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1'~~S • ~,d 11 ~ U~ ~ <br />5_~_ / 1 <br />5~ <br />RESOLUTION AUTHORIZING THE EXECUTION OF A <br />HOME INVESTMENT PARTNERSHIP (HOME) PROGRAM CONSORTIUM <br />r REEMENT <br />WHEREAS, on June 29, 1992, the Orange County Board of Commissioners approved participation <br />of the County in the Orange County HOME Consortium; and <br />WHEREAS, the Towns of Carrboro, Chapel Hill, and Hillsborough and Orange County are <br />currently members of the Orange County HOME Consortium established on or about August 3, <br />1992; and <br />WHEREAS, the current Orange County HOME Consortium Agreement expires on June 30, 2011; <br />and <br />WHEREAS, the Orange County HOME Consortium desires to continue to be considered for <br />eligibility under the federal HOME Program operated by the U.S. Department of Housing and <br />Urban Development as authorized under the National Affordable Housing Act, as amended; <br />NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners <br />authorizes the County Manager to execute the approved HOME Consortium Agreement for the <br />period beginning July 1, 2011, subject to a~^proval as to form by the County Attorney. <br />This 3rd day of May 2011. <br />