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8 <br /> 1 o DHIC Loan - $300,000 <br /> 2 o Rental Production Program - $1.0 million loan <br /> 3 o HOME loan - $154,000 <br /> 4 <br /> 5 Chair McKee clarified that the DHIC project was a Chapel Hill project, to which the <br /> 6 County contributed and asked if the County were to execute a similar project, would the County <br /> 7 absorb all the cost. <br /> 8 Travis Myren said The Town of Chapel Hill contributed land and was able to access <br /> 9 other funding sources to make up the difference. <br /> 10 Audrey Spencer Horsley, Housing, Human Rights and Community Development <br /> 11 Director, said tax credits were worth approximately $7.4 million. <br /> 12 Chair McKee asked if the County would pursue the private market to put up money in <br /> 13 order to acquire a tax credit, such as was done in the Eno Haven project. <br /> 14 Audrey Spencer Horsley said yes. <br /> 15 Travis Myren resumed the presentation. <br /> 16 <br /> 17 0 Example Projects — New Construction <br /> 18 • Habitat for Humanity: Tinnin Woods, Efland <br /> 19 9 out of 28 homes complete — 2015 <br /> 20 • Orange County also provided $125,278 in homeownership assistance <br /> 21 <br /> 22 Commissioner Price said the cost to the County is more in the Efland project than in <br /> 23 Chapel Hill, and asked if that is because Chapel Hill is giving land and has other partners. <br /> 24 Travis Myren said yes. <br /> 25 Commissioner Price asked if Orange County is putting in more money because of the <br /> 26 impact fee reimbursement. <br /> 27 Travis Myren said yes. He resumed the presentation: <br /> 28 <br /> 29 0 Example Projects — New Construction <br /> 30 • Habitat for Humanity: Phoenix Place, Chapel Hill, 2014 <br /> 31 • Orange County provided home ownership assistance to property owners <br /> 32 ($885,455) and impact fee reimbursement <br /> 33 <br /> 34 0 Example Projects —Acquisition <br /> 35 • EmPOWERment , Inc <br /> 36 o 2 BDR, 1 BA in the Northside Community in Chapel Hill <br /> 37 o October 2014 <br /> 38 o Acquisition and Rehabilitation - Duplex in Carrboro, May and August 2013 <br /> 39 <br /> 40 0 Special Needs — 250 units <br /> 41 • Target populations <br /> 42 o Residents with disabilities <br /> 43 o Older adults/Seniors <br /> 44 o Residents experiencing homelessness <br /> 45 o Victims of domestic violence <br /> 46 <br /> 47 • Potential examples <br /> 48 o New affordable units supportive services <br /> 49 o Repair and rehabilitation assistance <br /> 50 o Emergency shelter <br />