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Agenda - 03-19-2019 6-b - Approval of Proposed Changes to the Affordable Housing Bond Program
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Agenda - 03-19-2019 6-b - Approval of Proposed Changes to the Affordable Housing Bond Program
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BOCC
Date
3/19/2019
Meeting Type
Regular Meeting
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Agenda
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6-b
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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: March 19, 2019 <br /> Action Agenda <br /> Item No. 6-b <br /> SUBJECT: Approval of Proposed Changes to the Affordable Housing Bond Program <br /> DEPARTMENT: Housing and Community <br /> Development <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1) Affordable Housing Bond Projects Sherrill Hampton, Housing and <br /> Funded to Date Community Development Director, <br /> 2) Affordable Housing Program (919) 245-2490 <br /> Evaluation - Previously Revised <br /> Scoring Criteria with Newly <br /> Proposed Changes <br /> PURPOSE: To review and approve the second phase of proposed changes to the Orange <br /> County Affordable Housing Bond Program. <br /> BACKGROUND: On June 6, 2017 the Board of County Commissioners (BOCC) awarded $2.5 <br /> million in Affordable Housing Bond funds to projects that had submitted proposals through a <br /> request for proposal (RFP) process. The County received six (6) proposals from affordable <br /> housing providers. All respondents were local non-profits. One (1) of the proposals was <br /> incomplete and therefore was not scored, so five (5) of the six (6) proposals were scored using <br /> the original standard scoring criteria. <br /> Based on the scoring criteria and available funds, four (4) of the five (5) remaining projects were <br /> recommended for Affordable Housing (AH) Bond funding. One of the projects submitted by <br /> EmPOWERment (606 Bynum Street) was not recommended for funding due to non-availability <br /> of AH Bond funds in the applicable funding round. The Board of Commissioners funded this <br /> project using other affordable housing funds appropriated in the Capital Investment Plan. See <br /> Attachment 1 for an update and information on the funded projects. <br /> During discussion on June 6, 2017, the Board requested an analysis of the scoring criteria to <br /> determine why some projects scored higher than others. On September 19, 2017, County staff <br /> proposed recommended changes to the Affordable Housing Bond Scoring Criteria, which were <br /> approved by the BOCC. The approved changes and programmatic refinements are highlighted <br /> in "yellow" on Attachment 2. Note that items "underlined" on Attachment 2 are the new <br /> proposed changes outlined below. <br /> Staff is requesting approval for additional programmatic changes to ensure that identified <br /> County needs are being met, as well as to enhance the operational efficiency and optimization <br />
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