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7 <br /> Summarize the objectives and outcomes identified in the Plan <br /> The goal of the Orange County HOME Program is to improve the quality of housing for County residents <br /> by retaining and increasing the supply of affordable housing units for both owner occupants and renters <br /> and by providing homeownership opportunities for low-and moderate-income residents. <br /> The Consolidated Plan is a five-year guide that the Orange County HOME Consortium uses to address its <br /> housing and community development initiatives. Based on the Housing Needs Assessment, Market <br /> Analysis, and community and stakeholder input received during the Consolidated Planning process,the <br /> Strategic Plan portion of the Plan establishes the following priorities: <br /> • Housing for People Experiencing Homelessness; <br /> • Housing for Low-and Moderate-Income Households; <br /> • Integrated Housing for People with Special Needs; and <br /> • Community/Economic Development and Services. <br /> During FY 2023-2024 HOME Program Year,the County proposes to address the following priority need <br /> categories identified in the 2020 Consolidated Plan: <br /> • Housing for People Experiencing Homelessness; and <br /> • Housing for Low-and Moderate-Income Households. <br /> Evaluation of past performance <br /> Orange County has a good performance record with HUD and the County regularly meets the <br /> performance standards established by HUD.The County prepares a Consolidated Annual Performance <br /> and Evaluation Report (CAPER) each year.Typically, this report is submitted within ninety(90) days after <br /> the start of the new program year. An electronic copy of the CAPER is available for review at the Orange <br /> County Housing and Community Development Department website www.orangecountync.gov/Housing. <br /> Hard copies are available upon request. <br /> The FY 2021-2022 CAPER (submitted in 2022), the second CAPER for the FY 2020-2025 Five Year <br /> Consolidated Plan, indicates that in program year 2021,the County expended $162,980.40 in HOME <br /> funds and $54,326.80 in local Match funds (a total of$217,307.20 in expenditures).These funds <br /> included FY 2021 administrative funds, as well as funds from prior years (FY 2019, 2018, and 2016). <br /> Funds spent in FY 2021 were used to: <br /> • Administer the HOME grant ($37,476.10 in FY 2021 funds); <br /> • Provided homeownership assistance to 6 low-income homebuyers ($161,000.00 in FY 2018, <br /> 2019 and 2020 funds); <br /> • Acquire one (1) unit to be preserved as affordable rental housing ($40,839.00 in FY 2017 funds); <br /> • Provide tenant-based rental assistance to 20 low-income renter households ($106,550 in FY <br /> 2016 funds, $4,563.00 in FY 2018 funds); <br /> The HOME Consortium strives to operate its HOME program in a timely manner and in accordance with <br /> applicable regulations and match requirements. <br /> Annual Action Plan 3 <br /> FY 2023-2024 <br />