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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 program design changes, should <br /> the Board wish to continue the LHA program in 2023: <br /> 1) Increase baseline minimum award amount: a minimum award amount of $200 <br /> 2) Introduce a baseline maximum award amount: $1,500 — Staff believes that this is a <br /> generous award limit, as this amount is $351 more than the average full award before <br /> adding the multiplying factor ($1,149). By establishing an award cap, the County would be <br /> able to distribute more money to more people. <br /> 3) 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, here are the current limits: <br /> 1 bedroom 2 bedroom 3 bedroom 4 bedroom <br /> $363,000 $465,000 $563,000 $698,000 <br /> If implemented, applicants will indicate the number of bedrooms in the home on their <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 />