Orange County NC Website
9 <br /> Slide #2 <br /> OMTRPOSE: To consider adoption1on mvarding fijnds <br /> Tovesunenthrequest <br /> 'posWs (RFP) <br /> h pnxxss bused on the <br /> funding ■ <br /> the Affordable Housing Advisory Board <br /> COUNTY <br /> HOUSING DEPARTMENT <br /> Slide #3 <br /> Affordable Housing Request for Proposal <br /> • The FY2023-24)33 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 FY2029-30. <br /> • A total of $15 million for affordable housing development will be <br /> allocated over the ten-year plan. <br /> • The Request for Proposal (RFP) released on July 26, 2023, included <br /> FY2023-24 CIP Affordable Housing funds of $5 million with an <br /> additional $700,000 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 /> ORANGE COUNTY <br /> HOUSING DEPARTMENT <br />