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8 <br /> <br />Slide #10 1 <br /> 2 <br /> Tom Altieri said Orange County is expected to grow less than neighboring counties and is 3 <br />expected to grow the least between 2024-2029. 4 <br /> Commissioner McKee asked for the rationale for this projection. He said he would expect 5 <br />growth to be higher because of the proximity to Wake County. 6 <br /> Vice-Chair Hamilton stressed the importance of understanding the data's underlying 7 <br />assumptions, as the projected figures directly impact strategic planning and resource allocation. 8 <br />She said these projections are crucial for informing future decision-making processes and 9 <br />developmental policies within the county. 10 <br /> Chair Bedford said staff can follow up with some information about the assumptions 11 <br />behind the data. 12 <br /> Commissioner Carter said she read up on Mr. Bowen, whose company is the author of 13 <br />this report. For context of where the data is coming from, she read a couple of sentences from 14 <br />the beginning of the report: “The housing supply gap analysis includes housing supply gaps for a 15 <br />five-year period, 2024 to 2029, for each of North Carolina's 100 counties. These estimates rely 16 <br />heavily on a variety of published secondary sources, including the US Census, American 17 <br />Community Survey, National Demographer, ESRI, and Realtor.com. This analysis also involves 18 <br />an inventory of surveyed multifamily rental alternatives, a detailed accounting of homes available 19 <br />to purchase, and an evaluation of residential building permit activity.” 20 <br /> Chair Bedford said that information provides helpful context for the data. 21 <br /> 22 <br /> 23