P-0291 - Housing - Orange County Housing Bond Policy

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ATTACHMENT 2 -- PROGRAM MONITORING AND REPORTING All housing bond recipient agencies are required to file semi-annual project reports with the Orange County Department of Housing and Community Development beginning six months after the BOCC approves the award and ending with a final project report no later than two (2) months after project completion. These reports will involve the completion of a standardized form that is intended both to collect baseline information on each phase of every project (pre- development, development, and marketing) as well as to provide an opportunity for self- reporting on the particular details of each project. The Affordable Housing Advisory Board will 1) review the bond program semi-annually to monitor the housing bond program, raise policy issues with staff and the BOCC, and receive information, 2) maintain a database to facilitate the dissemination and analysis of housing bond- related information, and 3) prepare a Housing Bond Annual Report which will be made available to all County residents and formally presented to the Orange County Board of Commissioners during a regularly scheduled meeting.