Orange County NC Website
15 <br /> Slide #1 <br /> to), 'C H C D <br /> ORANGE COUNTY HOUSING&COMMUNITY DEVELOPMENT <br /> Longtime Homeowner Assistance <br /> (LHA) Further Information <br /> May 24,2022 <br /> Slide #2 <br /> Orange County is considering options for <br /> 2022 Longtime Homem nerAssistance <br /> •program piloted in 2021 to cover increases in <br /> County portion of property tax <br /> •2021 pilot program <br /> •91 eligible applications <br /> •$97 median award amount <br /> •Staff have worked with community partners to <br /> propose program changes for 2022 <br /> nCHM <br /> Slide #3 <br /> BQCC approved changes for$233,636 in <br /> remaining program funds on May 3,2022 <br /> •Adjust program operation dates to August 1- <br /> December 1, 2022 <br /> •Include informational insert with tax assistance <br /> application packet to increase awareness about LHA <br /> -Formalized LHA policy for heirs' properties <br /> •Formalized policy for Family Trust owned properties <br /> -Require applicant provide copy of targeted tax bill <br /> -Reduce the requirement to have owned and lived in <br /> the home from 10 years to 5 years to increase access <br /> to the program <br /> QCHC❑ <br />