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RES- 2015 -026 4 <br />ORANGE COUNTY BOARD OF COMMISSIONERS <br />RESOLUTION AUTHORIZING <br />THE ORANGE COUNTY FY 2015 -2016 HOME PROGRAM DESIGN <br />BE IT RESOLVED, by the Orange County Board of Commissioners as a member of the Orange County <br />HOME Consortium approves the submission of the FY 2015 -2016 Consolidate Plan Annual Action Plan <br />HOME Program activities. <br />Homeownership Assistance <br />Funds would be allocated to Orange County Habitat for Humanity to provide deferred payment zero <br />interest second mortgages for ten (11) homes throughout Orange County. Homes will be sold to <br />households earning between 30 percent and 65 percent of the area median income. <br />(Requested amount: $270,000) $100,455 <br />New Construction <br />Funds would be allocated to the Downtown Housing Improvement Corporation, Inc. (DHIC) to support <br />the new construction of 80 apartment homes for households at less than 60% AMI on Legion Road in <br />Chapel Hill. Greenfield Place will have a mix of one, two and three bedroom units along with a <br />community building and other amenities. <br />(Requested amount: $300,000) $154,500 <br />Acquisition <br />Funds would be allocated to EmPOWERment, Inc., for the acquisition of a single family property for <br />lease to households earning 80% or less AMI. <br />(Requested amount: $60,000) <br />Housing Rehabilitation <br />$30,000 <br />Funds would be allocated to EmPOWERment, Inc., for rehabilitation of a single family property for lease <br />to veteran households earning 80% or less AMI. <br />(Requested amount: $46,500) $46,500 <br />Tenant Based Rental Assistance <br />Funds would be provided to Housing for New Hope to support homeless outreach and increase housing <br />support that assist the homeless of Orange County acquire permanent housing. <br />(Requested amount: $50, 000) $50,000 <br />Program Administration <br />TOTAL FY 2015 -2016 HOME PROGRAM FUNDS <br />$ 31,183 <br />$412,638 <br />BE IT FURTHER RESOLVED, that the County Manager is hereby designated as the authorized <br />representative of the County to act in connection with the submission of this plan and to provide such <br />additional information as may be required by the U.S. Department of Housing and Urban Development <br />This the 51h-day of May 2015. <br />Earl McKee, Chair <br />Orange County Board of Commissioners <br />SEAL <br />