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Action Items to Expand Affordable Housing Incentives and Opportunities <br /> Housing and Community Development Department <br /> Complexity2. Mid-Term — Intermediate <br /> Action Item Description <br /> 2.4 Pursue an affordable Pursue an Affordable Housing Bond in the next viable bond year. Orange County allocated remaining $2.5 million in 2016 Affordable <br /> housing bond in the next Housing Bond Funds to affordable housing development projects in 2020, leveraging the creation and preservation of 261 <br /> viable bond year affordable housing units. <br /> 2.5 Create a naturally Create a public-private fund to provide low cost financing for acquisition and rehabilitation of Naturally-Occurring Affordable <br /> Housing (NOAH) properties within Orange County. NOAH funds enable socially-minded developers acquire NOAH properties, make <br /> occurring affordable housing modest upgrades, remove them from the speculative housing market and preserve their affordability. Ideally, the fund would be <br /> /manufactured housing <br /> preservation fund flexible in nature, allowing for preservation of rental properties, mobile home and homeowner rehabilitation as well as flexible <br /> funds for mobile home resident displacement, and affordable housing gap financing. <br /> 2.6 Public education and <br /> There is a need to expand public outreach and engagement around County programs and existing resources in place to support, <br /> outreach re County <br /> retain, and maintain existing affordable housing stock. The Housing Helpline has connected thousands of Orange County residents <br /> programs, continued <br /> to housing services and resources and the Housing Access Coordinator has increased landlord participation in County programs. <br /> engagement with landlords <br /> However there is not sufficient staff capacity for thorough community outreach and engagement. <br /> and developers <br /> ORANGE COUNTY <br /> NC3RTH CARCJLINA <br />