The proposal is open to anyone who can complete the form in order to allow as many projects as possible to use bond money.
“There’s a growing need around the country for affordable housing we’ve been aware of,” said Annette Moore, director for housing and community development. “We are making an aggressive push to meet our goals.”
The bond aligns with the county’s goal to reach 1,000 affordable housing units before 2020.
“Affordable housing provides options for homeless and for middle-class type of folks such as school teachers or those in the sheriff department,” said Todd McGee, community relations director for Orange County.
Currently, the income needed for a two-bedroom apartment in Orange County is $33,720. The lowest 30 percent median income of two people would be $17,000.
Proposed projects will be scored based on building design, developer experience, the practicality of the project, household income and community support.
The level of household income for people that will be living in the proposed affordable housing and whether or not organizations requesting bond money can also use their own funds are both important factors in deciding the allocation of the bond.
The town held two information sessions on Tuesday. At the workshop, there were five nonprofit companies and five developers in attendance.