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Agenda - 02-04-2014 - 6j
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Agenda - 02-04-2014 - 6j
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1/31/2014 1:02:35 PM
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BOCC
Date
2/4/2014
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6j
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Minutes 02-04-2014
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\Board of County Commissioners\Minutes - Approved\2010's\2014
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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: February 4, 2014 <br /> Action Agenda <br /> Item No. 6-j <br /> SUBJECT: Impact Fee Reimbursement Request <br /> DEPARTMENT: Housing, Human Rights and PUBLIC HEARING: (Y/N) No <br /> Community Development <br /> ATTACHMENT(S): <br /> Letter from Habitat for Humanity INFORMATION CONTACT: <br /> Tara L. Fikes, (919) 245-2490 <br /> PURPOSE: To consider an impact fee reimbursement request from Habitat for Humanity of <br /> Orange County, NC, Inc. for $114,053 for eleven (11) homes recently constructed in the <br /> County. <br /> BACKGROUND: On November 1, 1995, the BOCC approved a policy for impact fee <br /> reimbursement to local non-profit organizations that met the established eligibility criteria. <br /> This policy was last revised on March 4, 1998. <br /> The policy requires the following- <br /> 1. Housing must be developed for first-time homebuyers with incomes at or below 80% <br /> of HUD published median income for the Raleigh-Durham-Chapel Hill, NC MSA; <br /> 2. Affordable housing is defined as owner-occupied housing which can be purchased for <br /> no more than 2.5 times annual family income; and <br /> 3. The non-profit organization must certify in writing that, for owner-occupied housing, it <br /> will remain affordable to the anticipated beneficiary or beneficiaries for a period of a <br /> minimum of ninety-nine (99) years. A Declaration of Restrictive Covenants will <br /> secure this requirement. <br /> 4. The non-profit organization is responsible for providing documentation of impact fee <br /> payment. <br /> The County has recently received a reimbursement request for $114,053 from Habitat for <br /> Humanity of Orange County, Inc. for nine (9) homes built in the Phoenix Place subdivision in <br /> Chapel Hill and two (2) homes built in the Fairview Community. The request has been <br /> reviewed in accordance with the above stated eligibility criteria and determined eligible for <br /> reimbursement. Specifically, Habitat has provided evidence that the impact fee for all homes <br /> has been paid and the houses have been sold to low-income homebuyers. <br />
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