Agenda - 03-04-1991 - Laserfiche WebLink

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V Donna L Dyer Executive Director Orange Community Housing Corporation Post Office Box 307 - 1 16B West Main Street - Carrboro; NC 27510-0307 March 4, 1991 Ms. Tara Fikes, Director Orange County Housing and Community Development Post Office Box 8181 Hillsborough, North Carolina 27278 Dear Ms. Fikes: Telephone: 919/967 -1545 FAX: 919/968 -4030 On behalf of the Board of Directors of Orange Community Housing Corporation (OCHC), I am writing to express our continued support of the Whitted Forest ro'ect in Hillsborough. Please submit this letter to the Commissioners at the Communiity Development Block Grant (CDBG) public hearing on March 4, 1991. In August, 1990, the OCHC Board provided funds to Orange Congregations in Mission (OCIM) to retain a consultant, as OCIM evaluated their participation in the project. In October, 1990, the OCHC Board expressed its support for Whiffed Forest in a letter to the N.C. Housing Finance Agency. Since I began work as Executive Director of OCHC in January, 1991, 1 have continued to provide technical assistance to OCIM in their work with MB Corporation as partners in Whitted Forest. The project addresses an important community need for affordable rental housing for families, and with 35 units, the project is at an appropriate scale for a community the size of Hillsborough. A loan from the CDBG program could fill the gap in the Whitted Forest financing package. In addition, repayment of these funds to Orange County could provide funds for future housing initiatives, such as those envisioned by OCHC. We encourage the Board of Commissioners to support the Whiffed Forest project with an application for CDBG funds. If we can provide further assistance or information, please contact OCHC at 967 -1545. Thanks for your continued support for affordable housing efforts in Orange County. Best regards, #Ww"01- Donna L. Dyer Executive Director