Affordable Housing

Overview


The Town of Davidson is committed to maintaining an economically diverse citizenry and providing affordable housing opportunities. Davidson's historic mix of people in all income levels and ages is fundamental to our community, so town government will encourage opportunities, services, and infrastructure that allow people of all means to live and work here.

Documents


Income Limits


See the 2015 Income Limits for our Affordable Housing program (PDF).


2017 Housing Needs Assessment


In 2017, the UNC-Charlotte Urban Institute created a Housing Needs Assessment for the Town of Davidson. Highlights include:
1. Housing inventory is heavily single-family, owner-occupied.  There is a need for more rental units.
2. The population has more than tripled in the last 25 years.
3. There is an aging population.  Davidson is missing the 20-39 age range.
4. The population is increasingly affluent and educated.  Davidson is the only town in the county where over half the residents earn more than $100,000..
5. 5,500 people work in Davidson. Half of the workers earn less than $40,000, and few workers live in Davidson.
6. Homes are less affordable.  Median sales price in 2015-16 was $385,000 (Cornelius- $265,000; Huntersville- $250,000)


Davidson citizens were invited to the Davidson Town Hall board room on Monday, May 8 at 6:00 p.m. for an affordable housing forum hosted by the Town of Davidson and the UNC-Charlotte Urban Institute.       

The UNCC Urban Institute presented information and recommendations from the recently conducted Affordable Housing Needs Assessment. Following the presentation, attendees broke into smaller groups for round table discussions facilitated by the Urban Institute.

If you couldn't attend, here's the link to the video: http://www.ustream.tv/recorded/103088258