Orange County NC Website
Orange County, North Carolina <br /> ORANGE COUNTY <br /> HOME Consortium NORTHCAROLINA <br /> FY 2020 - 2021 <br /> • Annual Action Plan Summary <br /> Annual Goals and Objectives <br /> Goal Name Start End Category Needs Addressed Funding Goal Outcome <br /> Year Year Indicator <br /> 1 Rental 2020 2024 Affordable Housing for People HOME: Rental units <br /> Construction Housing Experiencing Homelessness $256,228 constructed: 56 <br /> Homeless Housing for Low-and Household Housing <br /> Non- Moderate-Income Unit <br /> Homeless Households <br /> Special Integrated Housing for <br /> Needs People with Service Needs <br /> 2 Home Buyer 2020 2024 Affordable Housing for Low-and HOME: Direct Financial <br /> Assistance Housing Moderate-Income $94,138 Assistance to <br /> Households Homebuyers: 3 <br /> Households Assisted <br /> Projects <br /> # Project Name Description <br /> 1 Habitat for Funds will be allocated to Habitat for Humanity of Orange County to provide deferred <br /> Humanity—Home payment,zero interest second mortgage loans for an estimated three newly constructed <br /> Buyer Assistance homes in the Fairview community in Hillsborough and the Northside neighborhood in <br /> Carrboro/Chapel Hill. <br /> 2 CASA—Rental Funds will be allocated to CASA as gap financing for a 48-unit rental community on Merritt Mill <br /> Construction Road in Carrboro/Chapel Hill. Five of these units will be considered HOME-assisted (based on <br /> the proportion of HOME funds to total funding in the project). Nine units total will be set aside <br /> for people with disabilities,with priority for people experiencing homelessness. <br /> 3 EmPOWERment— Funds will be allocated to CASA as a predevelopment loan an 8-to 10-unit rental community <br /> Rental on Johnson Street in Chapel Hill. <br /> Construction <br /> (Predevelopment) <br /> Affordable Housing <br /> One Year Goals for the Number of Households to One Year Goals for the Number of Households <br /> be Supported Supported Through <br /> Homeless 0 Rental Assistance 0 <br /> Non-Homeless 50 The Production of New Units 56 <br /> Special-Needs 9 Rehab of Existing Units 0 <br /> Total 59 Acquisition of Existing Units 5 <br /> Total 59 <br />