Agenda - Item 6-c - Orange County Consolidated Plan – FY 2018-2019 Revised Annual Action Plan and Proposed FY 2018-2019 HOME Activities

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9 FFY 2018 Annual Action Plan Orange County HOME Consortium in their operations. Those Consortia allocate funding according to local needs, the capacity to use the funds, and a regional strategy that addresses the broader housing needs of the Consortium as a whole —for the success and betterment of the whole —for a better quality of life and economic vitality for all the communities individually and collectively. Greatest Needs; According to the 2012 -2016 American Community Survey 5 -Year Estimates the elderly population of Orange County (age 62 and above) is 20,272 persons which represents 14.5% of the total County's population. As the County's population ages in place, there will be less available elderly units and a higher demand for those units. As part of the Master Aging Plan, Orange County aims to offer an array of housing options that reflects the diverse preferences and abilities of an olde adult population. Orange County needs to conceptualize a continuum of housing types t= acco- odate rapid growth in its senior population and invest in the development of pre�e-rre . housi_ g models. There is a great need for housing rehabil moderate - income persons. The housin. to poor. Many of the higher quality en to the universities. The lower qua_tV- code enforcement is needed to aress There is also a lack o�a cesslb ousir physically disabled P' -se�y, there are 10 Projects in Oran CAO)y t _ ; 'F tea' There is a co ntl ng need for " aka existing housing is g erally so�fd and e housing stock occupied by low- and ;k isV1fid the re.. al housing units range from fair 0 g units are I_ ted in the urban centers and close -a ding units�f re loc I d in the rural areas. Improved e housin- efi ncies. units in th ounty that serve the needs of the l accesslelausing units for the disabled in LIHTC ' and "accessible" housing in Orange County. The lRvappears to be an adequate supply of market -rate housing. However, there is a lac0- affo dable housing. The County has a growing population, and new construction and rehabilita work is increasing again as evidenced by the number of building and renovation permits issued throughout the County. Real estate values continue to rise, which benefits property owners and most homeowners. However, these rising real estate values negatively impact very low -, low -, and moderate - income households who are increasingly cost - overburdened in their homes by 30 to 50 percent or greater; additionally, this hurts those who cannot find affordable housing and are having to increasingly seek housing outside of the County or live in substandard conditions not by choice, but by necessity. Housing values (both rental and owner - occupied) have increased with the rise in the number of households to the area. This increase has been especially burdensome on low- and moderate - income renter households. A decrease in the quality and the quantity of affordable rental housing has placed many of the very low- income households at imminent risk of becoming homeless. OMB Control No: 2506 -0117 (exp.07 /31/2015)