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been shown in recent studies to be a predictor of future success, especially for <br /> children. Children who live in homes like those that Habitat offers will have a <br /> greater chance of graduating from high school, and acquiring post-secondary <br /> education. Their early adult earnings will be higher, and they are more likely to <br /> own their own home in 10 years. Those who apply to build and purchase a home <br /> through Habitat live in overcrowded apartments, pay considerably more than <br /> 30% of their income for rent, and/or deal with high utility costs and lack of <br /> repairs. This in spite of the fact that they are hardworking members of our <br /> community, often working more than one full time job trying to make ends <br /> meet. For those homeowners fortunate enough to purchase a home through <br /> Habitat, they usually find themselves paying less for their mortgage than they did <br /> for their rent, and are able to save considerable money on utilities as well, <br /> leaving them more money to spend on other basic necessities and on education <br /> for themselves and their children. <br /> 2. We will also be requesting approximately $120,000 in HOME funds for <br /> engineering, design, and some of the infrastructure costs for a new project in the <br /> Waterstone community in Hillsborough. We are in the process of planning for 18 <br /> new attached homes for seniors on land originally deeded to the Community <br /> Home Trust by the developer of Waterstone. The Home Trust will transfer the <br /> property to Habitat in the next few weeks. Affordable senior housing has been <br /> identified in the Consolidated Plan as one of the priority needs for the county, <br /> with an estimated 450 units of affordable senior housing needed. Habitat is <br /> excited to help address this need. We will be working with the Orange County <br /> Department on Aging and other senior housing experts to design the <br /> project. Infrastructure construction will begin in 2017 and the homes will be <br /> constructed in 2018. <br /> Thank you for your consideration of our request, and for your support for affordable housing in <br /> Orange County. <br /> In partnership, <br /> Susan Levy <br /> Executive Director <br /> Habitat for Humanity, Orange County, NC <br /> 88 Vilcom Center Dr., #L110 <br /> Chapel Hill, NC 27514 <br /> 919-932-7077x211; 919-697-1905 (mobile) <br /> Commissioner Dorosin said the area median income according to 2015 HUD guidelines <br /> for Orange County is $67,400. He said a family of four would be at 80% median incoming <br /> earning $53,900; 50% median income earning $33,700; and 30% median income earning <br /> $20,200. <br /> A motion was made by Commissioner Rich, seconded by Commissioner Pelissier to <br /> close the Public Hearing. <br /> VOTE: UNANIMOUS <br /> 6. Consent Agenda <br />