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Agenda - 04-21-20; 6-a - Proposed Orange County Five-Year Consolidated Plan, FY 2020-2021 Annual Action Plan, and FY 2020-2021 HOME Activities
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Agenda - 04-21-20; 6-a - Proposed Orange County Five-Year Consolidated Plan, FY 2020-2021 Annual Action Plan, and FY 2020-2021 HOME Activities
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4/17/2020 2:43:38 PM
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BOCC
Date
4/21/2020
Meeting Type
Business
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Agenda
Agenda Item
6-a
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Agenda 04-21-20 Virtual Business Meeting
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Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 04-21-20 Virtual Business Meeting
Minutes 04-21-2020 Virtual Business Meeting
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Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
RES-2020-023 Resolution authorizing the submission of the FY2020-2025 Consolidated Plan and FY 2020-2021 Annual Action Plan for HOME activities
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\Board of County Commissioners\Resolutions\2020-2029\2020
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9 <br /> Summary of Proposed FY 2020-2021 HOME Projects <br /> Habitat for Humanity CASA EmPOWERment <br /> Funding Request $390,000 $350,000 $200,00 <br /> Funding Award $94,138 $200,000 $56,228 <br /> Second mortgage Gap financing for Merritt Financing for 107 Johnson <br /> a 48 unit rental project <br /> Project Description assistance for Habitat home Mill, Street,an 8 to 10 unit <br /> buyers with some units set aside rental project <br /> for people with disabilities <br /> 9 units for households 9 units for households 2 units for households <br /> Income Targeting earning up to 50%AMI and earning up to 30%AMI and earning up to 3 0%AMI,7 <br /> 4 units up to 80%AMI 39 units for households units up to 50 oAMI,and <br /> earning up to 80%AMI 1 unit at 80%AMI <br /> Low-income seniors and None, but of their existing <br /> Population people with disabilities will People with disabilities will portfolio,48%of <br /> o <br /> Targeting be targeted in 2 units(15%) be targeted in 9 units(19%) residents are voucher <br /> holders <br /> Fairview community in Merritt Mill Road in Pine Knolls neighborhood <br /> Project Location Hillsborough and Northside <br /> Carrboro/Chapel Hill in Chapel Hill <br /> neighborhood in Carrboro <br /> Leveraging Total non-HOME project Total non-HOME project Total non-HOME project <br /> funding is$1.5 million funding is$8.6 million funding is$2.4 million <br />
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