Dear Subscriber,

I’m starting off the year really excited about what’s to come for CHT in 2024 and beyond!

If you pay attention to the news, locally or nationally, you know that even as the need continues to grow, affordable housing is in short supply. You probably also know that as the Town of Chapel Hill’s inclusionary zoning partner, the vast majority of our new housing inventory at CHT comes to us as a result of that policy, which dictates that a percentage of all new homeownership units in the Town be affordable per HUD guidelines.

With all the development that is planned for the Town in the near future, we’re expecting our inclusionary inventory to double in the next five years.

That is really good news for our local employees who want to become homeowners but can’t currently afford any of the homes on the private market. Doubling our inventory means that we can double the number of teachers and local government employees and childcare providers and service workers and healthcare professionals who can afford to live where they work – and in doing so, we can continue making Chapel Hill a more diverse, welcoming, inclusive place to own a home.

Whether you’re currently a resident of the Town or are looking to become one, you may be wondering where all those homes are going to be built. So we’ve recently added a page on our website where we’ll keep updated information about new inclusionary homeownership opportunities as it becomes available.

Construction timelines change and development plans evolve, so please keep in mind that all details on this page are subject to change. And keep an eye on it as we continue to add and adjust the information we have in the coming months and beyond.

If you’re interested in purchasing a CHT home – whether a current listing or one of these upcoming developments – NOW is the time to apply! It’s never too early to get your name on our list so you’re ready when the right home for you becomes available, even if you’re thinking about purchasing a home a few years out. You can complete our free application online, and if you prefer a paper copy, we can drop one in the mail for you. Our staff is always available to answer questions about your application, so don’t hesitate to reach out.

Whether you’re a CHT homeowner, tenant, applicant to our program, or supporter, I’m excited to share this new phase of our work with you and look forward to keeping you updated!

With anticipation,

Kimberly Sanchez, Executive Director