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2 <br /> for the referenced properties have been paid and the homes were purchased and are occupied <br /> by qualifying low-income families. <br /> INCOME ELIGIBILITY <br /> Family # Annual Family Size % of AMI * <br /> Income <br /> 1 $31,931 2 <60% <br /> 2 $20,006 1 <50% <br /> 3 $34,498 4 <60% <br /> 4 $38,214 4 <60% <br /> 5 $36,721 6 <50% <br /> 6 $34,584 4 <60% <br /> 7 $20,800 4 <50% <br /> 8 $22,848 2 <50% <br /> 9 $33,540 3 <60% <br /> 10 $25,126 3 <50% <br /> 11 $21,612 2 <50% <br /> 12 $22,848 2 <50% <br /> 13 $41,052 3 <80% <br /> 14 $56,401 6 <80% <br /> 15 $40,555 4 <80% <br /> *Based on the 2015 HUD Area Median Income for Orange County(Durham-Chapel Hill Metro Area) <br /> FINANCIAL IMPACT: During the County's budget formulation, local non-profit affordable <br /> housing providers have submitted estimates of the anticipated need for impact fee <br /> reimbursements. The County has budgeted money for reimbursements based on these <br /> estimates. This reimbursement process enables non-profits to pay impact fees without passing <br /> the costs on to the prospective low income renters or homebuyers. Agencies benefiting from <br /> such reimbursements include Habitat for Humanity, Community Home Trust and The Arc of <br /> Orange. <br /> The current balance in the FY2015-2016 Impact Fee Reimbursement budget is $175,000. An <br /> expenditure of$84,345 would leave a balance of $90,655. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable <br /> to this item: <br /> • GOAL: FOSTER A COMMUNITY CULTURE THAT REJECTS OPPRESSION AND <br /> INEQUITY <br /> The fair treatment and meaningful involvement of all people regardless of race or color; <br /> religious or philosophical beliefs; sex, gender or sexual orientation; national origin or <br /> ethnic background; age; military service; disability; and familial, residential or economic <br /> status. <br />