Orange County NC Website
18 <br /> 1 said the credit was expanded so it is possible to build subsidized housing for people at 60% of <br /> 2 AMI. He said if the zoning doesn't allow those properties to be built then you can have any low- <br /> 3 income housing tax credit projects. <br /> 4 <br /> 5 Slide #30 <br /> HOUSING IN ORANGE COUNTY <br /> Public Subsidies Are Essential to Meet the Low <br /> End of the Market <br /> Share of renters with extremely low incomes and severe cost burdens, <br /> 2022 For the lowest-income renters, <br /> •Metro areas with low housing values'- Metro areas with middle and high housing values regions with limited housing <br /> construction but more public <br /> 90% Ml s housing subsidies had less <br /> �°° • housing cost burden than those <br /> � •Mieml <br /> UO% Angeles <br /> regions with high housing <br /> • • � Nex Yak • <br /> 70% •�' . '�k�°°°' construction and fewer housing <br /> • B_°° subsidies. <br /> 60% <br /> 50% <br /> 20 30 40 50 60 70 <br /> HUD-supported housing units per 100 extremely low-income renters, <br /> 2022 <br /> U Q B A N• 1 N f T 1 T 11 T I • Source:US Census 2000 and 2022;ACS 2020-24;US Department of Housing and Urban Development(HUD). 30 <br /> 6 <br /> 7 <br /> 8 Slide#31 <br /> What is the Link Between • . <br /> Design, • and <br /> Transportation? <br /> 9 <br /> 10 <br />