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2 <br /> FY 2020-2021 HOME Program Activities <br /> For FY 2020-2021, Orange County anticipates receiving the following HOME resources: <br /> FY 2020-2021 HOME Funds $ 374,851 <br /> HOME Program Income $ 13,000 <br /> Local Match 25% of HOME $ 93,712 <br /> Total $ 481,563 <br /> The above amounts are estimates and may be adjusted according to the actual allocation <br /> received from HUD. <br /> The HOME Consortium, comprised of one (1) elected official and staff members from Orange <br /> County and the Towns of Carrboro, Chapel Hill, and Hillsborough, reviewed the received <br /> applications for the FY 2020-2021 HOME Program on March 26, 2020 and made the following <br /> funding recommendations for consideration by each of the jurisdictions' elected bodies: <br /> Habitat for Humanity — Homeownership Assistance $ 94,138 <br /> CASA— Rental Development $ 200,000 <br /> EmPOWERment — Rental Development $ 56,228 <br /> Local Match — Rental Assistance $ 93,712 <br /> Administration $ 37,485 <br /> Total $ 481,563 <br /> The above amounts may still be adjusted according to the actual allocation received from HUD. <br /> In accordance with the Orange County HOME Consortium Agreement, approved in May 2011, <br /> the HOME Program Design for each year must be approved by all jurisdictions prior to submission <br /> to HUD. The HOME Program Design is scheduled for approval by the: <br /> • Town of Carrboro on April 21, 2020; <br /> • Town of Chapel Hill on April 22, 2020; and <br /> • Town of Hillsborough on May 11, 2020. <br /> The Board of Commissioners is therefore asked to consider approval of the attached HOME <br /> Program Design Resolution. <br /> The Consolidated Plan and FY 2020-2021 Annual Action Plan must be submitted to HUD on or <br /> before May 15, 2020. <br /> HOME Program Implementation <br /> After approval of the FY 2020-2021 HOME Program Design by all Consortium participants, <br /> authorization is requested to allow the Orange County Manager, based on the HUD allocation <br /> received, to execute agreements with partnering nonprofit organizations as necessary to <br /> implement the approved HOME Program Design. All agreements will be reviewed and approved <br /> by the County Attorney's Office. <br /> FINANCIAL IMPACT: There are no financial impacts anticipated with this item. <br /> 2 <br />