Orange County NC Website
Browse       Search
ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: February 1, 2011 <br />Action Agenda <br />Item No. ~J " Q <br />SUBJECT: Impact Fee Reimbursement Request <br />DEPARTMENT: Housing, Human Rights and PUBLIC HEARING: (Y/N) No <br />Community Development <br />ATTACHMENT(S): INFORMATION CONTACT: <br />Tara L. Fikes, (919) 245-2490 <br />PURPOSE: To consider an impact fee reimbursement request from Habitat for Humanity of <br />Orange County, NC, Inc. for $72,293 for ten (10) homes recently constructed in the County. <br />BACKGROUND: On November 1, 1995, the BOCC approved a policy for impact fee <br />reimbursement to local non-profit organizations that met the established eligibility criteria. <br />This policy was last revised on March 4, 1998. <br />The policy requires the following: <br />1. Housing must be developed for first-time homebuyers with incomes at or below 80% <br />of the US Housing & Urban Development (HUD) published median income for the <br />Raleigh-Durham-Chapel Hill, NC Metropolitan Statistical Area (MSA); <br />2. Affordable housing is defined as owner-occupied housing which can be purchased for <br />no more than 2.5 times annual family income; and <br />3. The non-profit organization must certify in writing that, for owner-occupied housing, it <br />will remain affordable to the anticipated beneficiary or beneficiaries for a period of a <br />minimum of ninety-nine (99) years. A Declaration of Restrictive Covenants will <br />secure this requirement. <br />4. The non-profit organization is responsible for providing documentation of impact fee <br />payment. <br />In past years during the County's budget formulation process, local non-profit organizations <br />developing affordable housing have provided estimates of the anticipated need for impact fee <br />reimbursements based on their construction plans. The County has then budgeted money in <br />the Affordable Housing Reserve for this purpose based on the availability of funds. Over the <br />years, requests for reimbursements have primarily come from the Community Home Trust and <br />Habitat for Humanity. <br />In late 2010, the County received a reimbursement request for $72,293 from Habitat for <br />Humanity of Orange County, Inc. for one (1) home recently built in Hillsborough and nine (9) <br />homes built in the Phoenix Place subdivision in Chapel Hill. The request has been reviewed <br />