Agenda - 01-19-1999 - 8g - Laserfiche WebLink

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_r k ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda Item No. J ACTION AGENDA ITEM ABSTRACT Meeting Date: January 19, 1999 SUBJECT: HOME Program - Creel Street DEPARTMENT: Housing and Community Development PUBLIC HEARING: (Y/N) BUDGET AMENDMENT: (Y/N ) ATTACHMENT(S): INFORMATION CONTACT: Agreement Amendment Tara L. Fikes TELEPHONE NUMBERS: - - eat. 2490 Hillsborough 732 -8181 Chapel Hill 968 -4501 Durham 688 -7331 Mebane 227 -2031 PURPOSE: To approve an amendment to the Development Agreement with EmPOWERment, Inc. for the Creel Street property and authorize the Chair to execute a Development Agreement with this agency on behalf of the Orange County HOME Consortium. BACKGROUND: In 1993, the Orange County HOME Consortium provided $16,000 in HOME funds to the Orange Community Housing Corporation to purchase a vacant lot on Creel Street in the Pine Knolls community with plans to build a house for a first time homebuyer. The Orange Community Housing Corporation (OCHC) had not been able to develop this property. EmPOWERment, Inc. expressed an interest and willingness to develop the property. In November 1997, the BOCC approved the Development Agreement with EmPOWERment, Inc. which specified that this lot would be developed and the house sold within 12 months or by December 31, 1998. According to EmPOWERment, this project has not been completed to date because they were working on other projects for which first -time homebuyer families had been identified previously. There was not a family identified for the Creel Street lot and an organizational concern of "spreading themselves thin" with too many projects occurring concurrently, thus, construction at this lot did not begin prior to the deadline. Nonetheless, EmPOWERment has indicated the present capacity and commitment to complete this job in consideration of their current workload. Thus, the HOME Program Council is recommending a time extension of six months or until June 30, 1999. This time extension requires an amendment to the original agreement which must be approved by the Board of County Commissioners on behalf of the Orange County HOME Consortium. RECOMMENDATION(S): The Manager recommends approval of an amendment to the Development Agreement with EmPOWERment, Inc. for the Creel Street property and authorize the Chair to execute the Amendment with this agency on behalf of the Orange County HOME Consortium.