Orange County NC Website
• Applicant household income could be up to 80 per cent of HUD published <br />median income limits <br />• Applicants can not have any preexisting overdue County loans or loans in default <br />to the County <br />• Applicants must not be outstanding in their County property taxes <br />• Applicantllandlords must sign an agreement restricting rental rate increases <br />• Confidentiality, Conflict of Interest, and Non-Discrimination statementslprovisions <br />are applied <br />Advantages: <br />- The County has prior experience in the promotion and implementation of this <br />type assistance program. <br />- HUD income guidelines are a nationally recognized and generally acceptable <br />index for determining eligibility based on need. <br />- Simplified accounting with the direct and immediate elimination of the particular <br />assessment/liability. <br />Disadvantages: <br />- This policy - as with the Rogers Road Waterline Connection Program -would <br />place additional responsibilities upon County staff (Housing and Community <br />Development and Engineering} to conduct outreach and educational sessions <br />and handle the administrative tasks for program accuracy and accountability. <br />- Local general funds are the only known public finances available to cover relief <br />assistance grants. <br />Option # 3: County establishes a aercentage of the entire utility extension <br />proiect cost plus a cap per lot that it will pay to reduce the final <br />assessment amount for each impacted residentlproperty owner <br />Process Description: <br />This option is modeled on the policy adopted by the Town of Chapel Hill in September <br />1988 for sewer extensions for existing neighborhoods within the Town limits. The Town's <br />assistance level is 20°lo with a cap of $4,500 per lat. OWASA does not assess far costs <br />covered by the Town. <br />After a project is complete, the OWASA Board of Directors would determine the amount <br />of assessments and the list of properties that are assessed. Pre lot assessments are <br />calculated as actual costs of the completed project, less the OWASA and Town support <br />as noted, divided by the number of benefiting lots. (Note: Under OWASA Board <br />adopted policies, OWASA does not assess for engineering expenses up to 15 per cent <br />of project costs or far legal expenses up to 5 per cent of project cost.) <br />