Agenda - 04-07-20; 6-d - Approval of Budget Amendment #7-A for the Transfer of Funds from the Orange County Local Rent Supplement Program to the Risk Mitigation and Housing Displacement Fund

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15 16 1 between annual re-examination, the PHA will 2 process an interim re-examination. 3 4 The family is required to report all changes in 5 household composition and/or income to the OCHA 6 within 10 calendar days of the occurrence. 7 8 RENTAL INCREASES Landlords may submit a request for a rent increase every other 9 year and approval is based on availability of funding and rent 10 reasonableness for the tenant. 11 12 TERMINATION OF ASSISTANCE AND TENANCY The OCHA is required to terminate a 13 family's assistance if certain 14 program rules are violated. 15 16 For other types of offense, the 17 OHCA has the discretion to either 18 terminate the family's assistance or 19 to take another action. All 20 participants must adhere to Section 21 8 Housing Choice Family 22 Obligations and Informal 23 Reviews/Hearings process. 24 25 Chair ❑orosin clarified that this initial proposal anticipates 15 vouchers. 26 Sherrill Hampton said yes, and that is a slight increase from last year. She said HOME 27 funds are being leveraged here, and risk mitigation funds could be used if necessary. 28 Commissioner Price referred to the eligible subsidy costs, and the 5/5/5 breakdown, and 29 asked if that breakdown is based on actual need, and what would happen if the number of 30 applications varies. 31 Sherrill Hampton said selection of the tenants is based on a preference rating, and there 32 is some flexibility and it depends on the first round of persons selected and deemed eligible 33 under the preferences. 34 Travis Myren said the number of vouchers is dictated by the amount of money available. 35 He said very low income residents are being targeted, thus assuming a 100% subsidy. He said 36 the County could choose to target people at 60% of the average median income, which would 37 allow more people to be served, but would be people with less need. 38 Sherrill Hampton referred to rental assistance (page 2), and said the monthly assistance 39 is dependent on a family's income, and no family will pay more than 30% of their monthly- 40 adjusted income. She said there is flexibility with this, and the term of the rental assistance is 41 for one year. She said families would be recertified on an annual basis, as is consistent with the 42 federally funding housing choice voucher program. 43 Commissioner Price asked if there is a process in place for the security deposit when a 44 renter moves out of the County prior to the 12-month time period. 45 Sherrill Hampton said the deposit would come back to them. 46 Javon Holley explained the residency eligibility policy on page 3 of the PowerPoint 47 presentation, as well as the application process. 48 Sherrill Hampton said a limited time window for applying was chosen because there are 49 a limited number of vouchers: only 15. She said staff wanted to manage the number of 50 applications, and thus shorten the period for applications. She said the processing of 51 applications is labor intensive.