Agenda Packet_2023-08-01 - Laserfiche WebLink

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Quarterly Report for Housing Choice Voucher Program August 1, 2023 Page 3 Chart 5 depicts participants by percentage of Orange County median income. As of June 30, 2023, the County's median income is $127,800 per year for a family of four. Approximately 90% of families on the program earn less than 30% of the area median income, which is $43,050 per year for a family of four (4). Participants' incomes come from a variety of sources, as illustrated in Chart 6. A total of 36% of participating families have income from employment. Participating families pay a portion of their monthly rent based upon their income and the payment standard for their unit. The Housing Authority pays the difference between the tenant's portion and the contract rent. This payment is the Housing Assistance Payment (HAP). The average HAP for April 1, 2023 to June 30, 2023 was $1,420. Production HQS Inspections: At least once every two (2) years, the Housing Authority must inspect each assisted -unit to ensure it meets HUD's Housing Quality Standards (HQS) in compliance with the federal regulations. From April 1, 2023 to June 30, 2023, a total of 410 inspections and re -inspections of our assisted -units were performed, of which 110 inspections failed. Chart 7 illustrates the number of inspections performed on a monthly basis during the reporting period. 5. Income as Percentage of Median Below 50% Below 80% Median of Median 9% _ 1% 41 Below 30% of Median 90% 6. Source of Income 70% 62% 60 % 50% 36% 40 % 30% 16% 20% 9% — - 10% ■ 0% T With Any With any With any With any Wages Welfare SSI/SS other Income 7. HQS Inspections 200 121 137 152 100 t 0 J April May June Inspection Months City Council 3-3 8/1/2023