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Agenda 02-20-24; 8-a - Minutes
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Agenda 02-20-24; 8-a - Minutes
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2/15/2024 11:20:50 AM
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BOCC
Date
2/20/2024
Meeting Type
Business
Document Type
Agenda
Agenda Item
8-a
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Agenda for February 20, 2024 BOCC Meeting
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9 <br /> 1 Slide #2 <br /> CapitalPURPOSE. To consider-Adoption of a resolution awarding funds fix the <br /> FV 2023-24 1 Plan (CM <br /> ■ Housingrequest <br /> propos-As (RM process basedon thelfunding1 1 1 <br /> the AffortUble Housing Advisory i. r <br /> ORANGE COUNTY <br /> + ► HOUSING DEPARTMENT <br /> 2 <br /> 3 <br /> 4 Slide #3 <br /> Affordable Housing bequest for Proposal <br /> • The FY2023-2033 .adopted Capital Investment Plan (CIP) includes $5 <br /> million for Affordable Housing development in each of the fiscal years <br /> FY2023-24, FY2026-27 and MM-30. <br /> • A total of $15 million for affordable housing development will be <br /> allocated over the ten-year plan. <br /> • The Bequest for Proposal (IFP) released on July 26,2023, included. <br /> FY2023-24 CIP Affordable Housing funds of $5 million with an <br /> additional $700,0D0 of remaining bond funds from 2016. <br /> • At the June 20,2023, BQCC Business meeting the BOCC declared eleven <br /> (11)parcels of County-owned land as surplus for affordable housing <br /> which were included in the RFP <br /> nORANGECOUNTY <br /> HOUSING DEPARTMENT <br /> 5 <br /> 6 <br /> 7 <br />
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