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14 <br />Exhibit C <br />Prepared by and return to: Anne Marie Tosco, Orange County Attorney’s Office: <br />P.O. Box 8181; Hillsborough, NC 27278 <br />DECLARATION OF RESTRICTIVE COVENANTS <br />THIS DECLARATION OF RESTRICTIVE COVENANTS (Declaration), dated <br />________________, by Habitat for Humanity of Orange County, NC, Inc. for itself and its <br />successors and assigns (“Owner”), is given as a condition precedent to the award of Orange <br />County HOME Investment Partnership Program funds. <br />RECITALS: <br />WHEREAS, the Orange County HOME Consortium has designated $211,830in FY 2017- <br />18 HOME funds to provide funding for second mortgage funding for eleven(11) newly constructed <br />homes located in Orange County in the Fairview Community in Hillsborough and Tinnin Woods <br />subdivision in Efland which are hereinafter designated collectively as “the Property” or “the <br />Properties”; and <br />WHEREAS, Orange County is the lead entity of the Orange HOME Consortium, so <br />designated in an agreement dated July 1, 2011, and as such is the lead entity in a representative <br />capacity for all members of the Orange HOME Consortium for the purposes of carrying out the <br />HOME Program in accordance with the Title II of the Cranston-Gonzalez National Affordable <br />Housing Act (Pub. L. 101-625), (42 U.S.C. 3535(d.) et.seq.) (hereinafter referred to as the "Act"), <br />and as further defined in the Federal Program Requirements provided by the U.S. Department of <br />Housing and Urban Development; and <br />WHEREAS, Habitat is constructing the housing units on the Properties for first-time <br />homebuyers earning between 30% and 65% of HUD area median income described in Habitat’s <br />FY 2017-18 Application for Funding, Orange County HOME Program dated, January 31, 2017 <br />which is hereby incorporated into this Agreement as if written herein, and hereafter referred to as <br />“The Project.” A copy of the 2017-18 HOME Program Applications are on file in the office of <br />the Orange County Housing and Community Development Department; and <br />DocuSign Envelope ID: 12C19140-2C02-498E-AD84-772B4830D31B