Agenda - 05-04-1999 - 7b - Laserfiche WebLink

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Funds would also be allocated to the Orange Community Housing Corporation to fund site improvement costs for the Scarlett Drive Townhome Project. Anticipated Beneficiaries: 14 families earning less than 80% median income Accomplishments: 14 townhomes; 14 first-time homebuyers Anticipated Completion Date: December 31, 2001 $70,000 Funds would be allocated to the Neighborhood Revitalization Fund for activities in the Pine Knolls and Northside neighborhoods. Funds could be used for second mortgages, property acquisition or renovation, public improvements, or community service activities. Anticipated Beneficiaries: 2 families earning less than 70% median income Accomplishments: 2 standard dwelling units Anticipated Completion Date: December 31, 2001 $50,000 Funds would be allocated to the Orange County Literacy Council to expand its computer literacy program to all interested public housing residents. The funds would be used to purchase computer equipment and educational software and administrative support for on- site instruction. Funds would also be allocated to the Chapel Hill-Carrboro YMCA to continue operation of the After School Day Programs held at the Pine Knolls and South Estes Drive Community Centers. Funds would be used to assist with operating expenses for the program. This project is located in communities which are areas of both low/moderate and minority concentration. This is a continuation of the Town's efforts to revitalize these low- income neighborhoods. Anticipated Beneficiaries: Families with income less than 50% median income. Anticipated Completion Date: June 30, 2000 $20,000 Economic Development Funds would be allocated for the construction of a parking lot on the corner of West Rosemary Street and Sunset Drive in conjunction with the Town of Carrboro. $15,000 Program Administration $70,000 TOTAL $566,000 16