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i~ <br />Proposed Activities and.Proposed Projects <br />2009 - 2010 HOME Program Activities and Projects <br />1. Housing Rehabilitation: <br />$162,000 <br />$162,000 will be used for renovations and repair on 23 properties currently owned by the <br />Chrysalis Foundation for Mental Health, Inc. A portion of this funding will be applied as a <br />cash match for the HUD Supportive Housing operating dollars that are received by eight of <br />the 23 units. <br />2. Homeownership Assistance: <br />$100,000 <br />$100,000 will be allocated to Orange Community Housing and Land Trust to assist first time <br />homebuyers earning less than 80% of the area median income to purchase Land Trust <br />homes throughout Orange County. The majority of homes would be located in the Chapel <br />Hill/Carrboro area. <br />3. Second Mortgage Assistance: <br />$ 60,000 <br />$60,000 will be allocated to Habitat for Humanity to provide deferred payment zero-interest <br />second mortgages on three homes throughout Orange County. The homes would be built in <br />2009 and 2010 and would be sold to households earning between 30% and 80% of the area <br />median income. <br />4. Infrastructure Costs: <br />$208,534 <br />$208,534 will be allocated to Habitat for Humanity for a portion of the infrastructure costs for <br />a subdivision of 50 affordable, green, single family homes on approximately 19.4 acres on <br />Purefoy Drive in the Rogers Road Community. The site is owned by Habitat for Humanity, <br />Orange County, NC, Inc. <br />5. Operational Support: <br />$ 30,000 <br />$30,000 will be allocated to the Orange Community Housing and Land Trust for <br />administrative expenses related to implementing its HOME Program funded projects. As a <br />designated Community Housing Development Organization for the HOME Program, the <br />Land Trust is eligible to receive funds for administration of a housing program. <br />6. Rental Assistance: <br />$ 50,000 <br />$50,000 will be allocated to Housing for New Hope, Inc for tenant-based rental assistance <br />for homeless individuals and families. <br />7. Pre-Development and Infrastructure Costs: <br />$185,000 <br />$185,000 will be allocated to Inter-Faith Council for Social Service (IFC) for pre-development <br />and construction costs for new men's residential shelter on UNC property. <br />[11] <br />