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Policy - Orange County Assistance Policy for the 2017 Cycle of the Essential Single-Family Rehabilitation Loan Pool
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Policy - Orange County Assistance Policy for the 2017 Cycle of the Essential Single-Family Rehabilitation Loan Pool
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4/5/2017 8:55:54 AM
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BOCC
Date
4/4/2017
Meeting Type
Regular Meeting
Document Type
Policy
Agenda Item
8h
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Agenda - 04-04-2017 - 8-h - North Carolina Housing Finance Agency (NCHFA) – 2017 Essential Single-Family Rehabilitation Loan Pool (ESFRLP17) Award
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\Board of County Commissioners\BOCC Agendas\2010's\2017\Agenda - 04-04-2017 - Regular Mtg.
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two (2) alternates. Orange County will then submit to NCHFA an ESFRLP17 Loan <br /> Application and Reservation Request for each potential borrower for approval. <br /> Applicants not selected for ESFRLP assistance will be notified in writing. <br /> 6. Written agreement: A Homeowner Written Agreement, between the homeowner <br /> and Orange County, will be executed as part of the Loan Application and <br /> Reservation Request procedure (that formally commits funds to a dwelling unit). <br /> This agreement will certify that the property is the principal residence of the <br /> owner, that the post—rehab value of the property will not exceed 95% of the <br /> 203(b) limits established by HUD and defines the ESFRLP maximum amount and <br /> form of assistance being provided to the homeowner, the scope of work to be <br /> performed, the date of completion and the rehabilitation criteria and standards to <br /> be met. <br /> 7. Pre-rehab inspection & unit evaluation: Orange County's Rehabilitation <br /> Specialist will visit the home again for a more thorough inspection. All parts of the <br /> home must be made accessible for inspection, including the attic and crawlspace. <br /> The owner should report any known problems such as electrical short circuits, <br /> blinking lights, roof leaks, etc. Each unit will be evaluated for energy-saving <br /> opportunities such as air-sealing and duct-sealing as well as for environmental <br /> concerns, such as lead based paint hazards, radon and asbestos. <br /> 8. Work write-up: The Rehabilitation Specialist will prepare complete and detailed <br /> work specifications (known as the "work write-up"). A final cost estimate will also <br /> be prepared by the Rehabilitation Specialist and held in confidence until bids are <br /> received from contractors. <br /> 9. Lead and Other Testing: Orange County will arrange for a certified firm to <br /> inspect all the pre-1978 constructed homes for potential lead and asbestos <br /> hazards. All homes will be tested for radon. The owner will receive information <br /> covering the results of the tests and any corrective actions that will be needed as <br /> part of the rehabilitation. <br /> 10.Bidding: The work write-up and bid documents will be conveyed to all <br /> contractors from the Approved Contractors Registry who will be given no less <br /> than seven days in which to inspect the property and prepare bid proposals. <br /> Each contractor will need access to all parts of the house in order to prepare a <br /> bid. A bid opening will be conducted in the Orange County Housing, Human <br /> Rights and Community Development Department, located at 300 W. Tryon Street, <br /> Hillsborough, NC 27278, at a specified date and time, with all bidders invited to <br /> attend. <br /> 11.Contractor selection: Within 72 hours of the bid opening the winning bidders <br /> will be selected. All bidders and the homeowner will be notified in writing of 1) the <br /> selection of the winning bid, 2) the amount of the winning bid; 3) the amount of <br /> the County's cost estimate, and 4) the specific reasons for the selection, if other <br /> than the lowest bidder was selected. <br />
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