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RES - 2019 -042 <br /> RESOLUTION AUTHORIZING <br /> THE ORANGE COUNTY FY 2019 - 2020 HOME PROGRAM DESIGN <br /> BE IT RESOLVED , the Orange County Board of Commissioners , as a member of the <br /> Orange County HOME Consortium, approves the following activities for the FY 2019-2020 <br /> HOME Program . <br /> Second Morteage Assistance <br /> Funds will be allocated to Orange County Habitat for Humanity to provide deferred payment, <br /> zero interest second mortgages for six (6 ) homes in the Fairview Community in Hillsborough <br /> and Northside Neighborhood in Chapel Hill . Homes will be sold to households earning between <br /> thirty percent (30 % ) and eighty percent ( 80 % ) of the area median income . <br /> (Requested amount: $ 240, 000) $ 1813392 <br /> Acquisition <br /> Funds will be allocated to EmPOWERment , Inc . , for the acquisition of two (2 ) units for <br /> affordable rental purposes in the Hillmont Apartment Complex in the Town of Carrboro . The <br /> units will be leased to households earning 80 % or less of the AMI for Orange County . <br /> EmPOWERment will also receive $ 60 , 201 in FY 184 9 CHDO Set-Aside funds and therefore <br /> will receive a total award of $ 145 , 201 . <br /> (Requested amount.• $ 304, 800) $ 85 , 000 <br /> Countywide Tenant Based Rental Assistance <br /> Funds will be allocated to the Orange County Housing and Community Development <br /> Department for assisting persons experiencing homelessness under the Rapid Re - Housing <br /> Program , as well as the provision of general rental assistance County- wide for other eligible low <br /> income persons . <br /> (Requested amount: $ 141 , 004) $ 141 , 004 <br /> Program Administration $ 35 , 030 <br /> TOTAL FY 2019 -2020 HOME PROGRAM FUNDS <br /> $ 442 ,426 <br /> BE IT FURTHER RESOLVED , that the County Manager is hereby designated as the authorized <br /> representative of the County to act in connection with the submission of this plan and to provide <br /> such additional information as may be required by the U . S . Department of Housing and Urban <br /> Development . <br /> This is the 18th June , 2019 <br /> 17 P&IA" <br /> • 5� <br /> l Pe ich , Ch it <br /> 2 �t � � a �`� Or ge County oar of Commissioners <br /> SEAL <br />