Agenda - 03-18-2008-4i - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 18, 2008 Action Agenda Item No. ~~- - j SUBJECT: Orange County Housing Authority Bylaws Revision DEPARTMENT: Housing/Community Dev. PUBLIC HEARING: (YIN) No ATTACHMENT(S): Bylaws- Blacklined INFORMATION CONTACT: Tara ~. Fikes, (919) 245- 2490 PURPOSE: To approve revisions to the Bylaws of the Orange County Housing Authority. BACKGROUND: In the Fall of 2006, interest was expressed in ensuring the readiness of the County to purchase available land in areas of the County where public water and sewer is available. It was noted that although County affardable housing bond funds can be used for this purpose, it is difficult for the County to purchase land and then convey the land directly to non- profits due to State laws regarding the disposition of property. As an alternative, there was agreement to investigate. the possibility of the legal entity known as the Orange County Housing Authority acquiring available land for future affordable housing development by other development organizations. The Affordable Housing Advisory Board (ARAB) discussed this possibility with the Board of County Commissioners (BOCC) at their August 30, 2007 work session. At that time, as a next step, the BOCC asked ARAB to revise the current bylaws of the Orange Gounty Housing Authority that were written in 1969 to reflect current operations. This task was accomplished and presented to the BOCC during the February 12, 2008 work session for discussion. Since that discussion, ARAB. has finalized the bylaw revisions and a blacklined copy of the bylaws highlighting the revisions is attached to this abstract for approval by the BOCC. FINANCIAL IMPACT: There are no immediate impacts with the revision to the Bylaws: RECOMMENDATION (S): The Manager recommends that the Board approve the revisions to the Orange County Housing Authority Bylaws.