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5 <br />FFY 2015 -2019 Five Year Consolidated Plan Orange County HOME Consortium, NC <br />requirement to receive funding under the Programs, To focus the approach to affordable housing <br />a Consolidated Plan is required by HUD. The Consolidated Plan for the first time will be an <br />electronic submission in a prescribed template required by HUD.. The Consolidated Plan describes <br />community needs identified, available resources, housing priorities, and proposed activities. In <br />the Consolidated Plan, the Consortium must address the housing needs and goals for the entire <br />geographic area it covers The Consortium allows local jurisdictions to take a regional and <br />collaborative approach to addressing critical affordable housing needs. <br />Since the Town of Chapel Hill is a member of the Orange County HOME Consortium, HUD has <br />determined that the County is permitted to submit one Regional Consolidated Plan that details <br />the needs of the entire County, including Chapel Hill As a CDBG entitlement recipient, the Town <br />of Chapel Hill will submit a separate Annual Action Plan as required by HUD for the town's CDBG <br />Funds. The Orange County HOME Consortium has prepared this FFY 2015 -2019 Five Year <br />Consolidated Plan for the period of July 1, 2015 through June 30, 2020 This Consolidated Plan is <br />a strategic plan for the implementation of the Orange County HOME Consortium's federally <br />funded program for affordable housing within Orange County, the Town of Carrboro, the Town of <br />Chapel Hill, and the Town of Hillsborough and for housing, community development, and <br />economic development for the Town of Chapel Hill <br />The Five Year Consolidated Plan establishes the Consortium's goals forthe next five (5) year period <br />and outlines the specific initiatives the Consortium and its member jurisdictions will undertake to <br />address their needs and objectives by promoting the rehabilitation and construction of decent, <br />safe, sanitary, and affordable housing, creating a suitable living environment, removing slums and <br />blighting conditions, affirmatively furthering fair housing, improving public services, expanding <br />economic opportunities, and other activities principally benefitting low- and moderate - income <br />persons <br />This Five Year Consolidated Plan is a collaborative effort of the Consortium members, the <br />community at large, social service agencies, County and Town officials, housing providers, <br />community development agencies, and economic development groups. The planning process was <br />accomplished through a series of public meetings, stakeholder interviews, resident surveys, <br />statistical data, and review of previous community development plans <br />This planning process also involves an analysis of HUD Comprehensive Housing Affordability <br />Strategy (CHAS) data, which provides statistical data on housing needs, to prepare its estimates <br />and projections, 2007 -2011 American Community Survey Estimates, and the 2010 U.S. Census. <br />This data is the most current information available to assess housing needs, homeless needs, <br />special-needs, social service needs, economic development needs, and other related needs <br />In HUD's assessment of Consortia across the county, those who truly meet the HOME program <br />goals to address the most pressing affordable housing needs look less at geographic boundaries <br />in their operations Those Consortia allocate funding according to local needs, capacity to use the <br />OMB Control No: 2506 -0117 (exp. 07/31/2015) 2 <br />