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17 <br />6. Orange Community Housing and Land Trust <br />The organization requested $10,000 in funding for operational support for the <br />organization. As a designated Community Housing Development Organization for the <br />HOME Program, the Land Trust is eligible to receive funds for operational support. <br />Staff Response: The Committee recommends budgeting $10,000 for .this <br />request. This operational funding is specifically targeted to assist in the <br />implementation of the Greenways Condominium project. <br />7. Weaver Community Housing Association <br />Weaver Community Housing Association requested $270,000 of HOME Program funds <br />to acquire and rehabilitate five three bedroom apartments for cooperative units at the <br />Cedar Rock Apartment complex in Carrboro. According to the organization, a <br />"cooperative unit" is a habitable space that includes private sleeping space and shared <br />access to living, dining, bath, kitchen and community facilities. <br />Staff Response: The Committee does not recommend funding for this project at <br />this time. The Committee members generally supported the concept of <br />cooperative housing, but felt that more education is needed about this innovative <br />model. <br />