Orange County NC Website
Market Pressure Rising as Naturally Occurring Affordable <br />Rental Housing Threatened <br />The approximate number of market rate rental units (NOAH) <br />currently affordable to households making 60%- 80% of AMI: <br />7,936. There are about 4X as many NOAH units as compared to <br />permanently Affordable housing units in Orange County. But… <br />•NOAH Units Are Aging Units <br />•NOAH Units Are at Risk <br />•NOAH Units Present an Opportunity <br /> <br />Reference: Using CoStar Data of Multifamily Developments, Removing Student Housing, Appendix <br /> <br />Providing Collective Understanding: <br />Naturally Occurring Affordable Housing