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Presenters point to Westchester and others for acquisition, implementation and HOME program tools
Summary
The briefing cited programs used in Westchester County and other nearby counties, including land acquisition, implementation funds for infrastructure and permitting, and HOME program assistance for construction and rental help.
Presenters referenced several funding programs and tools used in neighboring counties as models Orange County could consider. Examples included a New Homes Land Acquisition Program to acquire land for housing development, a Housing Implementation Fund to help with infrastructure and permitting costs, and the HOME Investment Partnerships Program to support affordable housing construction, preservation, rehabilitation, and rental assistance.
They also cautioned that preserving existing affordable housing and rehabilitating occupied developments present additional costs such as relocation assistance. Presenters suggested leveraging regional partnerships and state and federal funding opportunities to stretch local resources.
