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6 <br /> <br />• Acquisition of real property, site improvements, & housing construction <br />• Housing rehabilitation & reconstruction <br />• Homeownership assistance <br />• Tenant-based rental assistance <br /> <br />CONSOLIDATED PLAN <br />• Five year planning document detailing the use of HUD grants <br />o HOME: Orange County <br />o CDBG: Chapel Hill <br />• Three main components: Needs Assessment, Market Analysis, & Strategic Plan <br />o Needs Assessment & Market Analysis look at housing, homelessness, and <br />community development <br />o Strategic Plan identifies priorities, sets goals, & earmarks resources <br /> <br />CONSOLIDATED PLAN SUMMARY <br />Needs Assessment <br />• Cost burden is the most common housing problem <br />• Homelessness in Orange County remains stubbornly high <br />• Orange County has many people with unique housing needs, such as seniors and <br />people with disabilities <br />Market Analysis <br />• The housing market in Orange County is high-cost <br />• There are some, but not enough, subsidized units <br />• Orange County’s economic base lies in healthcare, education, and professional <br />services, in addition to retail and service sectors that accommodate them <br />• CONSOLIDATED PLAN SUMMARY <br />Strategic Plan <br />• Based on the Needs Assessment, Market Analysis, and community and stakeholder <br />input, the Strategic Plan establishes the following priorities: <br />o Housing for People Experiencing Homelessness <br />o Housing for Low- and Moderate-Income Households <br />o Integrated Housing for People with Service Needs <br />o Community Development and Services (CDBG only) <br />• Activities to address these priority needs with HOME funds include: rental construction, <br />rental assistance, housing rehabilitation/preservation, home ownership construction, and <br />home buyer assistance <br /> <br />ACTION PLAN <br />• Annual “update” to Strategic Plan piece of the Consolidated Plan <br />• Includes information on HOME funding awards for the year in question <br />o Chapel Hill also creates a separate Action Plan for their CDBG funds <br /> <br />FY21 HOME PROGRAM <br />• Applications for FY20-21 HOME program were due on 2/17 <br />• Applications are reviewed and scored by staff (Towns & County) <br />• Scoring based on: <br />1. Income targeting <br />2. Vulnerable population(s) <br />3. Long-term affordability <br />4. Project location relative to services & employment <br />5. Leveraging other funding