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11 Local Government Affordable Housing Collaborative, anticipates the following Federal financial 1 resources: 2 FY 2018 HOME Funds: $289,693.00 3 HOME Program Income: $ 13,306.00 4 HOME Match: $ 65,181.00 5 Total $368,180.00 6 The above amounts are estimates only and may be adjusted according to the allocation 7 received from HUD. 8 9 Renee Holmes, Housing Programs Coordinator, reviewed the following information: 10 The HOME Consortium, known as the Orange County Local Government Affordable Housing 11 Collaborative, comprised of one (1) elected official and staff members from Orange County, the 12 Town of Carrboro, Town of Chapel Hill and Town of Hillsborough reviewed the applications 13 received and made recommendations regarding funding for consideration by local elected 14 officials in May 2018 as follows: 15 16 Community Home Trust - Homeowner Assistance $ 60,000.00 17 Empowerment, Inc. – Rental Acquisition $145,000.00 18 Habitat for Humanity –Homeownership $ 60,000.00 19 Inter-Faith Council for Social Services (IFC) – Rapid Re-Housing and 20 General Tenant-Based Assistance $ 25,000.00 21 Orange County – Housing Rehabilitation $ 49,211.00 22 Administration $ 28,969.00 23 Total $368,180.00 24 25 Commissioner McKee asked if any of the approved funds reverted back in the past year, 26 due to un-use. 27 Sherrill Hampton said there was one reversion of approximately $20,000 to HOME this 28 past summer, but that was on older projects. 29 Commissioner McKee said he would like to see that all funds are used, so there is none 30 left to revert back. 31 Commissioner Price asked if the housing rehabilitation for Orange County is part of the 32 urgent repair program. 33 Sherrill Hampton said staff is looking at the broad category of housing rehabilitation, 34 which includes urgent repair. She said this program is for the elderly or handicapped, and goes 35 up to $8000 per unit. She said there is a state grant, as well as local funds provided by the 36 BOCC. 37 Commissioner Price asked if the funds being requested are a part of this program. 38 Sherrill Hampton said no, these are HOME funds, which can be used for rehab as well 39 as acquisition, second mortgage, and homebuyer assistance. She said these funds remained 40 after their projects; and due to the enormous housing rehab needs on existing, older housing 41 stock, staff is asking the BOCC if the remaining $49,000 can be used. 42 Commissioner Jacobs said he has previously heard concerns raised that the County’s 43 urgent repair fund is not very nimble, and that there is a long waiting list. 44 Sherrill Hampton said this is true, and she and her team are working on that going 45 forward. She said in the coming year, there will be changes to this process. She said many 46 homes that come in for urgent repair end up having code violations, which delay the process. 47 48 The FY 2018-2019 Annual Action Plan will be submitted to HUD on or before May 15, 2018. 49