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1 <br />~ ~ ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: .December 7, 1999 <br />Action Agenda <br />Item No. ~~'~ <br />SUBJECT: Long-Term Housing Affordability <br />DEPARTMENT: Housing/Comm. Development .PUBLIC HEARING: (Y/1~ No <br />ATTACHMENT(S): INFORMATION CONTACT: <br />Report Tara L. Fikes, ext 2490 <br />TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031 <br />PURPOSE: To present a report regarding long-term housing affordability strategies. <br />BACKGROUND: <br />Included. in the FY 1999-2000 Board of County Commissioners Affordable Housing Goal is a request for <br />the County Attorney and the Housing/Community Development Director to prepare a report regarding <br />long-term housing affordability. Specifically, this report would include the following items: <br />1.' Development of a process for evaluating affordable housing projects in terms of how they have <br />achieved, for past projects, long-term affordability. <br />2. Develop criteria which can be used by the County Commissioners in evaluating long term <br />affordability for new projects to include the following: <br />a. A list of outcomes for accomplishing long term affordability; <br />b. A list of outcomes expected from Community Land Trust in Orange County, Inc. and how land <br />trustsimpact long term affordability; and <br />c. An evaluation of the Housing Bond project review criteria. <br />This report has been prepared and is provided with this abstract. <br />FINANCIAL IMPACT: None. <br />RECOMMENDATION(S): The Manager recommends receiving the report as information. <br />