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t <br /> i <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> Item No. /p <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: March 18, 1997 <br /> SUBJECT: Request for Impact Fee Reimbursement - Covenant Place <br /> DEPARTMENT: Housing and Community Development PUBLIC HEARING: (Y/N) <br /> BUDGET AMENDMENT: (Y/N) <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Letter from UCC Living Centers, Inc. Board Tara L. Fikes <br /> of Directors TELEPHONE NUMBERS: -- eat. 2490 <br /> Firm Commitment Application Hillsborough 732-8181 <br /> Program Regulations Chapel Hill 968-4501 <br /> Durham 688-7331 <br /> Mebane 227-2031 <br /> PURPOSE: <br /> To receive as a report a request from United Living Centers, Inc. requesting reimbursement of <br /> $120,000 in school impact fees. <br /> BACKGROUND: <br /> UCC Living Centers, Inc., a 501(c)(3)organization is planning to building 40 rental units for elderly <br /> citizens with very low incomes through the HUD sponsored Section 202 Program. The units will be <br /> built in Carrboro at the corner of Culbreth and Smith Level Roads. The property would remain <br /> affordable to the target population for at least 20 years. <br /> The U.S. Department of Housing and Urban Development(HUD)has issued a firm commitment to <br /> UCC Living Centers, Inc. in the amount of approximately$3 million dollars. The official closing will <br /> take place in early April after site plan approval by the Town of Carrboro and the acquisition of a <br /> building permit. A copy of the HUD approved Firm Commitment Application with budget details is <br /> attached. <br /> This application does not include the school impact fees as an construction related expense. The <br /> regulations governing the 202 Program do not detail the eligible construction related costs under this <br /> program, thus, it is unclear whether HUD would approve the inclusion of impact fees as an eligible <br /> expense. A copy of the regulations governing the HUD 202 Housing for the Elderly is enclosed for <br /> reference. Because a firm commitment has been issued, re-submission of the funding application to <br /> include the cost of impact fees is not feasible at this time. <br /> RECOMMENDATION(S): <br /> The Manager recommends receiving the report as information. <br />