Browse
Search
Agenda 05-16-2023; 6-a - 2022 Longtime Homeowner Assistance (LHA) Program Evaluation
OrangeCountyNC
>
BOCC Archives
>
Agendas
>
Agendas
>
2023
>
Agenda - 05-16-2023 Business Meeting
>
Agenda 05-16-2023; 6-a - 2022 Longtime Homeowner Assistance (LHA) Program Evaluation
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/11/2023 3:59:07 PM
Creation date
5/11/2023 3:50:13 PM
Metadata
Fields
Template:
BOCC
Date
5/16/2023
Meeting Type
Business
Document Type
Agenda
Agenda Item
6-a
Document Relationships
Agenda for May 16, 2023 BOCC Meeting
(Message)
Path:
\BOCC Archives\Agendas\Agendas\2023\Agenda - 05-16-2023 Business Meeting
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
8
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
3 <br /> Racial Demographics of LHA Awardees Age Demographics of LHA Awardees <br /> 2022 2021 2022 2021 <br /> Number Percentage Number Percentage Number Percentage Number Percentage <br /> White 317 67% 41 45% ?55 74 16% 11 12% <br /> Black 99 21% 40 44% 56-60 40 8% 7 8% <br /> Asian 33 7% 1 1% 61-65 60 13% 17 19% <br /> Other 3 1% 4 4% 66-70 81 17% 17 19% <br /> Undisclosed 22 5% 5 5% 71-75 84 18% 14 15% <br /> TOTAL 474 100% 91 100% 76-80 54 11% 3 3% <br /> 81-85 37 8% 8 9% <br /> 86+ 43 9% 10 11% <br /> No data 1 0% 4 4% <br /> TOTAL 474 100% 91 100% <br /> Recommended Program Design Changes for 2023 <br /> Staff from the three participating departments offer the following proposed program design <br /> changes with the continuation of the LHA program in 2023: <br /> 1) Increase baseline minimum award amount: a minimum award amount of $200 <br /> 2) Use the HOME Investment Partnerships Program (HOME) and Housing Trust Fund (HTF) <br /> Homeownership Value Limits ("95% limits") as the maximum home value eligible for the <br /> Longtime Homeowner Assistance program. The U.S. Department of Housing and Urban <br /> Development (HUD) calculates these metrics annually, and the current limits are: <br /> 1 bedroom 2 bedroom 3 bedroom 4 bedroom <br /> $363,000 $465,000 $563,000 $698,000 <br /> If implemented, applicants would indicate the number of bedrooms in the home on the <br /> application. <br /> Assuming all other eligibility components including income are met, staff can make exceptions <br /> to these value limits for homeowners who meet one or more of these criteria: <br /> • Anyone in the home age 70 (the average life expectancy for American Indian /Alaskan <br /> Native people who are documented nationally as the racial demographic with the lowest <br /> life expectancy) or older. <br /> • Anyone in the home has a documented disability, as defined by the U.S. Department <br /> of Housing & Urban Development (HUD), "to include any (1) individual with a physical <br /> or mental impairment that substantially limits one or more major life activities; (2) <br /> individual with a record of such impairment; or (3) individual who is regarded as having <br /> such an impairment." <br /> • Homeowners with property tax increases of 50% or more from the previous year. <br />
The URL can be used to link to this page
Your browser does not support the video tag.