Orange County NC Website
PHA Name: Orange County 5-Year Plan I'or fiscal Years: 2005 - 2010 Annual Plan (or PY 2005 ~~ <br />HA Codc: NC104 <br />^ To increase housing options for' families <br />^ Other (list below) <br />d. How often are payment standards reevaluated for adequacy? (select one) <br />® Annually <br />^ Other (list below) <br />e. What factors will the PHA consider in its assessment of the adequacy of its payment standard? <br />(select all that apply) <br />® Success rates of assisted families <br />® Rent burdens of assisted families <br />^ Other (list below) <br />(2) Minimum Rent <br />a. What amount best reflects the PHA's minimum rent? (select one) <br />^ $0 <br />® $1-$25 <br />^ $26-$50 <br />b.. ^ Yes ® No: Has the PHA adopted any discretionary minimum rent hardship exemption <br />policies? (if yes, 1rst below) <br />5. Capital Improvement Needs <br />[24 CFR Part 903.12(6), 903.7 (g)] <br />Exemptions from Component 5: Section 8 only PHAs are not required to complete this component and may skip to <br />Component 6. <br />A. Capital Fund Activities <br />Exemptions from sub-component SA: PHAs that will not participate in the Capital Fund Program may skip to <br />component SB. All other PHAs must complete SA as instructed. <br />(1) Capital Fund Program <br />a. ^ Yes ^ No Does the PHA plan to participate in the Capital Fund Program in the <br />upcoming year? If yes, complete items 12 and 1:3 of this template (Capital <br />Fund Program tables). If no, skip to 13. <br />b. ^ Yes ^ No: Does the PHA propose to use any portion of its CFP funds to repay debt <br />incurred to finance capital improvements? If so, the PHA must identify in <br />its annual and 5-year capital plans the development(s) where such <br />improvements will be made and show both how the proceeds of the <br />financing will be used and the amount of the annual payments required to <br />service the debt. (Note that separate HUD approval is required for such <br />financing activities.). <br />Page 23 of 36 form Hl1D-50075-SF (04/30/2003) <br />