Orange County NC Website
Browse       Search
31 <br /> and home owners) are cost burdened, meaning they spend more than 30%of their income on housing. <br /> Of all renters and homeowners in Orange County, about 15%are severely cost burdened, spending <br /> more than half of their income on housing. Cost burden is most prevalent among extremely low-income <br /> households earning 30%or below the area median income.Three-quarters (75%) of all very low income <br /> households are cost burdened by their housing, with 69%of these very low-income households <br /> spending over half of their income on housing. While extremely low-income households only represent <br /> 13%of all households in the county,they constitute 33% of all cost burdened households 60%of all <br /> severely cost burdened households.These statistics demonstrate the urgent and ongoing need for more <br /> affordable housing options in Orange County for low-and moderate-income households. <br /> The Orange County HOME Consortium continued to address issues of affordable housing in the County <br /> through funding the following activities in program year 2021: <br /> • HOME-21-01—EmPOWERment— Rental Acquisition <br /> • HOME-21-02—Habitat for Humanity—Homeownership Assistance <br /> • HOME-21-03—Pee Wee Homes— Rental Construction <br /> *Only HOME Match budgeted for this project, no 2020 HOME Entitlement funds <br /> Actions taken to develop institutional structure. 91.220(k); 91.320(j) <br /> The Orange County Housing Department continued to coordinate activities among public and private <br /> agencies and organizations in the county to ensure the goals established in the latest Five Year <br /> Consolidated Plan are consistently met and addressed by more than one agency.The Housing <br /> Department continued to facilitate and coordinate the linkages between these publics �A private <br /> partnerships and developed new partnership opportunities. <br /> The private sector was an important collaborator in the services and programs associated with the Five <br /> Year Consolidated Plan.The private sector brought additional resources and expertise that was used to <br /> supplement existing services or fill gaps in the system. Lenders, affordable housing developers, business <br /> and economic development organizations, and private service providers offered a variety of assistance <br /> to residents such as health care, small business assistance, home loan programs, and assisted housing, <br /> among others.The County continued to collaborate with local financial institutions, private housing <br /> developers, and local realtors. <br /> The Orange County Partnership to End Homelessness (OCPEH) has thoroughly analyzed the institutional <br /> structure and service delivery system, identified fourteen gaps in the system, and calculated the costs of <br /> filling those gaps. OCPEH has either identified existing programs and partners, or worked to set up the <br /> CAPER 29 <br /> OMB Control No:2506-0117(exp.09/30/2021) <br />