Orange County NC Website
017 <br /> owner occupied units are also fairly low (6% Orange County, 14% in <br /> Chapel Hill) . There is a total housing need for 2, 360 households <br /> in Orange County, and 1, 180 in Chapel Hill for households that earn <br /> between 51% and 80% of the median income. <br /> iii. Moderate Income. In Orange County and Chapel Hill, renter and <br /> owner occupied, moderate income households earning between 81% and <br /> 95% of the median income (between $32,954 to $38, 650) have very <br /> little housing problems and have fairly low cost burdens . There <br /> are only 84 ( 6%) renter households with any housing problems in <br /> Orange County, and 63 (8%) in Chapel Hill. Housing problems and <br /> cost burdens for elderly households dropped significantly from <br /> renter to owner occupied households, with no elderly household with <br /> a cost burden greater than 50% of their income. Of total <br /> households in both categories, more owner occupied households <br /> experience housing problems and cost burdens greater than 30% and <br /> 50% of income. As with the rented units, there are few owner <br /> occupied units with cost burdens greater than 50% of gross income. <br /> Approximately 429 households in Orange County and 210 households in <br /> Chapel Hill have a housing need. <br /> Residents in this income group have more housing options available <br /> to them due to their financial status. Unlike very low- and other <br /> low-income households, more moderate-income households are able to <br /> find housing units that suit all of their needs (space, size, <br /> location etc. ) within their financial means. <br /> As stated many times in this CHAS, Chapel Hill has a great <br /> need for housing. Roughly 38% of all County residents that earn <br /> between 0 and 95% of the median family income live in Chapel Hill. <br /> Although only 28% of total Orange County households live in Chapel <br /> Hill, 36% of very low-income, 35% of other low income, and 37% of <br /> all moderate-income households in Orange County live in Chapel <br /> Hill. Orange County' s rental housing stock is dominated by the <br /> Town of Chapel Hill where 52% of all renters reside. <br /> No information is available for families who meet Federal <br /> preferences for rental assistance except to note the waiting lists <br /> for existing units. As of July 19, 1993, the combined Section 8 <br /> and Public Housing waiting list for Orange County is approximately <br /> 1,218 families and individuals. The Town of Chapel Hill recently <br /> received funds to construct an additional 24 units of public <br /> housing, but this will only serve a small segment of the current <br /> waiting list. The public housing waiting list shows very slow <br /> turnover, as many families cannot move from public housing into <br /> unassisted housing even when they are paying the full fair market <br /> rent for public housing units, since units are not available in the <br /> private market at rents affordable to very low income families. In <br /> addition to public housing and Section 8 units, public-private <br /> assisted apartments, such as Adelaide Walters, Elliot Woods, Chase <br /> Park, Gateway, and Coachwood also have waiting lists, pointing to <br /> the need for additional assisted rental units. In addition, <br /> 14 <br />