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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> Item No.V-EV <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 2 , 1990 <br /> SUBJECT: Annual Contributions Contract/Section 8 Certificate Program <br /> DEPARTMENT: Housing/Community Dev. PUBLIC HEARING YES: NO: x <br /> ATTACHMENT(S) : INFORMATION CONTACT: Tara L. Fikes <br /> HUD Resolution <br /> Annual Contributions Contract TELEPHONE NUMBER- <br /> Hillsborough - 732-8181 <br /> Chapel Hill - 968-4501 <br /> Mebane - 227-2031 <br /> Durham - 688-7331 <br /> PURPOSE: To adopt a resolution authorizing execution of a Annual <br /> Contributions Contract for the Section 8 Existing <br /> Certificate Program. <br /> BACKGROUND: The County presently administers the Section 8 Existing <br /> Certificate Program for 388 families in Orange County. <br /> Authority to administer this program is provided through <br /> an agreement with HUD known as an Annual Contributions <br /> Contract (ACC) and allows the County to provide housing <br /> assistance payments to eligible participants according to <br /> HUD regulations. <br /> Our present ACC expires July, 1991 , however, the term of <br /> the ACC is being extended to August 1992, thereby, giving <br /> the County an additional year of contract/budget authority. <br /> The total budget authority for the term ending August 1992 <br /> is $1 , 571 , 572 . In order to accept this extended term, it is <br /> necessary to execute another ACC with HUD. <br /> RECOMMENDATION(S) : <br /> Adopt the resolution authorizing the Chair to sign the <br /> Annual Contributions Contract for the Section 8 Existing <br /> Certificate Program on behalf of the County. <br />