Agenda - 05-03-2005-5e - Laserfiche WebLink

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i~ Five-Year Strategic Plan As a growing community, the Orange County and the Town of Chapel Hill must successfully balance a diverse array of housing and community development issues, Given the range of competing needs, the community must invest its scarce public resources wisely. Therefore, as a general principle, the Town will attempt to expend public funds in a way that leverages the commitment of private sector suppor t whenever possible. The following presentation utilizes this performance-centered approach to outline the Town's approach to housing and community development in the upcoming five years. This approach includes identifying goals, objectives and strategies; determining what resources are necessary to achieve these goals; analyzing and evaluating performance data; and using that data to drive improvements in organization, All objectives and performance indicators are based on a five- yeartime frame. Goal 1-Decent and Affordable Housing for Lower-Income Households Priorit 1.1-Low income < 80%AMI homeowners that live in substandard housin Strategies: - Continue to fund urgent repairs for qualified units - Continue to fund substanGai rehabilitation for qualifed units - Continue to incorporate handicap, wealhedzation and lead-based paint improvements into ail sub- stantial rehabilitations Output Indicators: - 25 substantially rehabilitated units (Orange CountylChapel Hiil) - 50 units with ur ent re airs Oran a Coun Pdorif 1.2- Lowincome renters <60%AMI that live in substandard housin Strategies: - Continue to fund the rehabilitation of existing rental housing units - Monitor and enforce rent and property standards for completed projects - Leverage existing Town and County resources by utilizing the federal low income tax credit, HUD Section 202 and 811, and other programs to construct new rental housing - Provide educational opportunities related to fair housing, tenant dghts, etc - Continue io dialogue with the University of North Carolina -Chapel Hill on issues that affect afford- able rental o ortunities in the area Output Indicators: - 50 additional affordable rental units (Orange County/Chapel Hill) - 201ow income renters receive HOME funded rental assistance for up io 2 years each (Orange County) - 100 units of renovated public housing (Chapel Hill) 150 units of refurbished ublic housin Cha el Hill Pdonty 1.3 -Low income (<80% AMIj homeowners that do not have indoor plumbing or adequate connections to existing public waterandsewers stems Strategies: Continue to fund the connection of lower income homeowners to existing water and sewer facilities. Continue to fund the construction of com lete indoor lumbin facilities Oul ut Indicators: - 100% of all Coun residents have ode uate indoor lumbin Oran a Coun /Cha el Hiil [9]