Orange County NC Website
23 <br /> County Capital Projects - NEW <br /> Fiscal Years 2015-20 <br /> Project Name Affordable Housing Land Banking Project Status New <br /> Functional Service Area Governing and Management Starting Date 7/1/2015 <br /> Department Asset Management Services Completion Date 613012016 <br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6 <br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to <br /> Project Budget Funding 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Total Year 10 <br /> Appropriation <br /> Professional Services - <br /> Construction/Repairs/Renovations - <br /> Land Acquisition 1,000,000 1,000,000 <br /> Total Project Budget - - 1,000,000 - - - - 1,000,000 - <br /> General Fund Related Operating Costs <br /> Personnel Services - <br /> Operations - <br /> New Debt Service 96,000 96,000 96,000 96,000 384,000 480,000 <br /> Total Operating Costs - 96,000 96,000 96,000 96,000 384,000 1 480,000 <br /> Revenues/Funding Source <br /> General Fund-Debt Service - 480,000 <br /> Transfer from General Fund - - <br /> Debt Financing 1,000,000 - 1,000,000 <br /> Total - - 1,000,000 - - - - 1,000,000 480,000 <br /> Project Description/Justification <br /> This project provides funds for a land banking program and improving county-owned properties identified for affordable housing alternatives. The purpose of the program <br /> is to acquire aggregate parcels and/or improve existing county-owned properties for future residential development to address displaced manufactured homes, as well as <br /> affordable housing alternatives. <br /> 39a <br />