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• <br />• <br />The non-profit organization is responsible for providing written notice, including <br />documentation, of impact fee payment to the Housing and Community Development <br />Department. The organization will be reimbursed within five working days of receipt of <br />the written notice by the Housing and Community Development Department. <br />All funding decisions by the Board of County Commissioners will be good for a period of <br />twelve months from the date of approval. If the building permit is not obtained within that <br />time period, the organization must reapply for funding. <br />Effective: July 1, 1995 <br />Approved: November 1, 1995 <br />Revised: April 1, 1997; March 4, 1998 <br />leg-12 <br />impfee2.po1 <br />POLICY FOR <br />IMPACT FEE REIMBURSEMENT FOR <br />AFFORDABLE HOUSING <br />(Based on 1998 Data) <br />HOME OWNERSHIP <br />Raleigh-Durham-Chapel Hill, North Carolina Metropolitan Statistical Area Total Median <br />Family Income <br />Family Income <br />Maximum Home <br />Purchase <br />Price to <br />Homeowner <br />(801) Family <br />family of 4 $54,700 $43,760 $109,400 <br />family of 3 49,200 39,360 98,400 <br />family of 2 43,800 35,040 87,600 <br />