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May 6, 2008 Draft Comprehensive Plan <br />Table of BOCC Accepted Planning Board Revisions <br />(Line items revised by the BOCC have been noted where applicable) <br /> ~ J C ~ <br /> PB Proposed Revision ° w ~ c <br /> (Chapter breaks and new objectives are shaded) ~ <br />~ <br />m a <br /> o <br />. ~ <br /> <br /> <br />~ <br />c v <br />U ._ <br />.~ U ~- <br />° -c <br /> <br />~ <br />*; a J Oma om <br /> <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 /> Housinq Bond referendum A wide range of projects are eligible for bond <br /> fundin includin homeownershi and rental housin ro'ects as well as land BOCC 7/9/2008 <br />2) 4-2 30 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 Housinq and <br />3) 4-5 30-31 Urban Development in FY 2008 the median income for families in Orange PB 9/10/2008 <br /> <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 />0 <br />11/18/08 All comments from the May and August Public Hearings were considered by the Planning Board during its review process. 6 of 32 <br />