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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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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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BOCC
Date
4/4/2017
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
8h
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ATTACHMENT 1 <br /> 3 <br /> Nom CUM]sit <br /> HOUSING <br /> FINANCE <br /> AGENCY <br /> February 8,2017 <br /> Ms. Bonnie Hammersley, County Manager <br /> A self-supporting Orange County <br /> public agency PO Box 8181 <br /> Hillsborough,NC 27278 <br /> Scott Farmer Dear Ms. Hammersley: <br /> Executive Director <br /> I am pleased to inform you that your 2017 Essential Single-Family Rehabilitation Loan Pool <br /> (ESFRLP17) application proposing to serve Orange County has been conditionally approved by the <br /> Po Box 28066 Agency for a set-aside not to exceed$175,000. Under ESFRLP 17,those receiving conditional <br /> Raleigh,NC approval will be referred to as"ESFR Loan Pool Members"(Members)and may access additional <br /> 27611-8066 funds from a $2.575 million"ESFR Loan Pool"on a first come/first-served basis,after meeting <br /> certain thresholds. Applications were received from a variety of housing providers proposing to <br /> serve counties designated under ESFRLP17. Success in this competition reflects your <br /> 3508 Bush Street organization's commitment and capacity to help meet the housing needs in your service area. For <br /> Raleigh.NC that we congratulate you! <br /> 27609-7509 <br /> Enclosed is the ESFRLP17 Written Funding Agreement which has been signed by Michael <br /> Handley,Manager of Housing Rehabilitation. Please have the Chief Administrative Official <br /> 11 .9l9-877-5700 identified in the ESFRLP17 Application for Funding sign and return an electronic copy to the <br /> Agency no later than Ap ril 30,2017. Keep the original for your files. Within several days,you FAx.919-877-5701 <br /> .w ,.nchfa.com will receive a Post Approval Documentation packet(PAD)requesting some additional information <br /> including a copy of your ESFRLP17 Assistance Policy. Please do not begin work on your project <br /> until your Program Administrator has attended the required Administrators' Implementation <br /> Workshop,the PAD has been approved and you have executed a Funding Agreement. Detailed <br /> information on the workshops will be emailed directly to the Project Administrator and <br /> Rehabilitation Manager at a later date. <br /> An Agency staff person has been assigned to work with each Member as its single point of contact <br /> for all matters pertaining to ESFRLP17. We refer to them as "case managers" and charge each with <br /> assisting their assigned cases as needed to help ensure success in achieving the Program goals. <br /> Donna Coleman, Community Development Coordinator, will be your case manager for this project. <br /> Please do not hesitate to contact her any time you have questions, concerns or comments. Her <br /> telephone number is 919-981-5006. All ESFRLP17-related correspondence should be addressed to <br /> the case manager's attention. <br /> On behalf of the Agency, I congratulate you on your successful application. <br /> Sincerely, <br /> 0 <br /> Scott Farmer <br /> Executive Director <br /> cc: Audrey Spencer-Horsley,Director <br />
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