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Agenda - 09-08-2016 - 1 - Discussion of the Proposed Orange County FY 2016 - 2020 Affordable Housing Strategic Plan
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Agenda - 09-08-2016 - 1 - Discussion of the Proposed Orange County FY 2016 - 2020 Affordable Housing Strategic Plan
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9/2/2016 3:42:45 PM
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9/2/2016 10:08:15 AM
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BOCC
Date
9/8/2016
Meeting Type
Work Session
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Agenda
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1
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Minutes 09-08-2016
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\Board of County Commissioners\Minutes - Approved\2010's\2016
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6 <br /> Orange CounEy AFFORDABLE HOUSING STRATEGIC PLAN 2016 -2020 <br /> BOCC Work E n September 8, 2016 <br /> The extremely low income and very low-income residents of Orange County, which include seniors, <br /> especially those on fixed incomes, the homeless and persons at-risk of homelessness, as well as persons <br /> with disabilities, are the most adversely affected by the high cost of housing and lack of affordable <br /> housing in Orange County <br /> Income and Poverty <br /> Median Household Income (MHI) has increased substantially almost three times(at 32%) more than the <br /> percentage increase of population (111) in Orange County <br /> There has been an influx of higher income earning persons to the area. As a result, the new construction housing, <br /> or housing with recent upgrades is primarily benefiting this demographic, and the low to moderate income group <br /> is being shut out of the housing market, and decreasing the number of housing opportunities and increasing the <br /> need. <br /> Despite the increase in MHI,a notable portion of residents have low to moderate incomes(2010 U.S Census) <br /> 4 <br /> 39.74% of all Orange County residents have low to moderate income <br />
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