Agenda - 03-22-2012 - 5d - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 22, 2012 Action Agenda Item No. ~_ SUBJECT: impact Fee Reimbursement Request DEPARTMENT: Housing, Human Rights and Community Development PUBLIC HEARING: (Y/N) No ATTACHMENT(S): Letter from Habitat for Humanity INFORMATION CONTACT: Tara L. Fikes, (919) 245-2490 PURPOSE: To consider an impact fee reimbursement request from Habitat for Humanity of Orange County, NC, Inc. for $53,312 for seven (7) homes recently constructed in the County. 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 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 recently received a reimbursement request for $53,312 from Habitat for Humanity of Orange County, Inc. for seven (7) homes built in the Phoenix Place subdivision in Chapel Hill. The request has been reviewed in accordance with the above stated eligibility criteria and determined eligible for reimbursement. Specifically, Habitat has provided evidence that the impact fee for all homes has been paid and the houses have been sold to low-income homebuyers.