Orange County NC Website
11 <br /> 1 • 36% of units created are serving households under 30% of Area <br /> 2 Median Income <br /> 3 • 78% of units created are serving households under 50% of Area <br /> 4 Median Income <br /> 5 o Special Needs <br /> 6 • Three of the five projects serve special needs populations <br /> 7 • Any special needs populations served awarded 20 points <br /> 8 o Recommended Changes <br /> 9 • Better define special needs populations <br /> 10 • Prorate scores for proportion of units serving residents with <br /> 11 special needs <br /> 12 • Local Residency <br /> 13 o Applicants not directed on how to report local residency <br /> 14 o Reporting across applicants was inconsistent <br /> 15 o No scores assigned <br /> 16 o Recommended Changes <br /> 17 • Define residency as households residing or working in Orange <br /> 18 County <br /> 19 • Award partial score based on marketing and recruitment efforts <br /> 20 • Award partial score based on estimated local residents served <br /> 21 with a reporting requirement upon occupancy <br /> 22 • Leveraging <br /> 23 o Leveraged Funds <br /> 24 • Habitat for Humanity— 64% <br /> 25 • CASA Merritt Mill West— 65% <br /> 26 • CASA Merritt Mill East— 67% <br /> 27 • EmPOWERment Cole and Bynum — 0% <br /> 28 o Mixed Use and Mixed Income points <br /> 29 o Recommended Changes <br /> 30 • Eliminate ability to pay property taxes for non-profit agencies <br /> 31 since rental property owned and operated by non-profit (2 points) <br /> 32 • Eliminate ability to repay bond funds for non-profit agencies due <br /> 33 to low operating margins serving lower income residents (13 <br /> 34 points) <br /> 35 <br /> 36 Chair Dorosin asked if the three higher scoring projects got the 13 or 15 points that are <br /> 37 discussed on this slide, while the two lower scoring projects did not. <br /> 38 Travis said no, and because all of these are rentals, and owned by non-profits, none of <br /> 39 the applicants got any of those points in this round. He said in the future there may be a private <br /> 40 developer that has some mixed income project that has to pay property taxes, and also has the <br /> 41 financial margin to be able to repay the bond funds. He said those criteria could be eliminated <br /> 42 for the non-profit applications. <br /> 43 <br /> 44 • Building Design <br /> 45 o New Construction Projects <br /> 46 • Highest degree of energy efficiency <br /> 47 • No retrofit for universal design <br /> 48 • Lowest maintenance <br /> 49 o All scored well for accessibility to services, water/sewer, and public <br /> 50 transportation <br />