Agenda Packet_2023-02-07 - Laserfiche WebLink

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Quarterly Report for Housing Choice Voucher Program February 7, 2023 Page 3 Chart 5 depicts participants by percentage of Orange County median income. As of December 31, 2022, the County's median income is $119,100 per year for a family of four. Approximately 90% of families on the program earn less than 30% of the median income, which is $40,650 per year for a family of four (4). 5. Income as Percentage of Median Below 5C'.; Meat: 9% Below 80% of Median 1% low 3096 Median 90% Participants' incomes come from a variety of sources, as illustrated in Chart 6. A total of 36% of participating 6. Source of Income families have income from employment. 7e% 62% 50% Participating families a a portion of their month) P g pay P Y S0% 36% rent based upon their income and the payment 40% 30% standard for their unit. The Housing Authority pays the ' 20% 14% difference between the tenant's portion and the 8% 10% _ ■ contract rent. This is the Housing Assistance payment g 0% With Any With any With any With any Payment (HAP). The average HAP for October 1, Wages Welfare SSI/SS either Income 2022 to December 31, 2022 was $1,395. *Note: Chart 6 does not add up to 100% because the income of some participants comes from multiple sources. Production HQS Inspections: At least once every two (2) years, 7, HQS Inspections the Housing Authority must inspect each assisted -unit 140 139 to ensure it meets HUD's Housing Quality Standards 130 29 (HQS) in compliance with the federal 120 . 6 , regulations. From October 1, 2022 to December 31, 110 2022 a total of 384 inspections and re -inspections of 100 Oct Nov Dec our assisted -units were performed of which 73 inspections failed. Chart 7 illustrates the number of pecticn Months inspections performed on a monthly basis during the reporting period. City Council 2-3 2/7/2023