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ORANGE COUNTY <br />BOARD OF GOMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: May 3, 2005 <br />Action Agenda <br />Item No. q--~„ <br />SUBJECT: Orange County FY 2005 HOME Program Action Plan <br />DEPARTMENT: Housing/Community Dev <br />PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />Resolution <br />INFORMATION CONTACT: <br />Tara L, Fikes, ext 2490 <br />TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031 <br />PURPOSE: To adopt a resolution approving the proposed HOME Program Activities far 2005- <br />2006 and to authorize the Manager to implement the HOME Program as approved by the <br />BOCC including the ability to execute agreements with partnering non-profit organizations after <br />consultation with the County Attorney. <br />BACKGROUND: The U.S. Department of Housing and Urban Development has awarded the <br />Orange County HOME Consortium approximately $707,949 in 200.5-2006 HOME funds. The <br />match requirement for this amount is $159,287. Additionally, there is $111,660 in residual <br />funds from prior years, thus there is a total of $908,102 available for HOME Program activities <br />and $70,794 for program administration for a total budget of $978,896. <br />Eligible HOME Program activities include: acquisition; new construction; housing rehabilitation; <br />and rental assistance. A standard application form has been designed far agencies interested <br />in accessing HOME funds for local housing projects and organizations interested in obtaining <br />HOME funding were required to complete the application by February 28, 2005. A total of 12 <br />applications were received from local non-profit organizations requesting approximately <br />$1,236,000. <br />The HOME Program Review Committee comprised of an elected official from each local elected <br />board as well as the Manager or his representative reviewed applications for HOME Program <br />funding and developed the proposed HOME Program Design for the 2005-2006 Program Year, <br />The recommended program design is detailed in the attached resolution, <br />This recommendation reduces a total of three (3) applications for funding in the following <br />manner. <br />1. The Chrysalis Foundation requested a total of $200,000 to acquire property for a <br />permanent supportive housing project. The Committee recommends allocating an initial <br />