Orange County NC Website
Browse       Search
3 <br />- _~ <br />r <br />~ ~., <br />. . <br />i' . <br />~• <br />~~ 1 <br />i --- ~ <br />~- ~- _- =~ <br />ORANGE <br />COMMUNITY <br />HOUSING & <br />LAND TRUST <br />Board of Directors <br />Maz•ceia Blake <br />Chair <br />Gary Giles <br />Vice Chair <br />Gordon Merklein <br />Secretary <br />Jim Tzrcker <br />Treasurer <br />Mmy Bratsch <br />John Cooper <br />Laurin Easthom <br />Sabrina Farrar <br />Valerie Foushee <br />Michael Hansen <br />Dwayne Pinkrzey <br />Mazy Jean Seyda <br />Alex Zaffi•on <br />Robert Dowling <br />Executive Director <br />Funding Provided by: <br />Town of Chapel Hill <br />Orange Couzzty <br />Town of Cm•rboro <br />Town of Hillsborough <br />PO Box 307 <br />104 Jones Ferry Road <br />Suite C <br />Carrboro, NC 27510 <br />919.967.1545 <br />Fax 919.968.4030 <br />www.ochlt.org <br />Apri124, 2007 <br />Chair Moses Carey and the Board of County Commissioners <br />Orange County <br />Re: Modification of Subsidy Guidelines <br />Dear Chair Carey and Board Members: <br />I would like to ask the Commissioners to modify the subsidy requirement that <br />beneficiaries of HOME funds or County bond funds must either live or work in <br />Orange County for one year prior to being eligible to receive such subsidies. We <br />make this request because not all Land Trust properties are equally desirable; some <br />homes sell very quickly while others take many months to sell. If the <br />Commissioners would allow the County Manager to waive this requirement based <br />on specific circumstances, it would remove one of the barriers to re-selling Land <br />Trust properties. <br />At this time we have two Legion Road properties to re-sell, one of which we have <br />owned since October 2006. We recently had anincome-eligible individual willing to <br />purchase one of these units but he has only lived in Orange County since August <br />2006. We hope to have this home sold long before August 2007 since we are paying <br />the homeowner association dues, property taxes and utilities. In this instance, where <br />a home has been on the market for six months, it would be helpful to the success of <br />the model to allow us to sell it without concern for the live/work requirement. <br />As the Board knows, the Land Trust faces many challenges, and as our inventory of <br />homes grows, re-selling Land Trust properties occupies more and more of our <br />limited staff resources. Allowing us to sell properties after a certain timeframe or <br />with the Manager's approval, without meeting the live/work requirement, would <br />allow us to better serve our current homeowners. <br />Thank you for your consideration of this request. <br />Sincerely, <br />Robert Dowling <br />Executive Director <br />cc: Ms. Laura Blackmon, County Manager <br />