Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: November 1, 2016 <br /> Action Agenda <br /> Item No. 7-a <br /> SUBJECT: County Assisted Affordable Housing Income Targets and Project Scoring <br /> Criteria <br /> DEPARTMENT: Housing, Human Rights and Community Development <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1) Options 1 and 2 for Discussion of Audrey Spencer-Horsley, Director, <br /> Targets by Units and or Income Housing, Human Rights and Community <br /> 2) Revised Draft of Proposed Development, (919) 245-2492 <br /> Affordable Housing Program <br /> Evaluation: Scoring Criteria <br /> (Matrix) <br /> 3) 2001 Bond Funded Projects by <br /> Income Targets <br /> UNDER SEPARATE COVER <br /> To be Provided Prior to or at the <br /> Meeting <br /> 4) Affordable Housing Coalition <br /> Projects by Income Targets <br /> PURPOSE: To consider for approval the income targets and proposed scoring criteria for <br /> affordable housing projects as part of the Proposed Orange County FY 2016 - 2020 Affordable <br /> Housing Strategic Plan. <br /> BACKGROUND: The attached materials (Attachments 1-3) have been updated based on <br /> comments and requests from the Board's discussion at its October 4, 2016 meeting. There are <br /> two options (Attachment 1) included for the unit targets: Option 1 maintains the 250 unit cap for <br /> each population and Option 2 only imposes a cap on the units serving 50% to 80% of area <br /> median income (AMI). In addition, on Attachments 1 and 2, the words "Bond Funds" to "County <br /> Funds" were changed to broaden the application of the targets and criteria to any County funds <br /> used for affordable housing purposes. <br /> To incorporate the Board's comments on the project scoring matrix under Building Design <br /> criteria (Section C), accessibility, water and sewer, and transportation was re-weighted giving <br /> them an additional five points total. The Community Sponsorship/Support criteria (Section E) <br /> were reduced by five points as an offset. Finally, "financial model" wording was added to the <br /> Project Feasibility criteria (Section F). <br /> An advance copy of Attachments 1 and 2 were forwarded to the Board to allow additional time <br /> for consideration by each Board member prior to discussion at this regular meeting. Also <br />