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3 <br /> Attachment 1 <br /> COMPARISON of PRIORITIES, GOALS AND STRATEGIES of THE ORANGE <br /> COUNTY HOME CONSORTIUM FIVE YEAR CONSOLIDATED PLAN: 2015 - 2020 <br /> AND <br /> THE ORANGE COUNTY AFFORDABLE HOUSING STRATEGIC PLAN: 2016-2020 <br /> Consolidated Plan Priority Ranking Based on Projected Use of HOME <br /> Funds to Address Needs <br /> The 2015-2020 Five Year Consolidated Plan's priority ranking of needs for housing and <br /> other categories of community needs is defined as follows: <br /> • High Priority— Activities are assigned a high priority if HOME Investment <br /> Partnership (HOME) funding is expected to fund them during the Five Year <br /> Consolidated Plan period. <br /> • Low Priority— Activities are assigned low priority if the activity may not be <br /> funded using HOME funds during the Five Year Consolidated Plan period. <br /> Further, due to the decline in the amount of HOME funding over the years, <br /> activities that can be funded are very limited. The County and or the Towns <br /> (HOME Consortium) may support applications with other funding if those <br /> activities are consistent with the needs identified in the Five Year Consolidated <br /> Plan. <br /> On November 8, 2016, Orange County residents approved a bond referendum of $5 <br /> million dollars designated to help create up to 1 ,000 affordable units throughout the <br /> county. Affordable housing needs designated as (low priority for HOME funding) may <br /> now be funded due to the passage of the affordable housing bond referendum. The <br /> needs assessment and data provided in the Consolidated Housing Plan was <br /> incorporated into the development of the County's Affordable Housing Strategic Plan. <br /> For example: one of the greatest needs determined in the Consolidated Housing Plan <br /> is the need for affordable rental housing for persons and households with the lowest <br /> median incomes in the County and special needs populations (at or below 30% and <br /> 50% of median income for the county) which is consistent with findings in the Affordable <br /> Housing Strategic Plan. <br /> Following is a comparison of the Consolidated Plan and the County's Affordable <br /> Housing Strategic Plan by priority needs, goals and strategies identified for the <br /> Consolidated Plan's six categories: Housing, Homeless, Special Needs, Community <br /> Development, Economic Development and Anti-poverty. The scope of the Consolidated <br /> Plan is broader than the County's Affordable Housing Strategic Plan as its purpose was <br /> not to cover non-housing needs as required by HUD for the Consolidated Plan due to <br /> activities that may be funded with Community Development Block Grant Funds. <br /> The "Low" and "High" priority designations of the Consolidated Plan reflect the likelihood <br /> 1 <br />