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REQUEST OF APPROVAL OF PARTICIPATION <br /> BY THE NORTH CAROLINA HOUSING FINANCE AGENCY <br /> A regular meeting of the Board of Commissioners (Governing Body) of the <br /> county (City, Town or County) of Oranr _ v , North <br /> Carolina, was held at 10:00 o'clock A. .H., on April 6 <br /> 1981, at the County Courthouse in Hillsborough <br /> North Carolina, the regular place of meeting. <br /> Present: Commissioner Anne Barnes presiding and, <br /> Commissioners Norman Gustaveson, Norman Walker, Richard Whitted and <br /> Don Willhoit <br /> —.- <br /> Absent: None <br /> * * * * * <br /> Commissioner Gustaveson introduced the following resolution <br /> which was read: <br /> RESOLUTION REQUESTING AND APPROVING THE PARTICIPATION OF THE NORTH <br /> CAROLINA HOUSING FINANCE AGENCY IN THE FINANCING OF, AND ADMINISTRA- <br /> - TION OF SECTION 8 FEDERAL HOUSING ASSISTANCE WITH RESPECT TO, A <br /> HOUSING PROJECT TO RE LOCATED IN THE County OF <br /> Orange , NORTH CAROLINA. <br /> BE IT RESOLVED BY THE Board of Commissioners (Governing Body) <br /> OF THE County (City, Town or County) OF_ Orange <br /> • " <br /> SECTION 1 • <br /> The participation of the North Carolina Housing Finance Agency (The Agency) in <br /> the financing of, and administration of Section 8 Federal housing assistance <br /> with respect to the proposed housing project for occupancy by persons and <br /> families of lower income (as defined by the Agency) described below and located <br /> at a .ortion of Lot 1 Tax Ma. 38 A• SR 1006 Orana- Gr. 1111.4 <br /> .4 mile NE of the elementary schorM <br /> ...—ddress) in the County (City, Town or County) <br /> of Orange is hereby requested and approved pursuant to <br /> CS. 122A-5(1): <br /> Description of Proposed Project: <br /> Fifty multi-family units of 100% Section 8 Housing: 48 two bed- <br /> room units and 2 three bedroom units <br />