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Agenda - 10-07-2014 - 6f
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Agenda - 10-07-2014 - 6f
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6/8/2015 11:02:57 AM
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BOCC
Date
10/7/2014
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6-f
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Minutes 10-07-2014
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\Board of County Commissioners\Minutes - Approved\2010's\2014
S Housing - Assistance Policy for the 2014 Cycle of the Single-Family Rehabilitation Loan Pool - 10-7-2014 - 6f
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\Board of County Commissioners\Various Documents\2010 - 2019\2014
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Additionally, properties are eligible only if they meet all of the following requirements: <br />' <br />• The property must require at least $5,000 of improvements in order to meet SFR <br />Rehabilitation Standards. <br />• The property must be free of environmental hazards and other nuisances as <br />defined by all applicable codes or regulations, or any such hazards or nuisances <br />must be corrected as part of the rehabilitation of the unit. The County's <br />Rehabilitation Specialist will determine whether there are environmental <br />hazards /nuisances present on the site and if they can be removed through <br />rehabilitation. <br />• Properties cannot be located in a right -of -way of any impending or planned <br />public improvements. The County's Rehabilitation Specialist will assist in <br />verifying status. <br />• The property cannot be located on a site that is endangered by mudslides, <br />landslides or other natural or environmental hazards. The Rehabilitation <br />Specialist will work with the homeowner to make this determination, if needed. <br />• Manufactured housing is not eligible for assistance <br />• The property must be current with all taxes. County staff will assist in verifying <br />status. <br />• The property may not be located in a flood hazard area. (Orange County will <br />verify whether the home is in the flood plain.) <br />• The property cannot have been repaired or rehabilitated with public funding of <br />$5,000 or more within the past 10 years. <br />2014 Income Limits for Orange County's <br />Single -Family Rehabilitation Program <br />Number In <br />Household <br />30% of <br />Median <br />Income <br />50 %of Median <br />( "Very Low <br />Income" ) <br />60% of <br />Median <br />Income <br />80% of <br />Median (`Low <br />Income" <br />1 <br />$13,800 <br />$23,000 <br />$27,600 <br />$36,800 <br />2 <br />$15,800 <br />$26,300 <br />$31,560 <br />$42,050 <br />3 <br />$17,750 <br />$29,600 <br />$35,520 <br />$47,300 <br />4 <br />$19,700 <br />$32,850 <br />$39,420 <br />$52,550 <br />5 <br />$21,300 <br />$35,500 <br />$42,600 <br />$56,800 <br />6 <br />$22,900 <br />$38,150 <br />$45,780 <br />$61,000 <br />7 <br />$24,450 <br />$40,750 <br />$48,900 <br />$65,200 <br />8 <br />$26,050 <br />$43,400 <br />$52,080 <br />$69,400 <br />2 <br />
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