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31 <br /> 1 Slide #7 <br /> Reconanendations <br /> It Wo" C D <br /> ORANOECOUNT F HOUSING&EDUMUNITYOEYEEOPMENT <br /> 2 <br /> 3 <br /> 4 Slide #8 <br /> $233,636 remains in program fiunding <br /> -Staff from Housing,Tax office, and <br /> Finance worked with community <br /> organizations to craft program <br /> recommendations for a potential 2022 <br /> program <br /> -Thank you Justice United and Jackson Center <br /> -Seven program recommendations <br /> GCHCD <br /> s <br /> 6 <br /> 7 Slide #9 <br /> Recommendation#1: increase award <br /> amounts <br /> • Fine options that could be used together or <br /> separately <br /> Institute 5300 baseline minimum award <br /> Base award on full hill amount <br /> Create standard award amount with cap <br /> • $830,but no more than bill amount <br /> Cap tax amount based on income <br /> • No rnore than 3%of income for property taxes <br /> Award covers half of total tax hill up to <br /> $1000,61.80%AMI <br /> $1260,31a60%AMI <br /> $1500,36%AMI or below <br /> g <br /> 9 Corey Root said the standard award amount with cap of $830 represented half of the <br /> 10 average county bill. <br /> 11 <br /> 12 <br />