WORKING TOGETHER TO HOUSE ORANGE COUNTY OCCOG General

WORKING TOGETHER TO HOUSE ORANGE COUNTY . OCCOG General Assembly March 16, 2017

MISSION & PHILOSOPHY National Community Renaissance (National CORE) A national nonprofit affordable housing development corporation dedicated to building and managing high quality, affordable housing paired with best-practice social service programs

CAPACITY & EXPERIENCE • Total Residents: 27, 000+ • Approx. 9, 000 Units in California, Texas, Arkansas, Florida • Nation’s 4 th Largest Non-Profit Affordable Housing Developer • Full Service Organization o o o o Acquisitions Project Development Construction Property Management Compliance Asset Management Social Services

NATIONAL CORE’S THEORY OF CHANGE

HOW DO WE MEET THE NEEDS OF LOW-INCOME HOUSEHOLDS? • PLAN APPROPRIATELY: Housing Element of the General Plan, density bonus, inclusionary zoning • LAND CONTRIBUTIONS: vacant land, abandoned properties, underutilized sites, adaptive reuse • PERMITTING CONCESSIONS: expedited process, waivers, reduce and/or defer fees

HOW DO WE MEET THE NEEDS OF LOW-INCOME HOUSEHOLDS? • FINANCIAL INVESTMENTS: Remaining RDA, CDBG funds, HOME funds, Bonds, Sales tax setasides, special needs $, tax credit program (LIHTC) • COLLABORATION: Health Care, School Districts, Faith-based organizations, Transportation partnerships

THANK YOU ALEXA WASHBURN VICE PRESIDENT OF PLANNING & POLICY awashburn@nationalcore. org 949. 394. 7996

SUBSIDIZED HOUSING DEFINITIONS

SUBSIDIZED HOUSING DEFINITIONS