Orange County NC Website
Browse       Search
10 <br /> 1 Funds would be allocated to Orange County Habitat for Humanity to provide deferred payment <br /> 2 zero interest second mortgages for ten (11) homes throughout Orange County. Homes will be <br /> 3 sold to households earning between 30 percent and 65 percent of the area median income. <br /> 4 (Requested amount: $270,000) <br /> 5 $100,455 <br /> 6 <br /> 7 New Construction <br /> 8 Funds would be allocated to the Downtown Housing Improvement Corporation, Inc. (DHIC) to <br /> 9 support the new construction of 80 apartment homes for households at less than 60% AMI on <br /> 10 Legion Road in Chapel Hill. Greenfield Place will have a mix of one, two and three bedroom <br /> 11 units along with a community building and other amenities. <br /> 12 (Requested amount: $300,000) <br /> 13 $154,500 <br /> 14 <br /> 15 Acquisition <br /> 16 Funds would be allocated to EmPOWERment, Inc., for the acquisition of a single family <br /> 17 property for lease to households earning 80% or less AMI. <br /> 18 (Requested amount: $60,000) <br /> 19 $30,000 <br /> 20 <br /> 21 Housing Rehabilitation <br /> 22 Funds would be allocated to EmPOWERment, Inc., for rehabilitation of a single family property <br /> 23 for lease to veteran households earning 80% or less AMI. <br /> 24 (Requested amount: $46,500) <br /> 25 $46,500 <br /> 26 <br /> 27 Tenant Based Rental Assistance <br /> 28 Funds would be provided to Housing for New Hope to support homeless outreach and increase <br /> 29 housing support that assist the homeless of Orange County acquire permanent housing. <br /> 30 (Requested amount: $50,000) <br /> 31 $50,000 <br /> 32 <br /> 33 Program Administration <br /> 34 $ 31,183 <br /> 35 <br /> 36 TOTAL FY 2015-2016 HOME PROGRAM FUNDS <br /> 37 $412,638 <br /> 38 <br /> 39 BE IT FURTHER RESOLVED, that the County Manager is hereby designated as the authorized <br /> 40 representative of the County to act in connection with the submission of this plan and to provide <br /> 41 such additional information as may be required by the U.S. Department of Housing and Urban <br /> 42 Development <br /> 43 <br /> 44 This, the 5th day of May, 2015. <br /> 45 <br /> 46 A motion was made by Commissioner Pelissier, seconded by Commissioner Rich for the <br /> 47 Board to Adopt the Resolution approving the FY 2015-2016 Consolidated Housing Plan Annual <br /> 48 Action Plan; and approving the proposed HOME Program Activities for 2015—2016. <br /> 49 <br /> 50 VOTE: UNANIMOUS <br />