Orange County NC Website
6 <br /> Summarize the objectives and outcomes identified in the Plan <br /> This could be a restatement of items or a table listed elsewhere in the plan or a reference to <br /> another location. It may also contain any essential items from the housing and homeless needs <br /> assessment, the housing market analysis or the strategic plan. <br /> The goals of Orange County's HOME Program are to retain and increase the supply of affordable housing <br /> units for both owner occupants and renters. Additionally, the program aims to assist low-income <br /> individuals and families through rental assistance programming. <br /> The Consolidated Plan is a five-year guide that the Orange County HOME Consortium uses to address its <br /> housing and community development initiatives. Based on the Housing Needs Assessment, Market <br /> Analysis, and community and stakeholder input received during the Consolidated Planning process,the <br /> Strategic Plan portion of the Plan establishes the following priorities: <br /> • Expand Affordable Rental Housing for Individuals Experiencing Homelessness, as well as Very- <br /> Low, Low-and Moderate-Income Households (Tenant-Based Rental Assistance, Repair and <br /> Rehabilitation) <br /> • Preserve, Rehabilitate, and Expand Existing Affordable Housing Stock to Prevent Displacement <br /> (Tenant-Based Rental Assistance, Repair and Rehabilitation, Acquisition or Construction of <br /> Affordable Housing) <br /> • Increase Permanent Supportive Housing and Housing for Special Needs Populations (Tenant- <br /> Based Rental Assistance,Acquisition/Development) <br /> During FY 2025-2026 HOME Program Year, the County proposes to address the following priority need <br /> categories identified in the 2025 Consolidated Plan: <br /> • Expand Affordable Rental Housing for Low-Income Households (Tenant-Based Rental Assistance) <br /> • Preserve and Rehabilitate Existing Affordable Housing Stock to Prevent Displacement (Repair <br /> and Rehabilitation) <br /> Evaluation of past performance <br /> This is an evaluation of past performance that helped lead the grantee to choose its goals or <br /> projects. <br /> The HOME Consortium strives to operate its HOME program in a timely manner and in accordance with <br /> applicable regulations and match requirements. Orange County regularly works with HUD <br /> representatives and technical assistance to improve outcomes for residents and ensure compliance. <br /> The County prepares a Consolidated Annual Performance and Evaluation Report (CAPER) each year. <br /> Typically,this report is submitted within ninety(90) days after the start of the new program year. An <br /> electronic copy of the CAPER is available for review at the Orange County Housing and Community <br /> Development Department website www.orangecountVnc.gov/Housing. Hard copies are available upon <br /> request. <br /> Annual Action Plan 4 <br /> FY 2025-2026 <br />