Agenda - 09-05-2023; 5-a - Public Hearing on 2022 Consolidated Annual Performance Report (CAPER) for the HOME Investment Partnerships (HOME) Program

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26 The latest HUD CHAS data (2014-2019) indicates that 30%of Orange County households (both renters and home owners) are cost burdened, meaning they spend more than 30%of their income on housing. Of all renters and homeowners in Orange County, about 15%are severely cost burdened, spending more than half of their income on housing. Cost burden is most prevalent among extremely low-income households earning 30%or below the area median income.Three-quarters (75%) of all very low income households are cost burdened by their housing, with 69%of these very low-income households spending over half of their income on housing. While extremely low-income households only represent 13%of all households in the county,they constitute 33%of all cost burdened households 60%of all severely cost burdened households. These statistics demonstrate the urgent and ongoing need for more affordable housing options in Orange County for low-and moderate-income households. The Orange County HOME Consortium continued to address issues of affordable housing in the County through funding the following activities in program year 2022: • HOME-22-01—Habitat for Humanity—Homebuyer Assistance • HOME-22-02 Community Empowerment Fund—Homebuyer Assistance • HOME-22-03—EmPOWERment, Inc.—Rental Acquisition • HOME-22-04 Rebuilding Together of the Triangle—Mobile Home Replacement *Only HOME Match budgeted for this project, no 2020 HOME Entitlement funds Actions taken to develop institutional structure. 91.220(k); 91.320(j) The Orange County Housing Department continued to coordinate activities among public and private agencies and organizations in the county to ensure the goals established in the latest Five Year Consolidated Plan are consistently met and addressed by more than one agency.The Housing Department continued to facilitate and coordinate the linkages between these public and private partnerships and developed new partnership opportunities. The private sector was an important collaborator in the services and programs associated with the Five- Year Consolidated Plan. The private sector brought additional resources and expertise that was used to supplement existing services or fill gaps in the system. Lenders, affordable housing developers, business and economic development organizations, and private service providers offered a variety of assistance to residents such as health care, small business assistance, home loan programs, and assisted housing, among others.The County continued to collaborate with local financial institutions, private housing developers, and local realtors. The Orange County Partnership to End Homelessness (OCPEH) has thoroughly analyzed the institutional CAPER 24 OMB Control No:2506-0117(exp.09/30/2021)