Agenda - 02-06-1995 - X-A - Laserfiche WebLink

Browse Search

3 $153, 000 of the necessary $400, 000 in matching funds has already been raised ($100, 000 from the NC Housing Finance Agency, $40, 000 in county CIP funds, and $13,000 in donations) . Projected operating costs for the first 3 years are $1,522, 112 . $432, 000 (75%) would come from HUD for the first year, $450, 848 (75%) would come from HUD for the second year, and $415, 401 (50%) would come from HUD for the third year. RECOMMENDATION(S) : The Manager recommends that the Board receive the report and the attached addenda as information. Addendum I is a copy of pages 27-29 of the Application for Federal Assistance submitted by IFC to HUD in August, which describes the site options identified by the Task Force for locating the Transitional Housing. Addendum II contains a map of the Green Tract, the property owned by the towns of Chapel Hill and Carrboro and Orange County, another potential site for this housing. The narrative describes the current status of this site's zoning and the preliminary uses as reported by the Northwest Small Area Planning Work Group to the Chapel Hill Town Council on January 23 . The second page of the addendum:depicts the conceptual/and use plan (including the Green Tract) for this Northwest area. From the perspective of meeting the 60-day limit established by HUD for Site Control, the county's property on Homestead Road is the most viable choice. While a Special Use Application and Permitting Process would still be required of the IFC/Task Force, the property is already appropriately zoned. As the BOCC deliberates upon this report and request, the Manager recommends the following: (1) that any conveyance of county property be by long-term lease and for the specific purpose of transitional family housing; (2) a preliminary long-range plan for generating the revenue required of the projected 1.5 million operating expenditures beyond FY 1997-1998 be provided to the BOCC.