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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: February 9, 2006 Action Agenda Item No. ~- a SUBJECT: Orange County Consolidated Housing Plan Update DEPARTMENT: Housing/Community Dev. PUBLIC HEARING: (Y/N) Yes ATTACHMENT(S): Executive Summary INFORMATION CONTACT: Application Form Tara L. Fikes, 245-2490 PURPOSE: To receive comments from the public regarding the housing and non_housing needs to be included in the Annual Update of the 2005-2009 Consolidated Housing Plan for Housing and Community Development Programs in Orange County and proposed uses of 2006-2007 HOME funds. BACKGROUND: In May 2005, a Consolidated Plan for Housing and Community Development Programs in Orange County was developed and approved by the U.S.. Department of Housing and Urban Development (HUD), This document details the housing needs of very low income, low income and moderate-income families and special population groups in addition to outlining the strategies and plans for addressing those needs. Each year, local communities are required to reassess the needs of the community. This public hearing provides an opportunity far citizens, public agencies and other interested parties to provide input into the Annual Update. In addition, the public is asked to comment on proposed uses of approximately $665,560 in 2006-2007 HOME funds, which represents a six (6) percent reduction in funding from the 2005-2006 program year. Eligible HOME Program activities include: acquisition; new construction; housing rehabilitation; and rental assistance. An application form has been designed for agencies interested in accessing HOME funds far local housing projects. A copy of the application is attached to this abstract for information. The deadline for completing this application form is February 28, 2006. The HOME Program Review Committee will then review the applications received and make recommendations regarding funding for consideration by the local elected officials in late April 2006. In order to inform the general public of this opportunity and encourage participation, notices have been placed in the Chapel Hill Herald and sent to local non-profit agencies. FINANCIAL IMPACT: The 2006-2007 HOME appropriation of $665,560 represents a 6% reduction in funding from the 2005-2006 appropriation of $707,938. RECOMMENDATION(S): The Manager recommends that the Board receive comments from the public as additional information.