The Political Resource for Fayetteville REALTORS®
The Fayetteville City Council annexed the Commons at Arran lakes West Subdivision unanamously August 23. The new subdivision is located west of Bingham Drive and at the end of Westfork Drive. Adjacent neighborhoods are Arran Lakes West to the north and Duck’s Landing to the southwest. The southern part of the proposed subdivision is not in the Fayetteville city limits.
The number of acres in the subdivision is 9.96. The new residential subdivision will provide 38 new residential homes.
The following public hearings were voted on by the Fayetteville City Council as they pertain to the real estate industry.
Annexation request for the proposed Coventry Woods subdivision. The project is located on the south side of McCloskey road and consist of 40.69 acres and being the property of William Clark. The new subdivision will have 112 residential lots and 112 housing units. Staff has assumed that construction will start on January 2, 2023 and potentially be completed by September 30, 2025.
McCloskey Road runs westward from Ramsey Street, north of I-295/Ramsey Street Interchange. If annexed the project will use PWC water and sewer for the future development. Present condiditons of the parcel is undeveloped.
A motion was made by Councilwoman Kathy Keefe to table the annexation for 30 days so the developer can talk to homeowners. The motion was seconded by Councilwoman Yvonne Kinston. The motion passed unanimously.
What was said:
Councilwoman Keefe – Are these $350,00 homes?
Jimmy Kizer (engineer) – I really can’t answer. They are building a similar project in Fairfield Farms currently. This will be an extension of that. We don’t get involved in the house construction part. It will float with market demands.
Councilwoman Keefe – So this is going to be a part of the Fairfield Farms Homeowners Association or is it just going to be a free for all? Can they put a 1,200 square foot home off a 4,000 square foot home?
Kizer – There is only one builder in the development that I know of. It will be built in phases. We are looking at 250 lot phases at this time. That same builder is the builder in Fairfield Farms. This will be a seperate HOA.
Councilwoman Keefe – But it backs up to them correct?
Kizer – yes
Councilwoman Keefe – So has anyone spoken to Fairfield Farms HOA? Are they aware that there will be a second entrance? This is kinda the first time hearing about it.
Kizer – I haven’t had any conversations with the HOA.
Councilwoman Keefe – So in our cam it shows expected value of $350,000 now I’m hearing $210,000 and a seperate entrance. That’s going to infrendge on the neighborhood and whether the neighborhood understands what is happening.
Coucilwoman Kinston – Was there a sign placed at the new entrance indicating the changes that would occur for that entrance?
Staff – No.
Doug Hewitt (City Manager) – The purposed zoning is similar to Fairfield Farms and annexation just gives the developer access to sewer and water…so it’s the same zoning as Fairfield Farms. It is not our process to do a community meeting. We can strongly encourage but not tradinally we have done.
Councilwoman Keefe – I got this seat because this happened in our neighborhood. I’m not against the developer but I feel the neighborhood needs to know what is happening. So my motion is we bring this back in 30 days, that we have time to let the neighborhood know that there will be an entrance coming in both ways.
What’s Next?
The annexation will be back on the September 27th regular City Council meeting agenda.
Annexation request for two properties, located at 5980 Ramsey Street and a portion of 6000 Ramsey Street. The property is .99 acres. Adjacent neighborhoods are Heather Ridge Apartments and North Crossings Apartments. The owner plans to build a new office building.
A motion was made to approve the annexation by Councilwoman Keefe and seconded by Councilman D.J. Hair. The motion passed unanimously.
from the City of Fayetteville
Affordable housing has been and continues to be a national concern for many growing communities. The City has commissioned an affordable housing study to guide the City of Fayetteville’s public investment and provide recommendations to address the housing needs within the community.
