Realtors® Matt Reyes, Todd Long, Alison Royal-Combs and Sonya Leonard present a check from the Charlotte Regional REALTOR® Association to Mooresville Mayor Miles Atkins and the Town Board of Commissioners
The Town of Mooresville recently launched a multi-year effort to develop a Comprehensive Housing Strategy to determine how to best prepare for growth that is expected to double the town’s current population by 2020. The community-based initiative is funded by public and private dollars, including support from the Charlotte Regional REALTOR® Association (CRRA) and the National Association of Realtors® (NAR).
A pilot initiative created through the CONNECT Our Future regional planning initiative, the Housing Strategy will evaluate Mooresville’s existing housing stock, its projected rate of population and job growth, and its economic development goals, to develop a plan for overcoming gaps and barriers in providing the housing needed to accommodate future demand.
When a Community‐based Housing Strategy is in place, the Town of Mooresville will be able to:
Match housing goals to the needs of specific housing market segments and provide a clear path for implementing those goals;
Build public and elected official awareness of housing challenges and opportunities and build public/political will to support solutions acceptable within the community;
Provide continuity to goal‐directed housing efforts as new officials are elected;
Work more effectively with REALTORS®, home builders and developers, streamlining approval processes aligned with housing goals, reducing risk and enhancing predictability;
Help develop better quality housing that meets their community goals for current and future residents;
Support residents’ quality of life through life‐cycle housing that enables aging in place.
Phase 1 of the study, launched this month, will define the community’s housing needs and challenges through an in‐depth quantitative housing and extensive public engagement. This phase is projected to cost roughly $30,000, $5,000 of which will be provided through a Housing Opportunity grant by NAR and CRRA.
A Community Steering Committee will meet monthly through next Spring to define the Town’s housing needs, explore strategies for addressing projected growth, and select options that preserve Mooresville’s character while ensuring an adequate supply of housing is available for buyers at all income levels and stages of life.
The first of many Public Engagement Meetings will be held on Tuesday, June 30th, at 5 p.m. at the Charles Mack Center in downtown Mooresville.
As a partner in the CONNECT Housing Work Group, REBIC will work closely with Centralina and the Town of Mooresville to ensure the success of the Housing Strategy effort, in the hopes that it will serve as a model for other communities around the Charlotte Region.