The City will develop a home ownership initiative targeting existing investor owned duplexes in areas of the city with low rates of home ownership. Since November 1999, over 100 families obtained housing and over 140 people obtained Section 8 rental subsidies through the program. The City will participate in a regional affordable housing needs assessment that will provide demographic, economic and housing forecasts for the next five and ten years. Extend home ownership to low-income families under Burlington Housing Authority s new Section 8 Homeownership Demonstration Program. The City will continue to actively support Burlington Community Land Trust in the development of affordable rental housing at the Vermont Transit Bus Barns.
Environmental assessment is complete and construction has begun.
The City will continue to actively support Cathedral Square and Housing Vermont in the development of affordable rental housing for the elderly, single parents and parenting teens at McAuley Square. The date for the official ground breaking is January 22, 2001. The City will support Lake Champlain Housing Development Corporation in the development of affordable rental housing located behind Mall 189 off Shelburne Road. Local permits in place, funding is secured, project is in the Act 250 process with construction expected to begin in November 2000. The City will support Lake Champlain Housing Development in the development of affordable rental housing located on Lime Kiln Road in South Burlington.