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ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> Item No. 9_Q <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: February 18, 1997 <br /> SUBJECT: Impact Fee Reimbursement Policy <br /> DEPARTMENT: Housing and Community Development PUBLIC HEARING: (Y/N) <br /> BUDGET AMENDMENT: (Y/N) <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Revised Policy Tara L. Fikes <br /> TELEPHONE NUMBERS: --ext. 2490 <br /> Hillsborough 732-8181 <br /> Chapel Hill 9684501 <br /> Durham 688-7331 <br /> Mebane 227-2031 <br /> PURPOSE: <br /> To approve a revised Impact Fee Reimbursement Policy for Housing Development Agencies. <br /> BACKGROUND: <br /> On November 1, 1995, the BOCC approved a policy for impact fee reimbursement to local non- <br /> profit organizations meeting the established criteria. The eligibility criteria included only non-profit <br /> housing organizations producing single family housing for first-time homebuyers at or below 80% <br /> of area median income. Since adoption,the interest in reimbursement of fees paid for rental <br /> property developed for low income families has become more visible. <br /> In order to address rental housing development within the reimbursement policy, language is <br /> proposed which would enable the BOCC to consider reimbursement request from non-profit <br /> organizations developing rental property on a case by case basis. <br /> RECOMMENDATION(S): <br /> The Manager recommends approval of a revised Impact Fee Reimbursement Policy for Housing <br /> Development agencies. <br />