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13 <br /> 1 o Intended to Serve as a More Flexible Alternative to Federal Housing Choice <br /> 2 Voucher <br /> 3 o However; Initial Program Rules Rules Still Limited Accessibility of Funds <br /> 4 o Barriers are the Same in Unit Availability and Suitability for the Voucher Holder <br /> 5 o Originally Intended to Serve 15 Families <br /> 6 o One Individual Served to Date and Can be Moved to the Traditional HCV <br /> 7 Program <br /> 8 o Demand Increasing for Displacement Mitigation and Housing Stabilization due to <br /> 9 COVID-19 Job Losses <br /> 10 <br /> 11 Housing Stabilization Program <br /> 12 • Overall Strategy <br /> 13 o Maintain Current Housing as a Bridge to Other Benefits (Unemployment or HCV) <br /> 14 or Other Alternatives <br /> 15 • Eligible Residents <br /> 16 o Residents Earning up to 80% Area Median Income <br /> 17 ■ For a Family of Four = Up to $67,850 Annually <br /> 18 o Priority Given to Residents Earning Below 60% Area Median Income <br /> 19 ■ For a Family of Four = $50,880 <br /> 20 • Eligible Uses <br /> 21 o Rent Assistance <br /> 22 o Temporary Hotel Stays <br /> 23 o Security Deposits <br /> 24 o 1st month's Rent <br /> 25 o Moving Expenses <br /> 26 <br /> 27 Housing Stabilization Program <br /> 28 • Limitations <br /> 29 o Maximum Assistance of$2,000 per Occurrence <br /> 30 o Intended for One Time Use <br /> 31 o Subsequent Requests Receive Additional Case Work to Determine and Address <br /> 32 Systemic Challenges <br /> 33 • Housing Helpline (Coordinated Entry) <br /> 34 o Applications Screened by Coordinated Entry Staff Person <br /> 35 o Recommend Assistance that Best Meets Needs <br /> 36 • Housing Authority Approved Transfer from the Local Rent Supplement Program to the <br /> 37 Displacement Mitigation Fund <br /> 38 <br /> 39 Travis Myren said a question was raised about an "asset test", where staff would ask <br /> 40 about one's assets other than cash. He said that is not a bad idea for this type of program, and <br /> 41 staff will figure out from its partners what that would look like. <br /> 42 <br /> 43 Housing Stabilization Program <br /> 44 Manager's Recommendation <br /> 45 o Approve Budget Amendment#7-A for the Transfer of$100,000 from the Orange <br /> 46 County Rent Supplement Program (Local Voucher Program) to the Housing <br /> 47 Stabilization and Displacement Mitigation Program <br /> 48 <br /> 49 Commissioner Bedford asked if there is a process by which one can apply for these <br /> 50 funds, and if there is a contact number. <br />