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Attachment page E of J <br />Do not submit this page <br />eligible non - profits and for - profits to develop affordable housing opportunities <br />- Establish homeownership program to assist existing Section 8 recipients <br />Output <br />- 30 additional lower income homebuyers (Orange County /Chapel Hill) <br />Indicators: <br />Priority 1.5 - Eliminate barriers to affordable housing <br />Strategies: <br />- Challenge and encourage non - profit and for - profit affordable housing providers to share <br />resources and collaborate <br />- Seek 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 <br />- 30 units of new affordable housing in mixed income developments (Orange <br />Indicators: <br />County /Chapel Hill) <br />- Increased awareness of barriers to affordable housing (Orange County /Chapel Hill) <br />Priority 1,Fs - Low Income <br />(< 60% AMI) Hotn'�owttership <br />Strategies: <br />- Provide down - payment and closing cost assistance to qualified homebuyers <br />- Provide homebuyer education and counseling with an emphasis on credit <br />- Provide acquisition, infrastructure, predevelopment and /or construction funding to <br />eligible non - profits and for - profits to develop affordable housing opportunities <br />- Establish homeownership program to assist existing Section 8 recipients <br />Output <br />- Up to 30 additional low income homebuyers (Orange County /Chapel Hill) <br />indicators: <br />Priority 1.7— Extremely <br />Low incomo ( <j091 ANTI) renters Ic oking for affordable rental housing <br />Strategies: <br />- 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 SRO 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 <br />- 30 units of new /rehabilitated affordable rental housing in mixed income developments <br />Indicators: <br />(Orange County /Chapel Hill) <br />Attachment page E of J <br />Do not submit this page <br />