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ao I a 045 CAF i-�b�a <br /> RESOLUTION AUTHORIZING <br /> THE ORANGE COUNTY FY 2012 -2013 HOME PROGRAM DESIGN <br /> BE IT RESOLVED,by the Orange County Board of Commissioners as a member of the Orange <br /> County HOME Consortium approve the following activities for the 2012-2013 HOME Program. <br /> Homeownership Assistance <br /> Funds would be allocated to the Community Home Trust to assist first time homebuyers earning less than <br /> 80 percent of the area median income to purchase homes county-wide. Funds would be provided as a <br /> grant to Community Home Trust. <br /> (Requested amount $150,000) $171,591 <br /> Funds will be allocated to Orange County Habitat for Humanity to provide deferred payment zero interest <br /> second mortgages for ten (10) homes throughout Orange County. Homes will be sold to households <br /> earning between 30 percent and 65 percent of the area median income. <br /> (Requested amount: $75,000) $75,000 <br /> Operational Support <br /> Funds would be allocated to the Community Home Trust as a Community Housing Development <br /> Organization for administrative expenses. <br /> (Requested amount: $20,000) $20,000 <br /> Predevelopment and Acquisition <br /> Funds would be provided to Orange County Habitat for Humanity for predevelopment costs and <br /> acquisition costs for a nine(9)acre tract located in Efland Cheeks Township in Orange County. <br /> (Requested amount: $50,000) $71,592 <br /> Funds would be provided to EmPOWERment,Inc. for acquisition and rehab of two condo units in Abbey <br /> Court in Carrboro for lease to households earning less than 50%of area median income. <br /> (Requested amount: $90,000) $90,000 <br /> New Construction <br /> Funds would be allocated to Inter-Faith Council for Social Services towards construction of Project <br /> Community House, a men's transitional housing facility. The facility will have the capacity to serve fifty <br /> two(52)homeless men. <br /> (Requested amount: $75,000) $0 <br /> Housing Rehabilitation <br /> Funds would be allocated to the Inter-Church Council for the additional repair of two (2) low-income <br /> apartment complexes in Chapel Hill—Chase Park and Elliott Woods. <br /> (Requested amount: $75,000) $37,500 <br /> Program Administration $38,349 <br /> TOTAL FY 2012-2013 HOME PROGRAM FUNDS $504,032 <br /> BE IT FURTHER RESOLVED, that the County Manager is hereby designated as the authorized <br /> representative of the County to act in connection with the submission of this plan and to provide such <br /> additional information as may be required by the U.S.Department of Housing and Urban Development <br /> This the day of May 2012 <br /> Bernadette Pelissier,Chair <br />