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ORANGE MUNI? U ?3 <br /> D h••F Action Agenda <br /> Ac I ON AGENDA ITEM ABSTRACT Item 1`O'"! <br /> BEETING IZAmm, March 28, 1983 <br /> • <br /> Subject: Section 8 M derate Rehabilitation Program <br /> • <br /> Puukalyc Hear• : no <br /> De+.. '[Mien': D 1. y 1 I <br /> At - - t s : information Contact: Mary McAllister, <br /> yes Chapel Hill. Housing Authority <br /> Phone Number: 968-4556 <br /> PCTRP35E: For the Board to consider approving a resolution authorizing the execution <br /> of an Annual Contributions Contract for the Section 8 Moderate Rehabilitation <br /> Program. <br /> For the Boa ,d to consider authorizing the Chair to sign unexecuted copies of <br /> the amended Annual Contributions Contract for the Section 8 Moderate Rehabil- <br /> itation Program <br /> NEED: <br /> The resolution is required by HUD for the execution of the Annual Contribu- <br /> tions Contr pct. <br /> IMPACT: The amendment of the Annual Contributions Contract will adjust the number of <br /> allocated units, by bedroom size, from 100 to 97, and will reduce the funds avail- <br /> able for rental assistance payments in proportion to the reduction in allocated <br /> units. <br />