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28 <br /> Slide #2 <br /> Staff returningwith more info on Longtime <br /> Homeo,Amer Assistance program <br /> •Brief overview <br /> = Revised homeownership calculation <br /> estimates and methodology <br /> Revised cost estimates <br /> •Prioritization options <br /> QCHCD <br /> Slide #3 <br /> Orange County is considering options for <br /> 2022 Longtime HomeovvmerAssistance <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 /> 11-01 <br /> Corey Root noted the low application numbers and the low median award amount. She <br /> said they have worked extensively to make change to make this program more impactful. <br /> Slide #4 <br /> Pending budget approval,$250,000 available <br /> for 2022 program,some changes approved <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 /> QCHCD <br />