Agenda - 06-06-2017 - 5-a - Orange County Consolidated Plan – Annual Action Plan Update

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RES-2017-037 6 RESOLUTION AUTHORIZING THE ORANGE COUNTY FY 2017-2018 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 2017— 2018 HOME Program. Homeownership Assistance Funds would be allocated to Orange County Habitat for Humanity to provide deferred payment zero interest second mortgages for ten (10) homes throughout Orange County. Homes will be sold to households earning between 30 percent and 65 percent of the area median income. (Requested amount: $250,000) $250,000 Acquisition Funds would be allocated to EmPOWERment, Inc., for the acquisition of a single family property for lease to households earning 80% or less AMI. (Requested amount: $147,900) $ 82,000 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: $100,000) $ 33,680 Housing Rehabilitation 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: $65,900) $ 65,900 Program Administration $ 34,827 TOTAL FY 2017-2018 HOME PROGRAM FUNDS $466,407 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 this 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 June 2017 Mark Dorosin, Chair Orange County Board of Commissioners SEAL