Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing topic
No spam. Unsubscribe anytime.
Housing fund readied for Northpointe public–private partnership; council asks for reserve discussion
Summary
Staff described a $3.9 million housing fund supporting ARPA and prior-year funds and said $1 million ARPA is earmarked for Northpointe (a 160-unit mixed-income project). Council members asked staff to consider a minimum housing reserve and to hold a dedicated housing workshop.
Town staff summarized the housing fund and highlighted early actions for FY26, including $1 million in ARPA funds set aside for Northpointe, a proposed 160-unit development with units targeted at 60–150% of area median income. "A reminder, it's a 160 units, 1, 2, 3 bedroom between 60 and a 150 of the area median income for rent," the presenter explained while walking through the housing-program priorities.
Council members urged establishing a minimum fund balance for housing to ensure continuity of programs and asked staff to prepare a housing workshop to examine funding streams, Beaufort-Jasper Housing Trust agreements and grant opportunities. Staff also noted a chief housing officer transfer and that several housing projects (Northpointe, Bryant Road public–private partnership) will return to council with project specifics.
