Item 6-a - Approval of the Proposed Guidelines for the New Orange County Local Rent Supplement Program (OC-LRSP) and Approval to Enter into an Agreement with Housing Authority

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5 o 3 Bedrooms— 3-6 persons At this time, given financial constraints, the Local Rent Supplement Program is unable to provide assistance to families needing larger bedroom sizes. RENTAL ASSISTANCE The amount of the monthly assistance that OCHA will pay on behalf of a family, may not exceed the difference between the rent payment standard for the unit size and thirty (30) percent of the family's monthly adjusted income. SECURITY DEPOSITS A limited number of security deposit grants will be provided to eligible applicants, subject to the availability of funds and at the sole discretion of the OCHA. Participants must document, in writing, their efforts to secure security deposit funding from other sources and demonstrate insufficient personal funds. The maximum amount of funds that may be provided for the security deposit is the equivalent of two months' contracted rent for the unit. Only the tenant (not the landlord) may apply for security deposit assistance. THE TERM OF THE RENTAL ASSISTANCE The term of the rental assistance contract may not exceed twelve (1 2) months, but may be renewed,subject to the availability of annual appropriations from Orange County or the program, and at the discretion of the OCHA. FUNDING The OCHA will make annual funding requests to Orange County for the program. POLICIES AND PROCEDURES In turn,the County will request HOME TBRA funds, as well as provide Risk Mitigation/Housing Displacement funds based on the availability of applicable program funds. The Orange County Board of County Commissioners will review and approve all policies, procedures and guidelines, as well as amendments, revisions or other changes. The Orange County Housing Authority Board of Commissioners, serves as the Board of Directors for the Housing Authority, adopts policies and procedures annually. The Orange County Board of County Commissioners will enter into an agreement with OCHA to administer the Local Rent Supplement Program on behalf of the County. OCHA cannot implement any major policy change without the review and approval of the Orange County Board of County Commissioners. The Local Rent Supplement Program adheres to the federally-funded HCV Program model, unless otherwise noted in these Guidelines. If there is a conflict between program regulations and the HCV Administrative Plan,the OC Local Rent Supplement Program regulations have precedence. In addition to evidence of eligibility required under the HCV Program, applicants must meet one of the following requirements to qualify for the Local Rent Subsidy Program: 1. Homeless Individuals