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Agenda - 05-05-2016 - 6-b - Approval of 2016 - 2017 HOME Program Design for Consolidated Plan – Annual Action Plan Update
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Agenda - 05-05-2016 - 6-b - Approval of 2016 - 2017 HOME Program Design for Consolidated Plan – Annual Action Plan Update
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4/29/2016 9:12:18 AM
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4/28/2016 4:27:15 PM
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BOCC
Date
5/5/2016
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6b
Document Relationships
Minutes 05-05-2016
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2016
RES-2016-038 Resolution Authorizing the Orange County FY 2016-2017 Home Program Design
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2010-2019\2016
RES-2016-039 Resolution Authorizing the Submission of FY 2016-2017 Annual Action Plan for the FY 2015-2020 Consolidated Plan for Orange County, NC
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2010-2019\2016
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44 <br /> • 21.7%of households have earnings received from Social Security income. <br /> • 1.6%of households have earnings received from public assistance. <br /> • 16.1%of households have earnings received retirement income. <br /> • 32.9%of female headed households with children were living in poverty. <br /> • 15.7%of all youth under 18 years of age were living in poverty. <br /> Low/Mod Income Profile: <br /> The low- and moderate-income profile for Orange County is a measurement of the area's needs. The <br /> County has an overall low-and moderate-income percentage of 38.42%. <br /> Economic Profile: <br /> The following illustrates the economic profile for Orange County according to the 2010-2014 American <br /> Community Survey: <br /> • 55.7% of the employed civilian population had occupations classified as management, business, <br /> science, and arts. <br /> • 17.3%of the employed civilian population had occupations classified as sales and office. <br /> • 16.1%were in the service sector. <br /> • The education, health, and social service industry represented 38.7%of those employed. <br /> • 24.4%of workers were considered in the government class. <br /> According to the U.S. Labor Department,the preliminary unemployment rate in Orange County as of April <br /> 2015 was 3.9%, compared to a preliminary rate of 5.5% for the State of North Carolina, and a national <br /> unemployment rate of 5.4%. <br /> Geographic Distribution <br /> Target Area Percentage of Funds <br /> County-wide 100% <br /> Table 5-Geographic Distribution <br /> Rationale for the priorities for allocating investments geographically <br /> The County is not only attempting to meet the needs of the community, but also affirmatively further fair <br /> housing. It is essential to engage in not only community building activities and fund needed improvements <br /> in low-and moderate-income areas, but also to provide opportunities for residents to live in non-impacted <br /> areas. <br /> Discussion <br /> Not Applicable. <br /> Annual Action Plan 35 <br /> OMB Control No:2506-0117(exp.07/31/2015) <br />
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