Orange County NC Website
25 <br /> FFY 2019 Annual Action Plan Orange County HOME Consortium <br /> 2. Summarize the objectives and outcomes identified in the Plan <br /> This could be a restatement of items or a table listed elsewhere in the plan or a reference to <br /> another location. It may also contain any essential items from the housing and homeless needs <br /> assessment, the housing market analysis or the strategic plan. <br /> The goal of the Orange County HOME Program is to improve the quality of housing for County <br /> residents by retaining and increasing the supply of affordable housing units for both owner <br /> occupants and renters and by providing homeownership opportunities for low- and moderate- <br /> income residents. During the FFY 2019 HOME Program Year,the County proposes to address the <br /> following priority need categories identified in its Five Year Consolidated Plan: <br /> Housing Priority- <br /> There is a need to improve the quality of the housing stock in,thie County by increasing the amount <br /> of decent,safe,sound, and accessible housing for homeowners, renters, and homebuyers that is <br /> affordable to low-and moderate-income persons and families. <br /> F ' <br /> Goals/Strategies: <br /> • HS-4 Home Ownership - Assist I.ow- and moderate-income households to become <br /> homeowners by providing down payment assistance,closing cost assistance,and housing <br /> counseling training including Section 8 Housing Choice Voucher holders. <br /> • HS-6 Permanent Housing -'Support.the development of permanent affordable housing <br /> options for young.�adults and other single individuals starting careers and families with <br /> members in modesf�paying professional careers (such as teachers, service works, and <br /> medical assistants), including creating and non-traditional affordable housing options in <br /> design,(amenities,size;.ani dcost)and that provides for more affordable units and an asset <br /> in communities. <br /> r: <br /> Homeless Priority— <br /> There is a need for housing and support services for homeless persons, and persons who are at <br /> risk of becoming homeless. <br /> Goals/Strategies: <br /> • HO-3 Prevention and Housing—Continue to supportthe prevention of homelessness and <br /> programs for rapid rehousing. <br /> To meet the need of affordable rental assistance the Orange County HOME Consortium is funding <br /> a Tenant-Based Rental Assistance (TBRA) program. These funds will be used for rental subsidies <br /> to help individual households afford housing costs such as rent, security deposits, and utility <br /> OMB Control No:2506-0117(exp.06/30/2019) 17 <br />