Orange County NC Website
8 <br /> 3) The schedule for release of Affordable Housing RFP's for use of$2.5 million in <br /> bond funds and eight (8) County-owned parcels for affordable housing <br /> development. <br /> Travis Myren made the following PowerPoint presentation: <br /> Affordable Housing <br /> Next Steps for Allocating Bond Funds and <br /> Surplus County Owned Land <br /> Board of Orange County Commissioners <br /> February 7, 2017 <br /> Objectives <br /> 1. Approve amended scoring criteria to include points for serving Orange County <br /> residents -Attachment 2 <br /> 2. Approve resolution authorizing the use of County owned parcels for affordable housing <br /> -Attachment 5 <br /> 3. Review and provide feedback on timeline for awarding bond funds through an Request <br /> for Proposal (RFP) Process - Attachment 6 <br /> Amended Scoring Criteria <br /> • Local Residency Preference <br /> — May not have a durational element <br /> — May add points to scoring criteria <br /> County Owned Land for Affordable Housing <br /> • Ten parcels identified as surplus to County needs <br /> o Eight parcels owned by Orange County <br /> o Two parcels conveyed to the Housing Authority by Orange County in 1992 <br /> — Housing Authority has approved disposition by RFP process <br /> • One parcel does not have ready access to water/sewer <br /> • Acquired by tax lien judgement or tax foreclosure <br /> • Resolution for Disposition <br /> — Authorizes Manager to Use 3 Disposition Options <br /> o Negotiated sale for affordable housing <br /> o Negotiated lease for affordable housing <br /> o Market rate sale with proceeds dedicated to affordable housing <br /> development <br /> — Disposition conditions <br /> o Affordability period <br /> o Safety <br /> Timeline for Requests for Proposal <br /> • Request for Proposals Process <br /> — Two RFP's <br /> • Bond funds <br /> • County owned property <br /> — Communication plan <br /> • Website, press release, targeted outreach, social media <br />