Agenda - 04-04-2017 - 8-h - North Carolina Housing Finance Agency (NCHFA) – 2017 Essential Single-Family Rehabilitation Loan Pool (ESFRLP17) Award

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2 FINANCIAL IMPACT: This $175,000 award represents additional rehabilitation funds available in the community for the repair of substandard housing. The $40,000 matching funds have already been authorized by the Board in the FY 2016-17 budget. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable to this agenda item: • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary For residents to provide shelter, food, clothing and medical care for themselves and their dependents. The creation and preservation of affordable housing options helps to meet a basic need and advances economic self-sufficiency. • GOAL: CREATE A SAFE COMMUNITY The reduction of risks from vehicle/traffic accidents, childhood and senior injuries, gang activity, substance abuse and domestic violence. Affordable housing options allow individuals to reduce risks associated with being unhoused. • GOAL: FOSTER A COMMUNITY CULTURE THAT REJECTS OPPRESSION AND (INEQUITY The fair treatment and meaningful involvement of all people regardless of race or color; religious or philosophical beliefs; sex, gender or sexual orientation; national origin or ethnic background; age; military service; disability; and familial, residential or economic status. RECOMMENDATION(S): The Manager recommends that the Board 1. Approve the Essential Single-Family Rehabilitation Loan Pool (ESFRLP17) Funding and Written Agreement for Sub-recipients and authorize the County Manager to sign the agreement and any renewals of the Agreement; and 2. Adopt the Assistance Policy, Procurement Policy and Disbursement Policy for the 2017 Essential Single-Family Rehabilitation Loan Pool (ESFRLP17) Program funded by the North Carolina Housing Finance Agency and authorize the Chair to sign the Assistance Policy.