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2 <br />each consortium member's elected board. The proposed HOME program design will define a <br />strategy in sufficient detail to accommodate the collective and individual needs and priorities of <br />the County and Towns. <br />This year, as required by the Consortium Agreement, the HOME Program Review Committee <br />reviewed applications for HOME Program funding and developed the proposed HOME Program <br />Design for the 2008-2009 Program Year. A total of seven (7) applications were received from <br />local non-profit organizations and other local governmental units requesting approximately <br />$934,119. There is approximately $744,476 in HOME funds and HOME Program match funds <br />available for Fiscal Year 2008-2009. The recommended program design is detailed in the <br />attached resolution. <br />A public comment period as required by HUD was established for April 11 -May 12, 2008 by <br />notice in the Chapel Hill Herald. Copies of the Annual Update were made available at the <br />Chapel Hill and Orange County Public Libraries. <br />Further, in accordance with the Orange County HOME Consortium Agreement approved in June <br />2005, the HOME Program Design for each year must be approved by all jurisdictions prior to <br />submission to HUD. The Program Design is scheduled for approval by Chapel Hill on April 23, <br />by Carrboro on May 13, and by Hillsborough on May 12. <br />FINANCIAL IMPACT: The Orange County HOME Consortium is scheduled to receive <br />approximately $661,756 in federal housing program funding. The required total local <br />government match is $148,895. Orange County's share of the match is $59,558 which will be <br />allocated from Gounty's general fund. Therefore, the total amount of HOME funds available is <br />$810,651. <br />RECOMMENDATION (S): The Manager recommends that the Board adopt resolutions <br />approving the 2008 Consolidated Housing Plan. Annual Update and the proposed HOME <br />Program Activities for 2008-2009. Additionally, the Manager recommends that the BOCC <br />authorize the Manager to implement the HOME Program as approved by the BOCC including <br />the ability to execute agreements with partnering non-profit organizations after consultation with <br />the County Attorney. <br />