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HomeMy WebLinkAboutAgenda 04-14-2026; 2 - Discussion on 2026 Longtime Homeowner Assistance Program 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 14, 2026 Action Agenda Item No. 2 SUBJECT: Discussion on 2026 Longtime Homeowner Assistance Program DEPARTMENT: Housing ATTACHMENT(S): INFORMATION CONTACT: Presentation Blake Rosser, Housing Director, 919- 245-2130 PURPOSE: To discuss potential program changes for the 2026 cycle of the Longtime Homeowner Assistance (LHA) program, which assists low-income Orange County homeowners with a discount or rebate on their property tax bill. BACKGROUND: The LHA program has completed its 5th year of assistance for Orange County homeowners. In its first year the program assisted 91 households with the difference between their 2020 and 2021 tax bills, for a total of $16,364 allocated by Orange County. This past year, the program assisted 806 households with a formula-calculated amount based on over $500,000 in funding from Orange County, Chapel Hill and Carrboro. Over time, the program has not only grown but also changed in its emphasis, consistently looking for ways to tweak the funding formula so that the most vulnerable households are prioritized. Staff recommends the Board further refine the program policy to ensure that limited resources get to the households who most need it. To that end, staff is recommending that the Board discuss and consider raising the eligibility threshold of the program from five (5) years of homeownership to ten (10) years, with exceptions allowed for family transfers (which would be automatically granted eligibility regardless of period owning the home as long as the new family member demonstrates income eligibility).. This policy change, if it had been in effect, would have impacted 137 households in the 2025 cycle, lowering the amount of assisted households from 806 to 669, and would have allowed the program to distribute almost $62,000 more dollars to households that bought their homes prior to 2016. It should also be noted that Commissioner Earl McKee suggested at the Board's April 7, 2026 Business meeting that the Board consider a "hold harmless" provision for Orange County taxes on properties owned by residents aged 70 or older who have been in their homes for at least 20 years and earn less than 30% area median income (AMI). Based on the 2025 LHA recipients, this would impact approximately 100 households. This change could be accomplished by ensuring that these households are awarded enough LHA assistance 2 each year to equal the total amount paid in the prior year (totalling tax paid minus LHA received), in perpetuity. Staff would have to identify new households that meet these criteria for each successive year, and establish a baseline tax payment for each of those households. It is difficult to estimate how many more households would become eligible for this status in coming years, as there will be attrition in addition to new homeowners that "age in" to the status. As a supplement to this discussion, Board members asked staff various questions during the presentation of the annual LHA report at the February 17, 2026 Business meeting. Those questions with answers are presented here as follows: • What accounts for the 225 "No Data" on the age demographics table, compared to last year's zero? o Last year two (2) staff members met with every applicant who had not fully completed their application in order to assure they were complete. This year, with the increased volume of applicants, this was not possible. That number serves as an indicator of the percentage of applications that are submitted incomplete and required intensive follow-up from staff. • Income/Home Values o 2025 Income Limits are below full AMIs can be found at this link . Persons In 1 2 3 4 5 6 7 8 Family Low (80%) 64,750 74,000 83,250 92,500 99,900 107,300 114,700 122,100 Income Limits ($) o 2024 Home Value Limits are below full limits can be found at this link). House Size 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom Home Value Limit $403,000 $515,000 $624,000 $773,000 • Does the application reference the exception listed on the website for elderly and disabled households? o No. Because staff does not request home value on the application (that information is accessed directly from tax records based on the Parcel ID number provide), possible exceptions to the home value limit are not listed. • Average/Median tax bill, as compared to 2024: 2024 2025 Increase Percentage Average Orange $1,883.28 $1,967.86 4.5% County Tax Bill Median Orange $1,740.47 $1,855.22 6.6% County Tax Bill 3 • Request to track home valuation by number of years owned: Years Owned Number of Med ian Home Averag a Home (Purchased Year) Households Value Value 5-9 (2016-2020) 137 $306.360 $315A61.59 10-14 (2011-2015) 101 $314.360 $339.097.06 15-19 (2006-2010) 79 $316-300 $336.839 2 0-24 (2001-2005) 81 $363.560 $365.834 25-29 (1996-2000) 102 $322_800 $362_644 30+ (before 1995) 285 $317.950 $345.019 • Breakdown of the amount of assistance and number of recipients of LHA by municipality and in the unincorporated parts of the County: Chapel Hill Carrboro Hillsborough Mebane Orange Count Number of 149 84 224 107 242 Households Amount of $241,215.41 $86,606.50 $105,257.13 $39,748 $67,441.61 Assistance FINANCIAL IMPACT: Discussion of this item has no financial impact on the County. The 2025 LHA program had an expense of $408,269, an increase from $250,000 in 2024. The Towns of Chapel Hill and Carrboro contributed up to $87,000 and $45,000 in matching assistance in 2025, respectively, bringing total possible awards to $540,268.65. ALIGNMENT WITH STRATEGIC PLAN: This item supports: • GOAL 3: HOUSING FOR ALL OBJECTIVE 7. Expand resources and invest in housing designed for our aging and disabled residents. OBJECTIVE 8. Preserve existing housing stock from disrepair and avoid displacement. RECOMMENDATION(S): The Manager recommends that the Board discuss potential changes to the Longtime Homeowner Assistance (LHA) program for 2026 in order to best target assistance to the neediest and longest-time homeowners. The Board will need to make any final decisions on any potential changes at a Board Business meeting before summer. ORANGE COUNTY Q HOUSING DEPARTMENT Discussion of CY26 Longtime Homeowner Assistance (LHA) Program April 14, 2026 5 LPN Completed 5th year From 2021 to 2025, number of assisted households grew from 91 to 806 Total program funds: $16,364 4 $509,805 • 2021 assistance based on simply the difference between 2021 and 2020 tax bill, no minimum/maximum • 2025 assistance based on need-based formula with minimum of $200 and target cost-burden reduction of 25% ORANGE COUNTY � HOUSING DEPARTMENT 6 Potential increase to eligibility threshold Staff recommends increasing eligibility threshold from 5 years to 10 years • In 2025, 137 households would have been ineligible (i.e. owned home between 5 and 10 years) • Approximately $62,000 in assistance Change would prioritize longest-tenured residents with higher assistance amounts - Exceptions for family transfers that have taken place more recently Residents that bought homes since 2016, when home prices were high, may not have been originally intended program demographicORANGE COUNTY � HOUSING DEPARTMENT Potential "hold harmless" for most vulnerable residents • Commissioner suggestion to hold harmless effective tax increases for certain households : At least 70 years of age Owned home for at least 20 years 30% Area Median Income (AMI) or less • In 2025, 100 households would have been eligible under these terms Policy mechanism : LHA amount each year could be calculated for these households so that total amount paid (Tax minus LHA) = baseline amount set in CY26. ORANGE COUNTY � HOUSING DEPARTMENT S Outstanding questions from 2/17/26 • What accounts for 225 "No Data" under age demographics, compared to last 2024's zero? Increased volume of applications meant staff did not have time to follow up with each incomplete application Does application reference exception listed on website for elderly/disabled households? No. Because staff does not request home value on the application, we do not list possible exceptions to the limit. ORANGE COUNTY � HOUSING DEPARTMENT 9 Outstanding questions, cont'd • 2025 Income Limits Persons In Family Low 0' , 64,750 74,000 83,250 92,500 99,900 107,300 114,700 122,100 Income • 2025 Home Value Limits House Size 2 Bedroom 4 Bedroom FRI A — L�A Home Value Limit $403,000 $515,000 $624,000 $773,000 ) ORANGE COUNTY 0 HOUSING DEPARTMENT 10 Outstandinguestions cont'd 2q • Average/Median Tax Bill, Compared to 2024 N w - rq Percentage Average OC Tax = $1 ,883.28 $1 ,967.86 4.5% MedianOC Tax = $11740.47 $1 ,855.22 6.6% Number and Amounts of Assistance by Municipality Number149 84 224 107 242 AmountHouseholds $ 241,215.41 $86,606.50 $105,257.13 $39,748 $67,441.61 Assistance ORANGE COUNTY HOUSING DEPARTMENT 11 Outstanding questions, cont'd (3) Home valuation by number of years owned Years Owned Number of Median Home Average Home (Purchased Year) ____,_ Households Value Value 5-9 137 $305,350 $315,462 (2016-2020) 10-14 101 $314,350 $339,097 (2011-2015) 15-19 79 $315,300 $336,839 (2006-2010) 20-24 81 $363,550 $365,834 (2001-2005) 25-29 102 $322,800 $362,644 (1996-2000) 30+ 285 $317,950 $342,019 (before 1995) r ORANGE COUNTY � HOUSING DEPARTMENT 12 For any questions: Blake Rosser • brosser@orangecountync. gov 919-245-2492 ORANGE COUNTY 0 HOUSING DEPARTMENT