Orange County NC Website
13 <br /> 1 Based on concerns gathered during the Consolidated Plan public engagement period in winter <br /> 2 24-25, the LGAHC recommendation for the 2025-26 HOME Award is to focus spending on 1) <br /> 3 Repair and Rehabilitation programs to be managed by Orange County's repair programs, and 2) <br /> 4 Tenant-Based Rental Assistance (TBRA) to be managed by the Orange County Partnership to <br /> 5 End Homelessness (OCPEH) with its Rapid Rehousing Program. <br /> 6 <br /> 7 Based on all comments received, the 2025 Annual Action Plan will be presented at the Board's <br /> 8 June 17, 2025, Business meeting for approval. <br /> 9 <br /> 10 Blake Rosser, Housing Director, made the following presentation: <br /> 11 <br /> 12 Slide #1 <br /> HOME Public Hearings —2025 <br /> Annual Action Plan {AA].') <br /> May 20, 2025 <br /> ORANGE COUNTY <br /> N0F rrt CAROLINA <br /> 13 <br /> 14 <br /> 15 Slide #2 <br /> An AAI' based on Consolidated Ilan findings <br /> • Repair and Rehabilitation (SO f) <br /> c Home repair programs are essential to prevent displacement and maintain <br /> affordable homeownership. <br /> c Targeted fundingfor repairs,particularly for low-income and elderly <br /> homeowners,should be prioritized. <br /> • Tenant-Based Rental Assistance (50%) <br /> a Median rent increased 35.7%(from$570 to$1,316)over the same period. <br /> o Tap Unmet Need:Lack of affordable housing for LMI households—TBRA is <br /> Our Best Tool to Address 309 AM I and Below <br />