Orange County NC Website
29 <br /> Slide #5 <br /> Homeownership <br /> Methodology <br /> Slide #6 <br /> Staff found better source of <br /> homeov nership by income data <br /> -Comprehensive Housing Affordability <br /> Strategy (CHAS) data <br /> • https:JJwww.huduser.gov}porta1/datasets/q htmI <br /> • Slightly different cut offs of 50% AM instead of 60% <br /> AMI—staff used these interchangeably <br /> I�.yM,l�i.l.for 4r�S�iii•.vrrih S•rhr. <br /> x.-r x.Lrr•n:a•n9mx 5[S <br /> Slide #7 <br /> Staff used Tax Office numbers of 5-and 10-year <br /> homer xvners-,N ith%of hameov.,nership <br /> •Owner-occupied residential properties in OC <br /> •Owned for 10+years 9,704 <br /> •Owned for 5+ years 20,009 <br /> year owner- <br /> hornPGVMa <br /> 4vor00%AN 24,215 74% 141M 7,221 <br /> 61.80%AM1 4,125 IS% 2,636 1,230 <br /> 31-50%AM1 2.115 15% 1.301 631 <br /> 39%AMI and under 2.080 6% 1.279 620 <br /> TOTAL In OC 32,540 100% 20,008 9,703 <br /> TOTAL 80%AN and <br /> below 8,320 26% 5.116 2,481 <br />