AHAB Meeting AGENDA and MINUTES May 14, 2024

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Orange County Affordable ORANGE COUNTY Housing HOUSING DEPARTMENT Advisory Board (AHAB) Meeting Agenda Tuesday, May 14, 2024 300 W Tryon St. Hillsborough, NC 27278 running over-budget. Our HUD representatives are quite happy wittWA&P619 r4%J� c&Rs fii levelled off on a monthly basis. Our"port-ins are climbing." Kyle clarifies: $6 million budget? Blake:Yes about$6.2 million annually. Our voucher utilization rate has increased every year since 2020, leading to a more responsible level of utilization of voucher. Lease-up times are holding steady. Program Updates: Re-funding the HCV program,will be re-funded at 118%of previous year, anticipating an increase in fair market rents. Kyle: They want you to believe that there's too much inventory, but reports suggest a massive increase in prices over the next decade. Blake: Our clients have absolutely been experiencing an increase in prices. Blake proposes a Concept: Orange County Housing Authority could match X landlord dollars for wear- and-tear repairs for long-term tenants. We've played with different uses of"Client Needs" funds: we have considered landlord subsidies, landlord referrals, and another idea was long-term tenant support through a landlord matching program. Kyle: So a landlord could be a SFH, a MFH, is there an inspection? Blake:There is an intake inspection and then annual, or if the applicant qualifies, a biannual inspection. Blake: We're also looking to select through our waitlist for the first time.This transitions assistance from those who were experiencing homelessness to those with less, but still significant, economic need. Blake shows the waitlist preferences, including Homelessness, Domestic Violence, and "Move On" referrals. Blake then discusses the importance of residency as the top "non-automatically referred" criterion.