Orange County NC Website
5 <br /> 8. At an October 7, 2014 meeting, the Board of Commissioners approved an amended <br /> Assistance Policy related to a 2014 Single Family Rehabilitation Loan Pool award in <br /> the amount of$170,000. However, a budget amendment for the acceptance and <br /> receipt of the award was never approved and processed. This budget amendment <br /> provides for the receipt of the $170,000 for the repair of substandard housing. (See <br /> Attachment 1, column 8, Community Development Fund— Single Family Housing <br /> Rehabilitation Program) <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is <br /> applicable to this agenda item: <br /> • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY <br /> The creation and preservation of infrastructure, policies, programs and funding <br /> necessary for residents to provide shelter, food, clothing and medical care for <br /> themselves and their dependents. <br /> FINANCIAL IMPACT: Financial impacts are included in the background information above. <br /> This budget amendment provides for the receipt of these additional funds and increases the FY <br /> 2016-17 General Fund budget by $58,631, the annual Grant Fund budget by $8,000, and <br /> Community Development Fund by $170,000. <br /> RECOMMENDATION(S): The Manager recommends the Board of approve budget and grant <br /> project ordinance amendments for fiscal year 2016-17. <br />