Agenda - 06-29-1992 - Laserfiche WebLink

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2 A- lead entity must also be designated for local program administration. (The administration required is very similar to management of Community Development programs.) The lead entity would also be responsible for submitting applications to the State for funding. The staff working group has suggested that Orange County serve as lead entity because of its experience in the Small Cities Community Development Block Grant Program. County housing staff is willing to accept this responsibility and will absorb any costs associated with program administration into the Housing /Community Development Department's existing budget. In order to proceed with this program, all elected bodies in the County must approve the HOME Agreement and a Resolution authorizing the Manager to sign the Agreement. This Agreement is binding for approximately five years and must contain other provisions which are outlined in the "Key Elements of a HOME Investment Partnership Program Consortium Agreement" included with this abstract. Carrboro officials will discuss this document during their June meeting. Chapel Hill and Hillsborough will consider the matter at their July meeting. Action is required from all localities by early July in order to meet the State application deadline. Additionally, the staff working group has developed a proposed program design for expenditure of HOME funds during this funding round. The proposed program is attached. All consortium member governments must approve this program proposal. Upon approval, the activities outlined in the plan will be included in our application for HOME funding from the State. RECOMMENDATION(S): The Manager recommends: 1) approval of the HOME Consortium Agreement with the accompanying Resolution; and 2) approval of the HOME Program Design.