RES-2009-033 Authorizing the Orange County FY 2009-2010 HOME Program Design

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~ , ~ ~ ~£S~ ~~S-U.J~ +, ~ 1 .s~p~,,-~ ~ P ~ ,sue. ~~ RESOLUTION AUTHORIZING 5 7 THE ORANGE COUNTY FY 2009-2010 HOME PROGRAM DESIGN BE IT RESOLVED, by the Orange County Board of Commissioners as a member of the Orange County HOME Consortium approve the following activities for the 2009-2010 HOME Program. Homebuyer Assistance Funds would be allocated to the Orange Community Housing and Land Trust to assist first time homebuyers earning less than 80 percent of the area median income to purchase homes county-wide Funds would be provided as a grant to the Land Trust. (Requested amount: $100, 000) $100,000 Funds would be allocated to Orange County Habitat for Humanity to provide deferred payment zero- interest second mortgages for six homes throughout Orange County. Homes would be sold to households earning between 30 percent and 80 percent of the azea median income. (Requested amount: $60,000) $ 60,000 Housing Rehabilitation Funds would be allocated to the Orange Person Chatham Mental Agency on behalf of the Chrsyalis Foundation and Community Alternatives for Supportive Abodes (CASH) for the repair of 23 properties owned by the Chrysalis Foundation. These units are currently leased to individuals that are disabled and/or chronically homeless. (Requested amount: 200, 000) $162,000 Operational Support Funds would be allocated to Orange Community Housing and Land Trust as a Community Housing Development Organization for administrative expenses. (Requested amount: $30, 000) $ 30,000 New Construction Funds would be allocated to Inter-Faith Council for pre-development costs associated with the construction of Project Community House a new men's residential facility for homeless men in the community. (Requested amount: $400, 000) $185,000 Funds would be allocated to Habitat for Humanity to provide funding for infrastructure development in the Phoenix Place project located on Purefoy Road in Chapel Hill. Habitat plans to build at least 50 dwelling units for sale to first-time homebuyers earning less than 60% of the area median income. (Requested amount: $250,000) $208,534 Rental Assistance Funds would be provided for rental assistance for approximately 25 low-income families leasing standazd property in Orange County. The program will operate in a similar manner to the Section 8 Program and provide rental subsidies for a period of two years to families at or below 50% of the area median income. This is an extension of the Homeless Outreach work of Housing for New Hope. (Requested amount: $S0, 000) $50,000 Program Administration $ 66,176 TOTAL FY 2009-2010 HOME PROGRAM FUNDS $861,710 BE IT FURTHER RESOLVED, that the County Manager is hereby designated as the authorized representative of the County to act in connection with the submission of this plan and to