Orange County NC Website
7 <br /> Needs Assessment <br /> Cost burden is the most common housing problem <br /> • 21%of homeowners and 43%of renters pay more than 30%of their income for housing <br /> • 40%of households with cost burden are elderly <br /> • 69%of households earning below 30%AMI are cost burdened <br /> • Within certain income groups, Hispanic and Asian households are disproportionately cost burdened, and <br /> black households are more likely to be cost-burdened than any other racial/ethnic group <br /> Homelessness in Orange County remains stubbornly high <br /> • Black households are disproportionately likely to experience homelessness (they make up 11.6%of the <br /> population as a whole and 54%of people experiencing homelessness) <br /> • The following homeless system gaps exist: (1) a best practice,fully funded rapid re-housing program; (2) <br /> income-based rental housing; (3) drop-in day center with integrated services; (4) street outreach program; <br /> (5) 24-hour bathrooms; (6) coordinated entry staff; (7) medical respite beds; (8) memorial service funding; <br /> and (9)youth host homes <br /> Orange County has many people with unique housing needs,such as the elderly and people with disabilities <br /> • Quality of life for these groups is harmed by a lack of quality, affordable housing near transit options <br /> • There is a need for ADA accessibility in public facilities and infrastructure <br /> _Market Analysis <br /> The housing market in Orange County is high-cost <br /> • A substantial proportion of housing stock was built since 2000 <br /> • Housing costs have increased 15% since the previous Consolidated Plan <br /> • Only 5%of units are affordable to households at 30%AMI <br /> There are some, but not enough, subsidized units <br /> • Public Housing: 336 units in Chapel Hill and Carrboro,targeted to households earning below 50%AMI <br /> • Housing Choice Vouchers (Section 8): 623 vouchers issued by the Orange County Housing Authority, <br /> targeting households earning below 50%AMI <br /> • Low-Income Housing Tax Credits: 11 properties in the county with 680 units; two properties (200 total <br /> units) are reserved for elderly/disabled households <br /> • HOME: 23 developments in Orange County constructed with HOME funding <br /> • Community Home Trust: 318 permanently affordable homes,targeted to households below 80%AMI <br /> • Inter-Faith Council for Social Services: 52-bed facility for men experiencing homelessness <br /> Orange County's economic base lies in healthcare,education, and professional services, in addition to retail <br /> and service sectors that accommodate them <br /> • As such,the county's workforce has high educational attainment and low unemployment <br /> • The greatest shortages of jobs are in lower-paying sectors that rely on less-trained workers <br /> • These workers are likely unable to afford the high cost of housing in Orange County <br /> Strategic Plan <br /> Based on the Needs Assessment, Market Analysis, and community and stakeholder input, the Strategic Plan <br /> establishes the following priorities: <br /> • Housing for People Experiencing Homelessness <br /> • Housing for Low-and Moderate-Income Households <br /> • Integrated Housing for People with Service Needs <br /> • Community Development and Services (CDBG only) <br /> Activities to address these priority needs will be: rental construction, rental assistance, housing <br /> rehabilitation/preservation, home ownership construction, and home buyer assistance. With CDBG funds, <br /> additional activities may be pursued: supportive and youth services, code enforcement and neighborhood <br /> revitalization, and infrastructure. <br />