Charlottesville’s efforts to create a Climate Adaptation Plan move forward this month with a community forum to get input on potential threats from more extreme weather patterns. The October 25 event will be the first steps for the city to complete a Climate Vulnerability Assessment.
“As part of the city’s climate action effort, it has committed to developing a plan to reduce greenhouse gas emissions and to prepare and respond to our changing climate,” said Susan Elliott, the city’s climate protection program manager.
The Charlottesville Economic Development Authority has reauthorized a performance agreement with the Piedmont Housing Alliance for a loan for the redevelopment of Friendship Court. Piedmont Housing Alliance would pay the money back through the incremental tax revenue the city would get from a more intense residential development. Here’s Economic Development Director Chris Engel. (staff report)
“Typically, our performance agreements are done to encourage business development, job creation, capital investment that creates office space or an industrial building,” Engel said. “In this case, the public good if you will is the rehabilitation and addition of not public housing, but affordable housing that would be owned and managed on a long term basis by the Piedmont Housing Alliance.”
The city is currently considering using this tool to finance improvements to Stribling Avenue. This is also the same mechanism that was proposed by the owner of the skeleton Landmark hotel.