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"" _ yr / ` ~ <br />IMPACT FEE REIMBURSEMENT POLICY <br />• Eligibility Criteria: Any 501 (c)(3) non-profit organization which develops single <br />family housing for first-time homebuyers with incomes at or below 80% of the HUD <br />published area median income for the Raleigh/Durham MSA. <br />Procedure: <br />Written request should be submitted to the Orange County Housing and <br />Community Development Department not more than sixty (60) days prior to <br />anticipated date building permit will be obtained. The request should include a <br />description of the anticipated beneficiary (homeowner), a detailed individual <br />house construction budget and an estimated completion date. <br />If funding is unavailable in the current fiscal year budget, the Housing and <br />Community Development Director will notify the non-profit organization at this <br />time and no further review will take place until funds are identified for this <br />purpose. <br />2. Requests will be reviewed within 15 working days and the Housing and <br />Community Development Director will make a recommendation to the County <br />Manager for his review and recommendation. <br />3. The County Manager's recommendation will be placed on the next Board of <br />County Commissioners meeting consent agenda for final approval. The <br />Manager will notify the applicant of the recommendation and the date the <br />BOCC will make the final decision. The Manager orhis/her designee will inform <br />the applicant of the BOCC decision in writing within five working days of the <br />meeting. <br />4. If the recommendation is favorable, funds will be distributed to the non-profit <br />organization after the impact fee has been paid by the requesting agency. <br />5. The Housing and Community Development Director will communicate the <br />decision to the Planning Department and the Finance Department. <br />6. The non-profit organization is responsible for providing written documentation of <br />impact fee payment to the Housing and Community Development Department. <br />After notification, the Finance Department will be asked within five working days <br />to prepare a check for the organization. <br />7. All funding recommendations will be good for a period of six months from the <br />date of approval. If the building permit is not obtained within that time period, <br />the organization must reapply for funding. <br />Effective: July 1, 1995 <br />Approved: November 1, 1995 <br />