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Agenda - 12-10-2024; 5-a - Public Hearing for 2025-2029 Consolidated Plan for Housing and Community Development Needs
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Agenda - 12-10-2024; 5-a - Public Hearing for 2025-2029 Consolidated Plan for Housing and Community Development Needs
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BOCC
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12/10/2024
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Agenda
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5-a
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34 <br /> either residing in shelters or becoming unsheltered 91.205(c)/91.305(c)). Also discuss the <br /> needs of formerly homeless families and individuals who are receiving rapid re-housing <br /> assistance and are nearing the termination of that assistance <br /> The Orange County Partnership to End Homelessness (OCPEH) does not collect this data specific to <br /> Orange County's Continuum of Care (CoC). Orange County has seen success in implementing a homeless <br /> diversion program, and are currently diverting 25% of households presenting for a shelter bed using a <br /> mix of strengths-based guided conversation plus flexible funding. <br /> If a jurisdiction provides estimates of the at-risk population(s), it should also include a <br /> description of the operational definition of the at-risk group and the methodology used to <br /> generate the estimates: <br /> OCPEH has not developed a CoC-specific definition of an "at-risk group". <br /> Specify particular housing characteristics that have been linked with instability and an <br /> increased risk of homelessness <br /> There is a great need for affordable housing units, particularly income-based rental units, which are <br /> another of the current gaps in the homeless service system. <br /> Discussion <br /> The data above clearly show that Orange County's greatest housing challenge is the high cost of housing <br /> (and related lack of housing affordability) for extremely and very low-income households—those <br /> earning under 30% and between 30-50%of Area Median Income (AMI), respectively. While extremely <br /> low-income households only represent 15%of all households in the county, they constitute 44% of all <br /> households paying over 30%of their income toward rent/mortgage and 66%of all households paying <br /> over 50%of their income toward rent/mortgage. In fact, over two-thirds (69%) of all extremely low- <br /> income households pay over half of their income toward housing costs. <br /> Similarly,very low-income households (those earning between 30-50%AMI) are also disproportionately <br /> cost-burdened. Sixty-nine percent of these households pay over 30%of their incomes toward housing <br /> costs, with over a third of them (35%) paying over half of their incomes toward housing costs. <br /> FFY 2020–2024 Orange County, NC HOME Consortium 31 <br /> Consolidated Plan <br /> OMB Control No:2506-0117(exp.06/30/2018) <br />
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