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39 <br /> At the May 24, 2022 Board of County Commissioners meeting, Board members asked staff to <br /> provide information to the Board on the tax values of manufactured homes in Orange County <br /> increasing versus the decrease that normally occurs. Orange County Tax Administrator Nancy <br /> Freeman has shared that, as a rule, manufactured homes are considered personal property <br /> and, like all personal property, are valued annually. Manufactured homes depreciate annually, <br /> so the value would be less each year for the same manufactured home. Most manufactured <br /> home values from 2020 to 2021 would have depreciated as well. Some manufactured homes <br /> that are considered real property likely had an increase in value due to the 2021 revaluation. In <br /> order for a manufactured home to be considered real property, both the manufactured home <br /> and the land would need to be owned by the same owner, and the home would need to be <br /> affixed on a permanent foundation, with wheels, axles, and tongue removed. The majority of <br /> manufactured homes located in a manufactured home park would be considered personal <br /> property because the resident would own the manufactured home and the park owner would <br /> own the land, so those mobile homes would be considered personal property and would be <br /> valued annually with depreciation. <br /> Corey Root made the following presentation: <br /> Slide #1 <br /> ro)C H C D <br /> ORANGECOUNTY HOUSING&COMMUNITYDEVELOPMENT <br /> County-Wide Manufactured Home Action Plan <br /> June 7,2022 <br /> Slide #2 <br /> NLANUFACTURED HOMESACTION PLAN <br /> Collaborative effort between Towns and County <br /> �3 ®n . ... <br /> Guiding Principies I _- <br /> 1. Engagement Fndings as foundation for strategies _ <br /> 1 Include a variety of strategies to fully address the I i � <br /> different issues. <br /> _. Manufactured housing Is an Important source of <br /> naturallyoccurringaffordable housing <br /> = <br /> a. The Plan Is a living document that will be updated and «�`= <br /> adapted over time <br /> ."�.. . H�: lliCHCD <br />