Agenda - 05-05-2016 - 5-a - Minutes

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11 1 2 The Orange County Board of Commissioners met on January 29, 2016 for an annual retreat. In 3 reviewing the previous six goals the Board has used since 2009, affordable housing was a high 4 priority under Goal 1: Ensure a community network of basic human services and infrastructure 5 that maintains, protects, and promotes the well-being of all county residents. The Board stated 6 that there be a priority for decent, standard housing options for all residents regardless of 7 household income level and that funds be used to develop a targeted number of units (set 8 numerical goal), especially rentals. The AHSP addresses this priority of the Board. 9 10 The AHSP analyzes the current rental and homeowner housing market, examines housing 11 market trends and economic trends, specifically in relation to household income and identifies 12 the widening gap between needs and affordable housing countywide as well as public policies 13 and actions affecting affordable housing in the County. The AHSP identifies goals for the next 14 five years, and proposes strategies and opportunities to meet those goals. 15 16 In order to begin to meet the need for affordable housing in Orange County, particularly 17 residents who are most cost burdened at 30% to 50 % median income as discussed in the 18 AHSP, the ASHP has an overarching shared countywide goal of creating 1,000 assisted 19 affordable housing units in five years. The shared countywide goal of 1,000 assisted units are 20 to be provided through acquisition, construction, urgent repair, assisted housing, and 21 rehabilitation of the existing housing stock over the next five (5) years. 22 23 At least 500 of those units are recommended to be new assisted rental units that do not exist 24 today. They would be created through the planned November 2016 $5 million bond referendum 25 for affordable housing. Of those 500 new units, twenty-five to thirty percent (25%-30%) will be 26 targeted to serve extremely and very low-income households, at or below 30% — 50% of 27 median income. Another twenty-five to thirty percent (25%-30%) of the new units would be 28 targeted to serve special needs populations including the homeless, persons with physical 29 and/or mental disabilities and older adults. The remaining 500 units would be units provided for 30 individuals and households that are at or below 50-80% of median income for the County and 31 would include rental and homeownership units. 32 33 The AHSP has identified ten goals with strategies provided for each goal and action and 34 recommendations to implement them. The thirty-three: Actions (A)/Recommendations(R) are 35 listed with each goal and set of strategies. Those numbered with (AR) are 36 Actions/Recommendations staff is requesting to pursue immediately and or require funding 37 decisions. With the Board's approval of the AHSP, staff will bring back to the Board detailed 38 work plans and metrics in collaboration with community and municipal partners and County 39 agencies. 40 41 The ASHP builds on the analyses, data, community-wide input, findings and strategies in the 42 Orange County Consolidated Plan and the Analysis of Impediments to fair housing choice 43 prepared for the Orange County HOME Consortium that is comprised of Orange County and 44 the Town of Carrboro, Town of Chapel Hill and Town of Hillsborough. The AHSP identifies the 45 critical need for affordable housing for individuals and households of extremely and very low 46 income and for population groups with special needs including the homeless, persons with 47 physical and or mental disabilities and the elderly. 48 49 The AHSP reviewed existing affordable housing programs and tools of the County and covers 50 an assessment of the county's housing stock. This included examining mobile home parks of