Agenda - 05-01-2001-5b - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS RESOLUTION AUTHORIZING THE ORANGE COUNTY 2001-2002 HOME PROGRAM DESIGN BE IT RESOLVED, by the Orange County Board of Commissioners, that the Commissioners as a member of the Orange County HOME Consortium approve following activities for the 2001-2002 HOME Program. New Construction Funds would be allocated to Orange Community Housing Corporation, an approved Community Housing Organization (CHDO) to assist in the construction of thirty-two (32) townhouses in the Meadowmont development. (Requested amount: $80,000) $80,000 Funds would be allocated to Habitat for Humanity, an approved Community Housing Organization (CHDO) to assist th the construction of one single family dwelling in Carrboro. (Requested amount: $20, 000) $20,000 Funds would be allocated to Residential Services, Inc. with the construction of a continuing care facility that will provide housing and services for 15 senior citizens with developmental disabilities. (Requested amount: $212,500) $100,000 Prop~y Acquisition Funds would be used to assist the Orange-Person_Chatham Mental Health Agency acquire, and if necessary, rehabilitate houses in Orange County for rental occupancy by County residents with disabilities. (Requested amount: $100,000) $58,625 Funds would be allocated to Orange Community Housing Corporation/Community Land Trust in Orange County to acquire a lot in Carrboro for future building purposes. (Requested amount: $30, 000) $30,000 Funds would be allocated to EmPOWERment, Inc. to assist in the purchase of five (S) rental units for lease to low income families with incomes at 50% and below of median income. (Requested amount: $S0, 000) $50,000 Funds would be allocated to the Town of Carrboro to assist in their efforts to acquire approximately purchase condominiums for lease to low income families with incomes at 50% and below of median income. (Requested amount: $135,000) $135,000 Homebnyer Assistance Funds would be allocated to EmPOWERrrient, Inc. to provide deferred second mortgages to first-time hornebuyers with incomes below SO% of median income. (Requested amount: $100,000) $ 69,750 Program Administration $48,300 TOTAL PROGRAM FUNDS $ 591,675 BE IT FURTHER RESOLVED, that the Manager is hereby designated as the authorized representative of the County to act in connection with the submission of this plan and to provide such additional information as may be required by the U.S. Department of Housing and Urban Development. This the 1st day of May 2001.