RES-2017-022 Revised Resolution Authorizing the OC FY 2016-17 HOME Program Design

Browse Search

IPgF LI- 96n RES-2017-022 l REVISED ORANGE COUNTY BOARD OF COMMISSIONERS RESOLUTION AUTHORIZING THE ORANGE COUNTY FY 2016-2017 HOME PROGRAM DESIGN BE IT RESOLVED, by the Orange County Board of Commissioners as a member of the Orange County HOME Consortium approves the following activities for the 2016-2017 HOME Program. Homeownership Assistance Funds will be allocated to Orange County Habitat for Humanity to provide deferred payment zero interest second mortgages for twelve (12) homes in the Fairview community in Hillsborough, the Northside Community in Chapel Hill and the Tinnin Woods subdivision in Efland-Cheeks Township. Homes will be sold to households earning between 30 percent and 65 percent of the area median income. (Requested Amount: $285,000) $285,000 Housing Rehabilitation Funds would be allocated to Rebuilding Together of the Triangle to provide critical repairs, accessibility modifications, and home performance upgrades to low-income homeowners throughout Orange County earning less than 80% of the area median income. (Requested amount: $50,000) $50,000 Funds will be allocated to the Orange County Housing, Human Rights and Community Development Department for housing rehabilitation. This program will provide rehabilitation to owner-occupied homeowners throughout Orange County earning less than 80% of the area median income. (Requested amount: $114,655) $114,655 Program Administration $30,854 TOTAL FY 2016-2017 HOME PROGRAM FUNDS $480,509 BE IT FURTHER RESOLVED,that the County Manager is hereby designated as the authorized representative of the County to act in connection with the submission of the Consolidated Plan Annual Action Plan and to provide such additional information as may be required by the U.S. Department of Housing and Urban Development. This the day of April 2017 Mark Dor sin, C Orange County Board of Commissioners SEAL