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40 <br /> AP-38 Project Summary <br /> Project Summary Information <br /> Project Name Habitat for Humanity—Second Mortgage Assistance <br /> Target Area County-wide <br /> Goals Supported HS-4 Home Ownership <br /> Needs Addressed Housing Priority <br /> Funding HOME: $285,000.00 <br /> Funds would be allocated to Orange County Habitat for Humanity to <br /> provide deferred payment zero-interest second mortgages for twelve <br /> (12) homes throughout Orange County. Homes will be sold to <br /> households earning between 30%and 65%of the area median income, <br /> 1 Description which is the "initial eligibility requirement". Homes may be sold to <br /> households earning up to 80%of the area median income when <br /> household income exceeds 65%of the area median income due to a <br /> wage increase during the construction period and prior to closing on <br /> the property. <br /> Target Date 7/30/2016 <br /> Estimate the number <br /> and type of families It is estimated that twelve (12) Households will benefit from this <br /> that will benefit from activity. <br /> the proposed activities <br /> Location Description <br /> Planned Activities The HUD Matrix Code is 13, Direct Homeownership Assistance. <br /> Project Name Rebuilding Together of the Triangle—Homeowner Repairs <br /> Target Area County-wide <br /> Goals Supported HS-1 Housing Rehabilitation <br /> Needs Addressed Housing Priority <br /> 2 Funding HOME: $50,000.00 <br /> Funds would be allocated to Rebuilding Together of the Triangle, Inc., <br /> to provide home repairs, accessibility modifications, and home <br /> performance upgrades to three (3) homes throughout Orange County <br /> Description <br /> for households earning up to 80%of the area median income. Eligible <br /> households are elderly, disabled or both. Home repairs, modifications <br /> or upgrades are required to meet State and local build codes. <br /> Annual Action Plan 31 <br /> OMB Control No:2506-0117(exp.07/31/2015) <br />