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7 <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 /> 2 81-85 37 8% 8 9% <br /> 3 86+ 43 9% 10 11% <br /> 4 No <br /> 5 data 1 0% 4 4% <br /> 6 <br /> 7 TOTAL 474 100% 91 100% <br /> 8 <br /> 9 Recommended Program Design Changes for 2023 <br /> 10 Staff from the three participating departments offer the following program design changes, should <br /> 11 the Board wish to continue the LHA program in 2023: <br /> 12 <br /> 13 1) Increase baseline minimum award amount: a minimum award amount of$200 <br /> 14 2) Introduce a baseline maximum award amount: $1,500 — Staff believes that this is a <br /> 15 generous award limit, as this amount is $351 more than the average full award before <br /> 16 adding the multiplying factor($1,149). By establishing an award cap, the County would be <br /> 17 able to distribute more money to more people. <br /> 18 3) Use the HOME Investment Partnerships Program (HOME) and Housing Trust Fund (HTF) <br /> 19 Homeownership Value Limits ("95% limits") as the maximum home value eligible for the <br /> 20 Longtime Homeowner Assistance program. The U.S. Department of Housing and Urban <br /> 21 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 /> 22 If implemented, applicants will indicate the number of bedrooms in the home on their <br /> 23 application. <br /> 24 <br /> 25 Assuming all other eligibility components including income are met, staff can make exceptions <br /> 26 to these value limits for homeowners who meet one or more of these criteria: <br /> 27 • Anyone in the home age 70 (the average life expectancy for American Indian /Alaskan <br /> 28 Native people who are documented nationally as the racial demographic with the <br /> 29 lowest life expectancy) or older <br /> 30 • Anyone in the home has a documented disability, as defined by the U.S. Department <br /> 31 of Housing & Urban Development (HUD), "to include any (1) individual with a physical <br />