Orange County NC Website
May 6, 2008 Draft Comprehensive Plan ,~, <br />Planning Board's Table of Proposed Revisions Minus Line Items Revised by BOCC ~ <br />(Line items revised by the BOCC have been noted where applicable) <br /> m <br />w. Q <br />c ~ <br /> PB Proposed Revision ° w ~ _ <br /> (Chapter breaks and new objectives are shaded) ~ a y ° <br /> a <br />~ <br /> ~ <br />E a~ <br />c °~ v <br />'L O 3 °~ <br />0 0 <br />°~' o°. ~ Oma Dm <br /> Add the following: The Affordable Housing Bond Program uses bond funds <br /> to create deferred and direct loans, which encourage homeownership. In <br /> 2001 Orange County voters approved a $4.0 million dollar Affordable <br /> Housing Bond referendum. A wide range of projects are eligible for bond <br /> fundin includin homeownershi and rental housin ro'ects as well as land <br />2) 4-2 30 BOCC 7/9/2008 <br /> acquisition projects. Mixed-tenant housing and production of non-traditional <br /> housing types -- such as duplexes and single room occupancy (SRO) units <br /> are also encouraged. Project proformas are reviewed to insure the financial <br /> feasibility of proposals and to recommend specific rates and terms to the <br /> Board of County Commissioners. <br /> Add as a bullet point: According to the U.S. Department of Housing and <br />3) 4-5 30-31 Urban Development in FY 2008, the median income for families in Orange PB 9/10/2008 <br /> County was $62,100. <br /> In 2000, married families (which includes married couples without children) <br /> had a median income of $59 874 <br />4) 4-5 31 e#-$~5. Male single-parent households had a median income of BOCC 9/10/2008 <br /> $32,634, and female single-parent households had a median family income <br /> of $24,705. <br />11/06/08 All comments from the May and August Public Hearings were considered by the Planning Board during its review process. 6 of 32 <br />