FULL AGENDA_2019-08-20 - Laserfiche WebLink

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Quarterly Report for Housing Choice Voucher Program August 20, 2019 Page 3 5. Income as Percent of Median Below 80%of-I Below 50%of Median, 3 % Median,161A wooBelow 30°%of Median, 78% Chart 5 depicts participants by percentage of Orange County median income. As of 2019, the County's median income is $94,950 per year for a family of four. Approximately 78% of families on the program earn less than 30% of the median income, which is $35,600 per year for a family of four. Participants' incomes come from a variety of sources, as illustrated in Chart 6. A total of 43% 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 through June was $1,066, Production HQS Inspections: At least once every two 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 to June a total of 380 inspections and re -inspections of our assisted - units were performed of which 89 inspections failed. Chart 7 illustrates the number of inspections performed on a monthly basis during the reporting period. 3-3 G. Sources of Income 70% 60% 50% 43% 40% 30% 6% 20% 10% 129 65% With any wages With any Welfare With any SS/SSI 7. HQS Inspections 11% u With any other income 128 127 ' 126 125 —6 48 . 124 l 123 124T 122 April May June