Key points and solutions:
  The AdvocateAugust 13, 2021 Bill activity and movement is starting to return to normal at the legislature. One issue of significance to NCR and is part of our legislative policy agenda is dealing with Orphan Roads. NCR supports clear road standards and adoption procedures to ensure roads intended for Department of Transportation (DOT) adoption do not end up abandoned, leaving homeowners’ safety and financial security in jeopardy. House bill 489 was amended this week to include language requiring DOT to take over subdivision roads within 90 days of a request. This provision requires that the roads meet DOT’s standards for acceptance into the state road maintenance system. This is great news as it helps prevent subdivision roads from falling into disrepair while waiting for approval, and it ensures homeowners are not left with unexpected maintenance costs. House bill 489 passed all Senate Committees this week and will be heard by the full Senate the week of August 16. As the bill was changed in the Senate it will be sent back to the House for concurrence. NCR’s lobbying team is working to ensure concurrence in the House. Also this week, the House budget included $30,000,000 to be used towards bringing orphan roads up to DOT standards so they can be accepted into the state maintenance program. Many of the details need to be worked out so funding is for the 2022-23 budget year to give all stakeholders more time to determine the best way to allocate these funds. Other important budget provisions included in the House budget are as follows: Mill and Historic Tax Credits are made permanent The Historic Preservation Tax Credit program is essential to ensuring that our state’s historic properties are preserved and restored to their former glory for valuable use. These credits help restore downtowns and rural areas, helping to revitalize communities by generating economic development and tourism, bringing people to our state. NCR supports the continuation of historic preservation and restoration by eliminating the sunset of the Historic Preservation Tax Credit program. PPP aligns with the Federal Government This makes the requirements for those with PPP loans the same as federal guidelines. Increase in the standard deduction – the amount earned before taxes are collected. SALT (State and Local Tax Deductions) Provisions are included. Lowers personal and corporate tax rates Allocates $1 billion for broadband. Allocates $200,000,000 for the Housing Finance Agency to provide gap funding to get workforce and other affordable housing options completed around the state. Provides $30,000,000 for Travel and Tourism Marketing. Please stay tuned for future Advocates for updates on important budget provisions and NCR priority legislation. Copyright 2021 | NC REALTORS® 4511 Weybridge Lane, Greensboro, NC 27407 336.294.1415 | hello@ncrealtors.org | ncrealtors.org Update your subscription preferences. |
The White House announced the launching of a new website from the CFPB to help renters and housing providers find rental assistance to cover rent owed as a result of COVID-19. The website makes it easy to find a rental assistance provider in your area.
NAR was invited by the White House to participate in a “call-to-action” to spread the word about this new resource, so you will see it shared on NAR’s social media accounts; please feel free to re-post to your own groups and accounts to get the word out. To further assist with the call-to-action, the White House provided a toolkit (attached), which includes lots of resources – sample emails, posts, images, and videos – to help with the effort.
NAR has also launched a new page with links to many resources on this, including NAR’s FAQ for housing providers, NAR’s background/talking points on the end of the eviction moratorium, resources from the federal government (including the CFPB toolkit), and resources from other housing industry groups, such as the National Multifamily Housing Coalition which includes tools for communicating with residents about rental assistance.
Rental assistance is available to help renters pay the rent they owe and housing providers collect it so they can meet their financial obligations. Nearly every program allows housing providers to apply on behalf of their tenants (with their permission) and all can do direct payments to the housing provider on behalf of the tenant.
Please avail yourselves of these resources and share them with your networks/clients/anyone who can benefit from them.
CFPB Rent Assistance Page: https://www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance/renter-protections/find-help-with-rent-and-utilities/
NAR Rental Assistance Resource Page: https://www.nar.realtor/political-advocacy/rental-assistance-resources
Let me know if you have questions.
Drew
Andrew G. Myers
Political Representative
National Association of REALTORS®
| Drew Myers Political Representative NATIONAL ASSOCIATION OF REALTORS® | 500 New Jersey Ave NW | Washington, DC 20001 Email: dmyers@nar.realtor | Office: 202-383-1072 www.nar.realtor |
Development Services: Need a permit? A 15-minute City of Fayetteville Podcast addresses growing state concerns about housing permits and how Development Services is helping. Jason Everage, Chief Building Official, and Development Services Director Dr. Newton. Although permits are not always required in several replacement types of work in houses, The NC Real Estate Commission is disciplining licensed brokers who fail to disclose permitted or non-permitted changes as material facts. The Podcast was shared with the local Longleaf Pine REALTORS® and the Home Builders Association Fayetteville. Listen
