1 / 8

State of Affordable Homes in Orange County

State of Affordable Homes in Orange County. Cesar Covarrubias, Executive Director The Kennedy Commission March 31, 2014. Mission: Working for systemic change resulting in the production of homes affordable to Orange County ’ s extremely low-income households.

briana
Download Presentation

State of Affordable Homes in Orange County

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. State of Affordable Homes in Orange County Cesar Covarrubias, Executive Director The Kennedy Commission March 31, 2014

  2. Mission: Working for systemic change resulting in the production of homes affordable to Orange County’s extremely low-income households

  3. Population, Employment and Housing Orange County, California 2000- 2035 Homes Source: Center for Demographic Research, California State University Fullerton, Orange County Projections, 2006.

  4. Wages for Occupations with the Most Job OpeningsOrange County, 2010 - 2020 Housing Wage = $31.62/hr. for 2-bedroom apt. Minimum Wage = $8.00/hr. Sources: 2010-2020 Occupations With the Most Job Openings, Santa Ana-Anaheim-Irvine Metro. Division, Employment Development Dept., Nov. 20, 2012. 2014 Out of Reach, National Low Income Housing Coalition, 2014.

  5. Orange County Income Limits for 2014 Affordability Defined Orange County Area Median Income: $87,200 Source: California Department of Housing and Community Development, 2014.

  6. Orange County is among the top 10 least affordable metropolitan markets in the nation! Source: 2014 Out of Reach, National Low Income Housing Coalition, 2014.

  7. Availability of Affordable Homes in O.C. Sources: * New Construction of Affordable Homes, Kennedy Commission, March 2014. ** How California’s Housing Market is Failing to Meet the Needs of Low-Income Families, California Housing Partnership Corporation, February 2014. *** Apartment Rent Up in All O.C. Cities, Orange County Register, Oct. 2013.

  8. Questions? Cesar Covarrubias, Executive Director The Kennedy Commission (949) 250-0909 cesarc@kennedycommission.org

More Related