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OTHER-2020-012 Orange County Assistance Policy Essential Single-Family Rehabilitation Loan Pool 2020
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OTHER-2020-012 Orange County Assistance Policy Essential Single-Family Rehabilitation Loan Pool 2020
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Last modified
10/23/2020 8:47:32 AM
Creation date
10/23/2020 8:43:37 AM
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BOCC
Date
10/20/2020
Meeting Type
Business
Document Type
Policy
Agenda Item
8-d
Document Relationships
Agenda 10-20-20 Virtual Business Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 10-20-20 Virtual Business Meeting
Agenda - 10-20-20; 8-d - North Carolina Housing Finance Agency (NCHFA) Urgent Repair Program (URP20) Award and Updates to ESFRLP20 Assistance Policy
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 10-20-20 Virtual Business Meeting
Minutes 10-20-2020 Virtual Business Meeting
(Message)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
OTHER-2020-011 Orange County Assistance Policy Urgent Repair Program 2020
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2020
OTHER-2020-013 Orange County Procurement and Disbursement Policy Urgent Repair and Housing Rehabilitation Programs
(Attachment)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2020
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r)CH <br /> ,,b C D <br /> ORANGE COUNTY HOUSING & COMMUNITY DEVELOPMENT <br /> dependent living at home , a Veteran , a large family with > 5 household members or a household <br /> with a child below the age of six with lead hazards in the home ) <br /> • Have home rehabilitation needs do not exceed the ESFRLP Program limit of $ 30 , 000 and must <br /> include all Essential Rehabilitation Criteria as described in the ESFRLP20 Administrator ' s Manual <br /> ( available online at www . nchfa . com ) . <br /> Unfortunately, not all homes can be rehabilitated to meet the Essential Rehabilitation Criteria with the <br /> limited funding available . Some otherwise - eligible households may be deemed ineligible for assistance <br /> because their homes fail this test . <br /> ESFRLP20 Income Limits * for Orange County <br /> Number in <br /> 80 % of Median <br /> Household <br /> 1 $ 50, 900 <br /> 2 $ 58 , 200 <br /> 3 $ 65 , 450 <br /> 4 $ 72 , 700 <br /> 5 $ 78 , 550 <br /> 6 $ 84, 350 <br /> 7 $ 90 , 150 <br /> 8 $ 96 , 000 <br /> *Income limits are subject to change based on annually published HUD HOME Limits and will be updated each year. <br /> This update will not require a re -approval of the governing authority. <br /> What Types Of Houses Are Eligible ? <br /> Properties are eligible only if they meet all of the following requirements : <br /> • The property must require at least $ 5 , 000 of improvements to meet ESFRLP Property Standards <br /> or the local minimum housing code . <br /> • Site - built and off frame modular units are eligible for assistance . Manufactured housing is <br /> eligible for assistance if the foundation and utility hookups are permanently affixed including <br /> removal of all transporting equipment ( e . g . , wheels, axles, tongue ) and installation of a full <br /> masonry foundation and tie - downs . <br /> • No more than fifty percent ( 50 % } of the total area of the unit may be used for an office or <br /> business ( e . g . , day care , hair salon , room rental , etc . ) . Program funds may only be used to <br /> improve the residential exterior, interior, and systems portion of mixed - use buildings . <br /> • The property must be free of environmental hazards and other nuisances as defined by all <br />
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