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eligible non-profits and for-profits to develop affordable housing opportunities <br /> Establish homeownership program to assist existing fiction 8 recipients <br /> Output - 30 additional lower income homebuyers(Orange County/Chapel Hill) <br /> Indicators: <br /> IM FBI WA((,(7 <br /> rim QQM/11 YMMENIZA 0, W/ <br /> I'M lflr/�"M I tM®r"Ir" <br /> Strategies: - Challenge and encourage non-profit and for-profit affordable housing providersto share <br /> resources and collaborate <br /> - Lek legislation that would require all local governments to require new residential and <br /> commercial developers in the County and Towns seeking zoning approval and/or permits <br /> to contain at least 15%affordable units in residential projects <br /> - Utilize equity sharing and community land trust concepts to limit the dramatic escalation <br /> of housing costs <br /> Output - 30 units of new affordable housing in mixed income developments(Orange <br /> Indicators: County/Chapel Hill) <br /> - Increased awareness of barriersto affordable housing(Orange County/Chapel Hill) <br /> Strategies: - Provide down-payment and closing cost assistance to qualified homebuyers <br /> Provide homebuyer education and counseling with an emphasison credit <br /> Provide acquisition, infrastructure, predevelopment and/or construction funding to <br /> eligible non-profits and for-profitsto develop affordable housing opportunities <br /> Establish homeownership program to assist existing fiction 8 recipients <br /> Output - Up to 30 additional low income homebuyers(Orange County/Chapel Hill) <br /> indicators: <br /> Strategies: - Partner with local housing developers and/or property management firms to develop <br /> affordable rental housing for Extremely low-income residents <br /> Develop rental subsidy program for the<30%AMI residents <br /> Possibly develop an-9;0 model for implementation to develop more affordable housing <br /> Review current density ordinances for possible revision to increase ability to develop <br /> affordable, multi-rental housing <br /> Output - 30 units of new/rehabilitated affordable rental housing in mixed income developments <br /> Indicators: (Orange County/Chapel Hill) <br /> Attachment page E of J <br /> Do not submit this page <br />