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partnership with CHDOs - it is the primary mission of such organizations to create affordable <br />housing opportunities households with very low incomes. With respect to home ownership <br />programs, even though the median home purchase prices has come down in recent months, for <br />a household earning less than 80% of the County Median Income the cost of homeownership <br />(i.e., mortgage, tax, insurance, maintenance) still remains high. As a result of the collapse of <br />the sub-prime mortgage industry, even credit-worthy buyers are finding it difficult to obtain <br />financing. An added result of the current credit crunch is a slow down in land development. <br />Many homebuilders throughout Orange County have substantially reduced their activity. New <br />housing units that the City anticipated would be constructed at the time the Consolidated Plan <br />was prepared, may not come to fruition for several years. <br />With respect to homeless programs, accomplishment rates for supportive services and <br />emergency shelter are on track. Transitional housing and homelessness prevention <br />accomplishments remain below expected accomplishment rates. Based on feedback from <br />transitional housing operators, clients are not leaving the program as quickly as anticipated. <br />Three to four years ago, transitional housing clients were finding employment opportunities at <br />a much quicker rate. With the raise of the national unemployment rate to 10%, in recent <br />months it is taking more time for individuals with little or no work experience to obtain jobs <br />that pay a livable wage. With respect to homelessness prevention, two agencies that had <br />previously utilized ESG funding to prevent evictions and/or utility cut-off, have not applied in <br />recent yeas -five-year goals were established in the Consolidated Plan with these two agencies <br />in mind. <br />The City is on track to meet five-year goals for street improvements (six projects planned - <br />eight completed to date with more in progress). Similarly, park improvement project are on <br />course to meet five-year goals with three of a planned four projects completed and additional <br />projects under construction. No youth center, water or street light projects have been <br />undertaken so far during the five-year Consolidated Plan cycle; none are presently slated for <br />construction as funding has been focused on improving neighborhood streets and parks with <br />limited CDBG funding. Finally, most categories of public services appear to be on track to meet <br />five-year goals except for services for persons with disabled. Based on a review of program <br />statistics it appears one agency that traditionally had applied for funding from the City has not <br />applied for CDBG assistance in recent years, thus overall accomplishment goals for this <br />population are not meeting planned levels. Regionally, goals for housing for persons living with <br />HIV/AIDS remain on track. <br />13 Draft 8/26/2009 <br />19F-19 <br />