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RES-2010-036 Resolution Authorizing the Orange County FY 2010 HOME Program
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RES-2010-036 Resolution Authorizing the Orange County FY 2010 HOME Program
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Last modified
2/22/2019 2:24:30 PM
Creation date
5/10/2010 2:51:49 PM
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Template:
BOCC
Date
5/6/2010
Meeting Type
Regular Meeting
Document Type
Resolution
Agenda Item
4i
Document Relationships
Agenda - 05-06-2010 - 4i
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2010\Agenda - 05-06-2010 - Regular Mtg.
Minutes 05-06-2010
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2010
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~ . ~C~ID -0 3 6 <br />RESOLUTION AUTHORIZING `may ~ r !~ <br />THE ORANGE COUNTY FY 2010-2011 HOME PROGRAM DESIGN ~/ <br />BE IT RESOLVED that the Orange County Board of Commissioners as a member of the <br />Orange County HOME Consortium approve the following activities for the 2010-2011 HOME Program. <br />Homebuver Assistance <br />Funds would be allocated to the Orange Community Housing and Land Trust to assist f rst time <br />homebuyers earning less than 80 percent of the area median income to purchase homes county-wide <br />Funds would be provided as a grant to the Land Trust. <br />(Requested amount: $75, 000) $ 75,000 <br />Funds would be allocated to Orange County Habitat for Humanity to provide deferred payment zero- <br />interest second mortgages for six homes throughout Orange County. Homes would be sold to households <br />earning between 30 percent and 80 percent of the area median income. <br />(Requested amount: $300,000) $150,000 <br />Housing Rehabilitation <br />Funds would be allocated to the Orange County Single Family Housing Rehabilitation for the repair of <br />scattered substandard dwellings occupied by low-income families with incomes below 80% of area <br />median income. <br />$124,312 <br />Funds would be allocated to the Inter-Church Council far the repair of two (2) low-income apartment <br />complexes in Chapel Hill. <br />(Requested amount: $298, 718) $100,000 <br />Ouerational Suaaort <br />Funds would be allocated to Orange Community Housing and Land Trust as a Community Housing <br />Development Organization for administrative expenses. <br />(Requested amount: $30,000) $ 30,000 <br />New Construction <br />Funds would be allocated to Inter-Faith Council for pre-development costs associated with the <br />construction of Project Community House a new men's residential facility for homeless men in the <br />community. <br />(Requested amount: $300,000) $115,000 <br />Funds would be allocated to ARC of North Carolina to provide funding to assist with the construction of <br />a four unit apartment building for four (4) low-income families with developmental disabilities. <br />(Requested amount.• $400, 000) $150,000 <br />Prouerty Acquisition <br />Funds would be provided to EmPOWERment to assist in the acquisition of rental property in Chapel Hill <br />for lease to one low-income family at or below 50% of the area median income. <br />(Requested amount: $155, 000) $ 75,000 <br />Program Administration <br />$ 72,827 <br />TOTAL FY 2010-2011 HOME PROGRAM FUNDS $892,139 <br />
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