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Agenda - 11-01-2016 - 7-a - County Assisted Affordable Housing Income Targets and Project Scoring Criteria
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Agenda - 11-01-2016 - 7-a - County Assisted Affordable Housing Income Targets and Project Scoring Criteria
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10/28/2016 7:28:07 AM
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BOCC
Date
11/1/2016
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7a
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Minutes 11-01-2016
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\Board of County Commissioners\Minutes - Approved\2010's\2016
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3 <br /> Option 1—implement Unit Targets for Each Population Served <br /> ORA! GE col I Nye <br /> k i i ( ,;A.RO LI.N A. <br /> DRAFT Attachment 1 <br /> County Funds to Help the County Reach a Countywide Shared Goal of <br /> 1,000 Affordable Housing Units in Five Years: 2016 —2020 <br /> OPTION: TARGETING INCOME and SPECIAL NEEDS by#UNITS and TYPE <br /> Household Income Range Target Units Percent of Examples of Population <br /> Units Served <br /> 0 to <30% 250 (all new rental) 25% Minimum Wage Earners, <br /> Childcare Providers, <br /> Restaurant Service Workers <br /> and Artists <br /> >30%to<50%Area Median 250 (all new rental) 25% Maintenance Workers, <br /> Income Nursing Assistants and <br /> Health Aides,Teacher <br /> Assistants and Construction <br /> Helpers <br /> > 50%to<80%of Area Median 250 (rental and 25% Workforce employees, <br /> Income homeowner; new teachers, small business <br /> and existing units) owners and first responders <br /> Special Needs Populations 250 (all new rental) 25% Residents with disabilities, <br /> older adults/seniors, <br /> residents experiencing or at <br /> risk of homelessness, and <br /> victims/survivors of domestic <br /> violence <br /> Total 1,000 <br /> U.S. Department of Housing and Urban Development(HUD) Income Limits as of April 13,2016: <br /> Area median income for Orange County is$74,900(family of four) <br /> 30%-$21,200 <br /> 50%-$35,350 <br /> 60%-$42,420 <br /> 80%-$56,550 <br />
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