to our program in Chapel Hill and Carrboro. In-person and Zoom options available. Next session: May 23, 6pm on Zoom. Register here.

Homebuyer Education: This 8-hour class is offered in-person in our office (105 Conner Drive, Suite 1000, Chapel Hill) and gives potential buyers the tools to navigate the home-buying process. Completion of this class is a requirement of the program and most lenders, and attendance for the whole session is required to receive the certificate. This class is free and open to the public, but registration is required. Next session: June 1, 8:30 a.m. to 4:30 p.m. Supplemental live sessions are also available for those who have attended an online program. Contact Program Coordinator Deja Gilmore at dgilmore@communityhometrust.org for details and to register.

Neighborhood Tour: Learn more about the communities where CHT residents live and see some examples of our homes for yourself. The neighborhood tour lasts approximately two hours and starts with coffee and conversation at our office. Space is limited and registration is required. Next tour: August 29, 2:30 p.m. Request a seat on the bus here.

Recommended Reading

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Rewriting Our Rules: A LUMO Update,” Town of Chapel Hill, 2024.

In the rush to build, existing affordable housing is falling apart,” Priya Jayachandran, Shelterforce, May 9, 2024.

HUD Announces $30 Investment to Keep American Families Housed,” U.S. Department of Housing and Urban Development, May 14, 2024.