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May 6, 2008 Draft Comprehensive Plan <br />Table of ~BOCC Accepted Planning Board Revisions <br />(Line items revised by the BOCC have been noted where applicable) <br /> m <br />,~ a <br />c ~, <br /> PB Proposed Revision ° w ~ ~ ;~ <br /> (Chapter breaks and new objectives are shaded) ~ <br /> a ~ a °~ <br />~ ~ ~ c~j ci o-p <br /> <br />c~ ~ ~U <br />~ ~ <br />++ ca <br /> <br />'" <br />a c <br />~ <br />Oma <br />Cm <br /> Add the following: The Affordable Housing Bond Program uses bond funds <br /> to create deferred and direct loans, which encourage homeownership. In <br /> 2001, Orange Countv voters approved a $4.0 million dollar Affordable <br /> Housing Bond referendum. A wide range of proiects are eligible for bond <br /> <br />2 fundin includin homeownershi and rental housin ro'ects as well as land <br />) 4-2 30 BOCC 7/9/2008 <br /> acquisition proiects. Mixed-tenant housing and production of non-traditional <br /> housing types -- such as duplexes and single room occupancy (SRO) units <br /> are also encouraged. Project proformas are reviewed to insure the financial <br /> feasibility of proposals and to recommend specific rates and terms to the <br /> Board of Countv Commissioners. <br /> Add as a bullet point: According to the U.S. Department of Housing and <br />3) 4-5 30-31 Urban Development, in FY 2008, the median income for families in Orange PB 9/10/2008 <br /> County was $62,100. <br /> In 2000, married families (which includes married couples without children1 <br /> had a median income of $59,874 ' <br />4) 4-5 31 e5. Male single-parent households had a median income of BOCC 9/10/2008 <br /> $32,634, and female single-parent households had a median family income <br /> of $24,705. <br />11/18/08 All comments from the May and August Public Hearings were considered by the Planning Board during its review process. 6 of 32 <br />