Agenda - 12-01-1997 - 7b - Laserfiche WebLink

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+ 1 ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda Item No. 7—b ACTION AGENDA ITEM ABSTRACT Meeting Date: December 1, 1997 SUBJECT: Magnolia Place Housing Development Program DEPARTMENT: Housing and Community Development PUBLIC HEARING: (Y/N) BUDGET AMENDMENT: (Y/N) ATTACHMENT(S): INFORMATION CONTACT: Certificate of Completion Tara L. Fikes TELEPHONE NUMBERS: --eat. 2490 Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 227-2031 PURPOSE: To receive citizen comments prior to official close-out of the Magnolia Place Housing Development Program and authorize execution of the Certificate of Completion and Public Hearing Certification by the Chair of the Board of Commissioners. BACKGROUND: The County received $250,000 in State Community Development Block Grant (CDBG)funds under the Housing Development category in 1994. These funds were used to assist the Orange Community Housing Corporation(OCHC)with the site improvements(i.e. clearing, grading, utilities)necessary for the construction of twenty houses in the Magnolia Place subdivision. Under a subsequent grant agreement, OCHC agreed to build and sell twenty(20)homes to first-time homebuyers. All available CDBG funds have been expended for this project and twenty(20)homes have been built and sold. The average family income is approximately $25,000. In order to complete the grant close-out process, the N.C. Department of Commerce requires that a public hearing be held prior to the official close-out of the Housing Development Program to assess the performance of the County in administering the grant program. All comments received during the hearing should be reviewed to determine the level of consistency with program goals. RECOMMENDATION(S): The Manager recommends authorizing execution of the Certificate of Completion and Public Hearing Certification, which will contain minutes of the public hearing, by the Chair on behalf of the Board of Commissioners.