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6 <br /> <br />• Strengthen the ability of state and local governments to provide housing 1 <br />• Leverage private sector participation 2 <br />Uses 3 <br />• Acquisition of real property, site improvements, & housing construction 4 <br />• Housing rehabilitation & reconstruction 5 <br />• Homeownership assistance 6 <br />• Tenant-based rental assistance 7 <br /> 8 <br />CONSOLIDATED PLAN 9 <br />• Five year planning document detailing the use of HUD grants 10 <br />o HOME: Orange County 11 <br />o CDBG: Chapel Hill 12 <br />• Three main components: Needs Assessment, Market Analysis, & Strategic Plan 13 <br />o Needs Assessment & Market Analysis look at housing, homelessness, and 14 <br />community development 15 <br />o Strategic Plan identifies priorities, sets goals, & earmarks resources 16 <br /> 17 <br />CONSOLIDATED PLAN SUMMARY 18 <br />Needs Assessment 19 <br />• Cost burden is the most common housing problem 20 <br />• Homelessness in Orange County remains stubbornly high 21 <br />• Orange County has many people with unique housing needs, such as seniors and 22 <br />people with disabilities 23 <br />Market Analysis 24 <br />• The housing market in Orange County is high-cost 25 <br />• There are some, but not enough, subsidized units 26 <br />• Orange County’s economic base lies in healthcare, education, and professional 27 <br />services, in addition to retail and service sectors that accommodate them 28 <br />• CONSOLIDATED PLAN SUMMARY 29 <br />Strategic Plan 30 <br />• Based on the Needs Assessment, Market Analysis, and community and stakeholder 31 <br />input, the Strategic Plan establishes the following priorities: 32 <br />o Housing for People Experiencing Homelessness 33 <br />o Housing for Low- and Moderate-Income Households 34 <br />o Integrated Housing for People with Service Needs 35 <br />o Community Development and Services (CDBG only) 36 <br />• Activities to address these priority needs with HOME funds include: rental construction, 37 <br />rental assistance, housing rehabilitation/preservation, home ownership construction, and 38 <br />home buyer assistance 39 <br /> 40 <br />ACTION PLAN 41 <br />• Annual “update” to Strategic Plan piece of the Consolidated Plan 42 <br />• Includes information on HOME funding awards for the year in question 43 <br />o Chapel Hill also creates a separate Action Plan for their CDBG funds 44 <br /> 45 <br />FY21 HOME PROGRAM 46 <br />• Applications for FY20-21 HOME program were due on 2/17 47 <br />• Applications are reviewed and scored by staff (Towns & County) 48 <br />• Scoring based on: 49 <br />1. Income targeting 50 <br />2. Vulnerable population(s) 51