Orange County NC Website
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />46 <br />47 <br />48 <br />49 <br />50 <br />33 <br />FY 2018 HOME Funds $401,340.00 <br />HOME Program Income $ 13,306.00 <br />HOME Match $ 90,302.00 <br />Total $504,948.00 <br />The above amounts are estimates only and may be adjusted according to the exact allocation <br />received from HUD. <br />Given the proposed increase in HUD HOME funds to be received, the HOME Consortium, <br />comprised of one (1) elected official and staff members from Orange County, the Town of <br />Carrboro, Town of Chapel Hill and Town of Hillsborough, reviewed the received applications on <br />May 22, 2018 and again on June 14, 2018 as it relates to the proposed FY 2018 -2019 HOME <br />funds and made the following revised recommendations regarding funding for consideration by <br />each of the Consortium member jurisdictions' elected bodies as follows: <br />Community Home Trust - Homeowner Assistance $ 60,000.00 <br />Empowerment, Inc. — Rental Acquisition $145,000.00 <br />Habitat for Humanity — Homeownership $ 60,000.00 <br />FY 2018 -2019 CHDO Set -Aside Activities $ 60,201.00* <br />Orange County — Countywide TBRA, including assistance for the Rapid <br />Re- Housing Program <br />$139,613.00 <br />Administration $ 40,134.00 <br />Total $504,948.00 <br />( *- Denotes Orange County HOME Consortium's CHDO Set - Aside) <br />The requested amounts above may still be adjusted based on the exact allocation the HOME <br />Consortium receives from HUD. <br />While HOME funds will not be used in FY 2018 -2019 to undertake single - family housing <br />rehabilitation activities, Orange County will provide local funding for single - family housing <br />rehabilitation activities as the need for low income owner - occupied rehabilitation was identified <br />in the 2015 -2019 Consolidated Plan and subsequent Annual Action Plans. <br />In accordance with the Orange County HOME Consortium Agreement, approved in May <br />2011, the HOME Program Design for each year must be approved by all jurisdictions prior to <br />submission to HUD. The HOME Program Revised Design is scheduled for approval by the <br />Town of Carrboro on June 19, 2018 and staff believes the Town of Chapel Hill will consider this <br />item on June 27, 2018. The Town of Hillsborough will adopt the HOME <br />Program Revised Design on June 25, 2018. The Board of County Commissioners (BOCC) is <br />therefore asked to consider approval of the attached revised HOME Program Resolution. <br />The FY 2018 -2019 Revised Annual Action Plan will be submitted to HUD on or before July 2, <br />2018. <br />HOME Program Implementation <br />After approval of the FY 2018 -2019 Revised HOME Program Design by all Consortium <br />participants, authorization is also requested to allow the Orange County Manger, based on the <br />HUD allocation received, to execute agreements with partnering non - profit organizations as <br />