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4 <br /> <br />5. Public Hearings <br />NONE <br /> <br />6. Regular Agenda <br /> <br />a. Proposed Orange County Five-Year Consolidated Plan, FY 2020-2021 Annual <br />Action Plan, and FY 2020-2021 HOME Activities <br /> <br />The Board will consider: <br />1) Adoption of a Resolution approving the draft Five-Year Consolidated Plan for FY 2020- <br />2021 through FY 2024-2025 and FY 2020-2021 Annual Action Plan; <br />2) Adoption of a Resolution approving the proposed HOME Program Activities for FY 2020- <br />2021 and authorize the Chair to sign; and <br />3) Authorizing the County Manager to implement the HOME Program as approved by the <br />BOCC, including the ability to execute agreements with partnering nonprofit <br />organizations after consultation with the County Attorney and based on the allocation <br />received from HUD. <br /> <br />BACKGROUND: <br />Consolidated Plan and Annual Action Plan <br />Every five years, state and local governments (“Participating Jurisdictions”) that receive HOME <br />Investment Partnerships Program funds from the U.S. Department of Housing and Urban <br />Development (“HUD”) are required to complete a Consolidated Plan that assesses the housing <br />and community development needs of their jurisdiction, analyzes market conditions, and lays <br />out a strategic plan that identifies priority needs and associated goals and anticipated <br />allocations of federal and other funds. Additionally, Participating Jurisdictions must complete an <br />Annual Action Plan showing how they will work to fulfill the goals and address the priorities in <br />the Consolidated Plan in each program year. <br /> <br />The Orange County HOME Consortium (also called the Local Government Affordable Housing <br />Collaborative), consisting of the County and the Towns of Carrboro, Chapel Hill, and <br />Hillsborough, completed the Consolidated Plan and Annual Action Plan through extensive data <br />analysis and community engagement conducted in partnership with Apiary Community <br />Consulting and University of North Carolina researchers. <br /> <br />FY 2020-2021 HOME Program Activities <br />For FY 2020-2021, Orange County anticipates receiving the following HOME resources: <br />FY 2020-2021 <br /> <br />HOME Funds $ 374,851 <br />HOME Program Income $ 13,000 <br />Local Match (25% of HOME) $ 93,712 <br />Total $ 481,563 <br /> <br />The above amounts are estimates and may be adjusted according to the actual allocation <br />received from HUD. <br /> <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: