Orange County NC Website
10 <br /> 1 f. Dedication of Stormwater Control Structure Easement for Fairview Park Parking Area <br /> 2 Expansion Project <br /> 3 The Board approved a dedication of the Stormwater Facility Easement built to service the <br /> 4 Parking Expansion Project at Fairview Park as presented, upon final review of the County <br /> 5 Attorney, and authorized the Chair to sign. <br /> 6 <br /> 7 7. Regular Agenda <br /> 8 <br /> 9 a. County Assisted Affordable Housing Income Targets and Project Scoring Criteria <br /> 10 The Board considered approving the income targets and proposed scoring criteria for <br /> 11 affordable housing projects as part of the Proposed Orange County FY 2016 - 2020 Affordable <br /> 12 Housing Strategic Plan. <br /> 13 Travis Myren made the following PowerPoint presentation: <br /> 14 <br /> 15 Affordable Housing <br /> 16 Unit Allocations and Scoring Criteria for County Assisted Units <br /> 17 Board of Orange County Commissioners <br /> 18 November 1, 2016 <br /> 19 <br /> 20 Unit Allocation —Option #1 (chart) <br /> 21 • Broadened application from "Bond Funds" to "County Funds" <br /> 22 • Maintains the 250 unit cap for all income levels <br /> 23 <br /> 24 Unit Allocation —Option #2 <br /> 25 • Broadened application from "Bond Funds" to "County Funds" <br /> 26 • Maintains 250 unit cap for>50% to <80% of Area Median Income (AMI) only <br /> 27 • Emphasizes the need to create units for incomes under 50% AMI and special needs <br /> 28 populations <br /> 29 <br /> 30 Unit Allocation —Option #3 <br /> 31 • Broadened application from "Bond Funds" to "County Funds" <br /> 32 • Input from Affordable Housing Coalition <br /> 33 • Allocates amount of funds rather than number of units in each category <br /> 34 • Changes income ranges to include 60% of Area Median Income to be consistent with <br /> 35 tax credit project guidelines <br /> 36 • Adds homeowner option to the <30% to < 60% Area Median Income category <br /> 37 <br /> 38 Draft Project Scoring Matrix <br /> 39 • Broadened application from "Bond Funds" to "County Funds" <br /> 40 • Increased points (5 total) for accessibility, water and sewer service, and access to <br /> 41 transit <br /> 42 • Reduced points (5 total) for Community Sponsorship/Support to balance <br /> 43 • Included a financial model that demonstrates a financial sustainability over time to the <br /> 44 Project Feasibility section <br /> 45 <br /> 46 The following emails were sent to Travis Myren, from Housing Providers, in reference to <br /> 47 comments on this issue. The emails were shared with the Board prior to meeting: <br /> 48 <br /> 49 Susan Levy, Habitat for Humanity <br />