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3 <br /> U.S. Department of Housing and Urban Development <br /> * *z Greensboro Office, Region 1V <br /> 2306 West Mleadowview Road <br /> Greensboro, North Carolina 27407 <br /> February 8, 1995 <br /> Mr. Moses Carey,Jr. <br /> Chairman <br /> Orange County BOC <br /> P O Box 8181 <br /> Hillsborough, NC 27278 <br /> Dear Mr. Carey: <br /> We are pleased to advise you that the formula allocations for the HOME Investment <br /> Partnership Program for FY '95 have been published in the Federal Register, Volume 60, No. 16 <br /> dated January 25. The allocation for the Orange County consortium is $368,000.00. <br /> It is important to note that Subpart 92.103 of the Interim Rule requires that a jurisdiction <br /> must notify us, in writing, no later than 30 days after publication of the NOFA (February 24) of <br /> its intention to become a participating jurisdiction (PJ). This requirement cannot be waived. <br /> Failure to meet this deadline would mean the irretrievable loss of your HOME allocation for this <br /> fiscal year. In addition, any unit of general local government that has a formula allocation of <br /> $335,000.00 or more, but less than $500,000.00, and which has not previously been designated as <br /> a PJ, must submit (with its notice of intent to participate) as evidence that it has met the <br /> following participation threshold requirements: <br /> 1) A letter from the governor or designee indicating that the required funds have been <br /> approved and budgeted for the unit of general local government; <br /> 2) Authorization from the State to transfer a portion of its HOME allocation to the <br /> unit of general local government; or, <br /> 3) A letter from the chief executive officer of the unit of general local government <br /> indicating that the required funds have been approved and budgeted. <br /> If you have any questions, please contact Kermit Lawrence,Jr., at (910) 547-4006 (voice) <br /> or 547-4055 (TDD). <br /> Sincerely yours, <br /> Charles T. Ferebee <br /> Director <br /> Community Planning & Development Division <br />