Agenda - 05-06-2010 - 4h - Laserfiche WebLink

Browse Search

ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: May 6, 2010 Action Agenda Item No. 4 " SUBJECT: Impact Fee Reimbursement Requests DEPARTMENT: Housing/Comm. Development PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: Tara L. Fikes, (919) 245-2490 PURPOSE: To approve an impact fee reimbursement request from Habitat for Humanity of Orange County, NC, Inc. for $6,000 for two new homes and a request from the Community Home Trust for $6,092 for one new home in Carrboro. BACKGROUND: On November 1, 1995, the BOCC approved a policy for impact fee reimbursement to local non-profit organizations that met the established eligibility criteria. This policy was last revised on March 4, 1998. The policy requires the following: 1. Housing must be developed for first-time homebuyers with incomes at or below 80% of HUD published median income for the Raleigh-Durham-Chapel Hill, NC Metropolitan Statistical Area (MSA); 2. Affordable housing is defined as owner-occupied housing which can be purchased for no more than 2.5 times annual family income; and 3. The non-profit organization must certify in writing that, for owner-occupied housing, it will remain affordable to the anticipated beneficiary or beneficiaries for a period of a minimum of ninety-nine (99) years. A Declaration of Restrictive Covenants will secure this requirement. 4. The non-profit organization is responsible for providing documentation of impact fee payment. The County has received a reimbursement request for $6,000 from Habitat for Humanity of Orange County, NC, Inc. (HHOC) for two (2) new homes recently built in the Highland Woods subdivision in Hillsborough. The County has also received a reimbursement request for $6,092 from the Community Home Trust (CHT) for a home recently built in Carrboro. HHOC and CHT have provided evidence that the impact fee for all homes has been paid and the houses have been sold to low-income homebuyers. The request has been reviewed in accordance with the above stated eligibility criteria and determined eligible for reimbursement.