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22 <br /> Slide #2 <br /> There are several elements for HOME item <br /> HOME Overview <br /> FY22-23 HOME Funding Application <br /> Process <br /> Annual Action Plan Overview <br /> Public Hearing <br /> ORANGE COUNTY <br /> HOUSING DEPARTMENT <br /> Slide #3 <br /> Four purposes&four uses of HONM funds <br /> -Purposes <br /> Increase the supply of decent,affordable housing to law-Income <br /> households <br /> • Expand the capacity of nonprofit housing providers <br /> 5trengt#ien the ability of state and local governments to provide <br /> housing <br /> Leverage private sector participation <br /> -Uses <br /> Acquisrtion of real property, site improvements,&housing <br /> construction <br /> Housing rehabilitation&reconstruction <br /> • Homeownership assistance <br /> Tenant-based rental assistance ROUNTY <br /> HU51NG DEPARTMENT <br /> Slide #4 <br /> FY22-23 HOME application process was <br /> similar to previous years <br /> •Project applications due February 25 <br /> Applications were reviewed and scored Local Government <br /> Affordable Housing Collaborative and staff from Towns and <br /> County <br /> Scoring criteria <br /> Income targeting <br /> Vulnerable population(s) <br /> Long-term affordability <br /> Project locatron relative to services&employment <br /> Leveraging other funding <br /> Cost effectiveness <br /> Capacity to complete project <br /> •Award recommendations made by Collaborative <br />