Orange County NC Website
<br />Page 10 of 22 <br /> <br />6. Who will directly or indirectly benefit from your <br />project? Please be as specific as possible on the <br />characteristics of those who will benefit including, <br />gender, race, age, income level and geographic <br />location. <br /> <br />Also, what are the demographics of the area where <br />your project takes place? <br /> <br />Does your project help to address any racial <br />disparities in the location it is proposed for? <br /> <br />Please list any data sources used and show the <br />steps of any calculations. <br />Fourteen low-income households in Orange County <br />will directly benefit from this project. These families <br />will earn between 30%-80% AMI and will purchase a <br />solarized home from Habitat in the mixed-income <br />Weavers Grove community in Chapel Hill. The specific <br />buyers for the 14 homes will be selected in a <br />homebuyer application cycle closer to the point of <br />construction. Historically, the average Habitat <br />household has included 3-4 people, with both adults <br />and children benefiting from the proposed project. <br /> <br />Habitat buyers must have lived or worked in Orange <br />County for a year at the time of their application. <br />Many applicants are employed in Orange County in <br />roles that help make our community a vibrant place <br />to live— teachers, university workers, and health care <br />providers— yet cannot afford to enjoy the benefits of <br />living here because they are priced out of the housing <br />market. <br />According to U.S. Census data, Orange County’s <br />population identifies as: 68.5% White, 10.6% Black or <br />African American, 8% Hispanic and 7.8% Asian. In <br />Orange County, 67% of white households in Orange <br />County are homebuyers while less than half (44%) of <br />Black households own their home. Homeownership is <br />a critical tool for building wealth. Due to a legacy of <br />systemic racism and discriminatory housing practices, <br />Black Americans continue to face significant barriers <br />to homeownership. The racial gap in homeownership <br />is a primary driver of the wealth gap between Black <br />and white households. The median net wealth of <br />white families is 10 times greater than that of Black <br />families nationally ($171,000 vs. $17,600). As a result, <br />Black parents have dramatically less wealth, assets, <br />and economic security to pass on to their children, <br />driving economic, educational, and housing <br />disparities for the next generation. <br />(www.orangehabitat.org/raceandhousing) <br />Habitat strives to attract a diverse pool of homebuyer <br />applicants and to ensure that we are reaching <br />demographics who have been most harmed by a <br />systemic lack of access to housing. Staff conducts <br />marketing outreach to community partners and <br />organizations serving marginalized populations <br />including people of color, women, and people with <br />Docusign Envelope ID: AA482F5E-25D4-439A-862A-65CC63DF3A74