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Agenda - 11-01-2022; 5-b - Public Hearing on 2021 Consolidated Annual Performance Report (CAPER) for the HOME Investment Partnerships (HOME) Program
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Agenda - 11-01-2022; 5-b - Public Hearing on 2021 Consolidated Annual Performance Report (CAPER) for the HOME Investment Partnerships (HOME) Program
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BOCC
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11/1/2022
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Business
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Agenda
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5-b
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Agenda for November 1, 2022 BOCC Meeting
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37 <br /> address the County's affordable housing needs through the use of HOME funds, Low-Income Housing <br /> Tax Credits, and other State and Federal funds.The HOME Consortium funded the following projects to <br /> address the Consortium's housing needs: <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 /> Orange County's population is growing. However,the population growth is mainly in the higher income <br /> household category.This raises the value of both owner-and renter-occupied housing, and creates a <br /> shortage of decent, safe and affordable housing for low-and moderate-income households. HUD CHAS <br /> data on housing cost burden indicates that Orange County is facing an affordability crisis for lower <br /> income persons who cannot afford to live in the southern and eastern parts of the County.Targeting <br /> HOME funds to these projects will help the HOME Consortium reach the top priorities identified in the <br /> 2020-2025 Consolidated Plan of providing housing for people experiencing homelessness and providing <br /> housing for low-and moderate-income households. <br /> CAPER 35 <br /> OMB Control No:2506-0117(exp.09/30/2021) <br />
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