Orange County Housing Trust

THE HOUSING TRUST’S MISSION

Orange County has the highest cost housing in the nation with only 10% of the county’s households able to purchase a median-priced home, which is now about $628,000. The mission of the Orange County Housing Trust is to provide a meaningful public/private solution to the county’s and region’s housing crisis. This will be achieved by providing a tool kit of financing options designed to increase the inventory of affordable and workforce housing for individuals and families with household incomes ranging from very low of moderate, and for those residents with special needs.

HOUSING TRUST OBJECTIVES

The Orange County Housing Trust will:

Serve as a non-profit depository for the collection and disbursement of funds from the public and private sectors dedicated to increasing the inventory of affordable and workforce housing in Orange County and Southern California.

Provide meaningful financing options in the form of lower cost 2nd TDs and down payment assistance to improve the ability of Orange County residents to fulfill their dream of becoming homeowners.

Provide attractive predevelopment financing to builders of affordable housing to assist in the acquisition of land and pre-construction activities that will boost the inventory of lower cost housing options.

Help as much as possible to reduce traffic congestion on the county’s freeways and surface streets by utilizing its homebuyer program to move homeowners closer to their work.

Help maintain and improve the county’s workforce and therefore its economy by expanding the variety of housing options for such workers as teachers, firemen and police officers, librarians, nurses, food and tourist industry employees, and other important members of the county’s labor pool.

Provide leadership and advocacy for the county’s and Southern California’s affordable housing community and affordable and workforce housing initiatives.

Unauthorized duplication of material in Orange County Housing Trust or ochousingtrust.org is strictly prohibited. Reproduction of this content in whole or in part in any form, on paper or electronically, without written permission is prohibited by law. All rights reserved.