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28 <br /> 4) Formalize policy for heirs' properties where there are more than one person/households <br /> listed on the deed. Staff recommends considering the 10 year occupancy requirement based on <br /> the amount of time the property has remained within the family (rather than current owners who <br /> may be heirs of a previous owner). Staff also recommends providing assistance based on the <br /> income of the household members who reside in the home rather than the income of all heirs. <br /> 5) Formalize policy for Family Trust owned properties. Staff recommends that the applicant <br /> should be a trustee for the trust. Staff also recommends providing assistance based on the <br /> income of the household members who reside in the home rather than the income of all <br /> trustees. <br /> 6) Require that the applicant provide a copy of the targeted tax bill. Staff recommends that <br /> the applicant provide the tax bill to avoid incorrect application of funds or award amounts. Staff <br /> in the Tax Office can assist the applicant with obtaining a copy as needed, and it would be the <br /> applicant's responsibility to identify the correct tax bill/property. <br /> 7) Reduce the requirement to have owned and lived in the home for 10 years to 5 years to <br /> increase access to the program. <br /> a. Mecklenburg County's HOMES program has a 3-year residency requirement and the <br /> applicant must own the property. <br /> b. Charlotte's Aging In Place program has a 5-year residency requirement and the <br /> applicant must own the property. <br /> C. Another similar County program is considering changing the 10 year requirement to 5 <br /> years. <br /> Corey Root, Housing and Community made the following presentation: <br /> Slide #1 <br /> nvoCHCD <br /> ORANGE COUNTY HOUSING&COMM UNIW DEVELOPMENT <br /> Longtime Homeowner Assistance <br /> (LHA) Program Evaluation and <br /> Recommendations <br /> May 3, 2022 <br />