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17 <br /> quickly, within the first two years, and the composition of the neighborhood can remain the <br /> same. <br /> Craig Benedict said the interlocal agreement covers the low to moderate income <br /> families, and asked if Commissioner Dorosin wants more information about the 10-year loan, <br /> and if there could be provisions regarding owners staying in the homes. He said this would be a <br /> policy regarding the 10-year, no interest loan. <br /> Commissioner Dorosin said yes, and he wants to think more about all of this, and find <br /> ways to reduce or remove the burden of the loan. <br /> Commissioner Dorosin asked if the cut off for low to moderate income in Orange County <br /> could be identified. <br /> Craig Benedict said the Housing Department would evaluate the criteria. <br /> Sherrill Hampton said it depends on the number of people in a household, and she can <br /> send the Board the current table tomorrow. She said the new income limits will come out in <br /> June 2019. <br /> Commissioner Dorosin asked if the estimate of the cost per house includes a flat fee that <br /> gets paid to OWASA. <br /> Craig Benedict said the fee is based on the house size, and some changes have been <br /> made to make it less money for the smaller house. <br /> Commissioner Dorosin clarified that it is not based on the income of the resident. <br /> Craig Benedict said no. <br /> Commissioner Dorosin said lowest amount is $3000, and about a 1/3 of the estimated <br /> costs are just fees getting paid to OWASA. He said this is counterintuitive and <br /> counterproductive. <br /> Commissioner Dorosin asked John Roberts if the Board is legally prohibited from <br /> assisting residents that are not low to moderate income. <br /> John Roberts said no, the Board is not legally prohibited, but if the Board sets up a <br /> program to benefit a small group of people in this area, who do not qualify as low to moderate <br /> income, then the program would have to be available to every other similarly situated person in <br /> the County. <br /> Commissioner Dorosin asked if the Board could declare this area an economic <br /> redevelopment district. <br /> John Roberts said he would have to research this. <br /> Commissioner Dorosin said he would like to keep this community intact, and he would <br /> appreciate any tweaking on this. He said he is very grateful for, and encouraged by, all the <br /> work that has been done so far. <br /> Commissioner Marcoplos asked if the low and moderate income is regulated by a <br /> federal formula, and if the BOCC satisfied that this formula is accurate within the local economy. <br /> Sherrill Hampton said it is a federal formula, and since the limits are high, it is within the <br /> local limits. She said this is especially true of the federal programs. <br /> Commissioner Marcoplos asked if those who are not low to moderate income, according <br /> to the formula, but in reality may be low to moderate income, will still qualify for help; will this <br /> catch everyone who really needs help. <br /> Sherrill Hampton said she would prefer not to answer because there are some people <br /> who fall so closely above the cut off point, and thus may fall through the cracks. She said the <br /> limits are high in Orange County, and she will forward this information as soon as possible. She <br /> said these limits are expected to increase again with the 2019 numbers, which would qualify <br /> more people as eligible for help. <br /> Chair Rich asked if the Board were to proceed with the proposed incentives, suggested <br /> by Commissioner Dorosin, would the item bounce back to Chapel Hill and Carrboro. <br />