OCBC Supports Establishing an Orange County Housing Trust
IRVINE, Calif., June 20, 2018 (GLOBE NEWSWIRE) -- Acknowledging Orange County’s unprecedented homeless crisis, Orange County Business Council has unanimously voted to support pending state legislation to establish the Orange County Housing Trust (OCHT), a joint powers authority tasked with funding housing specifically to alleviate homelessness.
“In just five years Orange County has seen a 53 percent increase in its unsheltered homeless population,” said Lucy Dunn, OCBC president and CEO. “The crisis has public health and safety ramifications in addition to hurting the county’s image as a desirable place to live and work. We have a social responsibility to put in place a comprehensive strategy that provides permanent supportive housing with an integrated system of care for our most vulnerable residents.”
The bill – AB 448 – was introduced by Assemblyman Tom Daly (D-69th) and Assemblywoman Sharon Quirk-Silva (D-65th) and is co-sponsored in the state Senate by senators Pat Bates (R-36th), Robert Hertzberg (D-18th), John Moorlach (R-37th) and Janet Nguyen (R-34th). It represents a regionally-focused, comprehensive solution to the county’s homeless crisis shared among the County and its 34 cities.
AB 448 will create a financial and funding mechanism for homelessness solutions, including but not limited to the planning and construction of permanent supportive housing, crisis stabilization units, mental and physical health facilities, rapid re-housing and emergency beds. The trust may accept public and private sector funding contributions.
Under the legislation, the OCHT would not have authority to regulate land use in cities or in unincorporated Orange County. It also would not have power to exercise any authority to levy, or advocate or incentivize the levying of any fee, tax or other exaction related to development projects. The trust would be governed by a board of directors consisting of representatives from the county, cities within the county and other community stakeholders.
It will be guided by a housing funding strategy and business plan addressing an immediate need for 2700 permanent supportive housing units, spread proportionally across all thirty-four cities and unincorporated areas in Orange County. The establishment of a single, city/county entity will bring coordinated focus to resolving the issues of chronic homelessness countywide
About OCBC:
Orange County Business Council is the leading voice of business in Orange County, California. OCBC represents and promotes the business community, working with government and academia, to enhance Orange County’s economic development and prosperity in order to preserve a high quality of life. OCBC serves member and investor businesses with nearly 250,000 employees and 2,000,000 worldwide. In providing a proactive forum for business and supporting organizations, OCBC helps assure the financial growth of America’s sixth largest county. For more information, visit www.ocbc.org.
CONTACT: Byron de Arakal
Vice President of Communications
949.794.7210
bdearakal@ocbc.org
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