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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />• Action Agenda <br />Item No. 4-q <br />.ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: March 4, 1998 <br />SUBJECT: Impact Fee Reimbursement Policy for Affordable Housing <br />DEPARTMENT: Housing and Community Development PUBLIC HEARING: (Y/l~ ~ 'A~}`•~ <br />{. i:;.; <br />BUDGET AMENDMENT: (Y/1~ `~ ~~ . ;, ;~4k, <br />ATTACHMENT(S): <br />Revised Policy <br />County Attorney Statement <br />INFORMATION CONTACT: <br />Tara L. Fikes <br />TELEPHONE NUMBERS: - -eat. 2490 <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 227-2031 <br />PURPOSE: <br />To approve a revised Impact Fee Reimbursement Policy for non-profit housing development <br />agencies. <br />BACKGROUND: <br />On November 1, 1995, the BOCC approved a policy for impact fee reimbursement to local non- <br />profit organizations meeting the established criteria. The eligibility criteria includes only non-prof t <br />housing organizations producing single family housing for first-time homebuyers at or below 80% <br />of area median income. Since adoption, the interest in reimbursement of fees paid for rental <br />property developed for low income families has become more visible. <br />In order to address rental housing development within the reimbursement policy, on April 1, 1997, <br />the BOCC considered a policy revision to enable the BOCC to consider reimbursement requests <br />from non-profit organizations developing rental property on a case by case basis. At that time the <br />Boazd asked for the following additional information. <br />1. Definition: of Affordability -Affordable housing is defined as rental housing for which the <br />occupant pays no more than 30% of gross income for all housing costs, including utilities; or <br />owner-occupied housing which can be purchased for no more than 2.5 times annual family income. <br />2. Define Special Needs Populations -Special needs populations refer to such groups as: the <br />disabled including the physically handicapped; mentally ill; the elderly; persons living with AIDS; <br />substance abusers; and the homeless. <br />3. Will establishing criteria for reviewing of rental housing developments create an <br />"entitlement policy"? -See County Attorney's Statement <br />