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Agenda 05-20-25; 5-b - Public Hearing on Draft HOME 2025 Annual Action Plan (AAP)
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Agenda 05-20-25; 5-b - Public Hearing on Draft HOME 2025 Annual Action Plan (AAP)
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5/20/2025
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5-b
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Agenda for May 20, 2025 BOCC Meeting
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31 <br /> return on residential investment <br /> Based on the impediments above,the Al makes the following recommendations. Details on these <br /> recommendations are explained more fully in the Al. <br /> • Seek more funds for subsidized housing. Low-and moderate-income households are <br /> disproportionately rent-burdened, and recently, rents have increased faster than wages. <br /> • Encourage development of some subsidized housing outside of Chapel Hill and Carrboro. <br /> • Educate landlords, property managers, and other housing providers about fair housing law and <br /> reasonable accommodation, especially as they pertain to persons with disabilities. <br /> • Offer educational courses on mortgage lending and building credit scores that are geared <br /> toward African American and Hispanic borrowers. <br /> • Encourage cooperation and coordination between the affordable housing advisory boards in the <br /> county. <br /> • Explore funding options for a best-practices Rapid Rehousing program to serve homeless <br /> individuals and families in Orange County. <br /> • Identify ways to protect residents of mobile home parks who may be under threat of <br /> displacement. <br /> • Consider areas to strategically up-zone to promote the development of affordable housing. <br /> Annual Action Plan 29 <br /> FY 2025-2026 <br />
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