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29 <br /> ORANGE COUNTY <br /> NORTH CAROLINA Orange County, North Carolina <br /> GOAL 5: Preserve the current supply of rental housing <br /> stock that is aging and in need of rehabilitation and <br /> upgrading to maintain the existing supply of <br /> affordable units into the future and to prevent the loss <br /> of more affordable housing. <br /> Strategies Action/Recommendation <br /> Continue to provide financial assistance to low- and _: Leverage maximum funding through <br /> moderate income homeowners to rehabilitate their existing the North Carolina Housing Finance Agency <br /> owner-occupied housing. Single-Family Rehabilitation Loan Pool <br /> (SFRLP) funds. Each recipient of SFRLP funds <br /> Continue to require that all new housing built or is now eligible with recent program changes <br /> located in Orange County continues to meet the minimum for up to $500,000 (instead of $1 70K) to <br /> standards specified in the State of North Carolina Building conduct financially-feasible, moderate <br /> Code, the Orange County Unified Development Ordinance, housing rehabilitation for households that <br /> the US Department of Housing and Urban Development and are below 80%AMI. Due to the extent of <br /> the USDA Rural Development Agency when appropriate. rehabilitation required for typical older <br /> homes of Orange County applicants, few <br /> Enforce state and local codes and ordinances to bring homes can be completed based on the state <br /> buildings into compliance with the standards through requirement of only $45K to bring each <br /> systematic enforcement. home up to code. Additional funds of <br /> $200,000 - $250,000 will allow the County <br /> Conduct Lead Based Paint (LBP) inspections and to complete approximately 10 homes <br /> assessments as necessary for full compliance with all instead of three (3) homes and fully and <br /> applicable LBP regulations and to control or reduce, to the more effectively leverage the state funding. <br /> extent feasible, all LBP hazards in all older housing of the <br /> County. Review the County's Minimum <br /> Housing Standards Ordinance in <br /> coordination with the Affordable Housing <br /> Advisory Board to provide recommendations <br /> to the BOCC on making it an effective tool as <br /> intended in fostering compliance with the <br /> Ordinance and preserving the County's <br /> housing stock of decent safe and sound <br /> housing. <br /> Draft Affordable Housing Strategic Plan <br />