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10 <br /> 3. CASA 146.95 <br /> Project: Merritt Mill East- Chapel Hill <br /> Total Cost of Project: $1,808,025 <br /> Request: $646,200 <br /> Recommended: $636,533 <br /> Percent of Project Cost Requested: 35% <br /> Construction cost for twelve (12) rental apartments for households with incomes under 50% of <br /> AMI; with a priority for persons who are homeless and or disabled. Approximately eight (8) <br /> apartments will house persons with incomes under 30% of AMI and the remaining units will <br /> house persons with incomes under 50% of AMI. The preliminary site plan includes 2 12-unit <br /> buildings of 2 bedroom, 2 bath apartments with parking. The plan also allows for construction <br /> of a 12-unit building at a later second phase of construction. The Town of Chapel Hill has <br /> already awarded CASA $330,810 for the land costs and sewer extension. CASA applied for a <br /> special use permit in January, the property is under contract, they expect to begin construction <br /> 2018 and be ready for occupancy in 2019. <br /> 4. EmPOWERment 94.57 <br /> Project: 116 Cole Street, Chapel Hill <br /> Total Cost of Project: $211,300 <br /> Request: $211,300 <br /> Recommended: $211,300 <br /> Percent of Project Cost Requested: 100% <br /> Acquisition of a three bedroom, one bath single family home for a family between 30% and 50% <br /> of AMI. The house was renovated five ago and does not require extensive renovations. <br /> EmPOWERment will make any necessary updates and improvements to the house. <br /> 5. EmPOWERment 89.71 <br /> Project: 606 Bynum Street, Chapel Hill <br /> Total Cost of Project: $264,400 <br /> Request: $264,400 <br /> Recommended: $0 <br /> Percent of Project Cost Requested: 100% <br /> Acquisition of 2 separate houses: a three bedroom, one bath single family home and a two <br /> bedroom, 1 bath single family home. Both of these houses are for families between 30% and <br /> 50% of AMI. The houses are both fully renovated and ready for occupancy. <br /> 6. Center for Homeownership & EDC, Inc. Application Incomplete <br /> Project: <br /> Total Cost of Project: <br /> Request: <br /> Recommended: <br /> Percent of Project Cost Requested: <br /> 2 <br />