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<br /> <br /> <br />The application cycle opened on June 8, 2020 and closed on July 31, 2020. Four applications <br />were submitted, summarized below and in Attachment 2. <br /> <br />Weaver’s Grove (Habitat for Humanity): $817,080 <br />Community Partners: N/A <br />Funds will be used to assist with infrastructure and site improvement costs for Weavers Grove, <br />Habitat’s future development of 100 affordable homes off of Sunrise Road in Chapel Hill. Habitat <br />also plans to sell 136 finished lots to market-rate builders to develop entry-level homeownership <br />opportunities. The project’s vision is to create a thriving, mixed-income community of homes that <br />are aesthetically pleasing, architecturally integrated, and energy efficient. This would be the first <br />affordable housing development in this section of Chapel Hill. <br /> <br />Chase Park Apartments Stairwell Rehabilitation (InChuCo): $165,840 <br />Community Partners: N/A <br />Funds will be used to make critical repairs to 8 elevated stairwell landings between the upper <br />levels of the 4 residential buildings at Chase Park Apartments, a 45-year old complex home to <br />40 affordable units. The stairwell landings require immediate attention because of their <br />deteriorated condition. Further, heavy rainfall from Hurricanes Michael and Florence damaged <br />the road and now the creek-side lane is closed. However, HUD will not endorse a loan to repair <br />the only road into and out of the complex until the stairwell landings are replaced. The complex’s <br />estimated remaining useful life is estimated to be at least an additional 40 years barring any <br />natural disasters <br /> <br />PEACH Apartments (EmPOWERment, Inc.): $700,000 <br />Community Partner(s): Pine Knolls Community Center <br />Funds will be used to construct 8 affordable rental apartments in the Northside Neighborhood <br />Conservation District at the location of the former Pine Knolls Center. This project will produce a <br />mixed-income, multigenerational apartment building that will honor the historical culture of this <br />neighborhood. <br /> <br />2200 Homestead Road (Center for Community Self-Help): $817,080 <br />Community Partner(s): CASA, Community Home Trust, Habitat for Humanity <br />Funds will be used to develop infrastructure and site improvements at 2200 Homestead Road to <br />prepare individual parcels for construction of approximately 117 affordable rental and affordable <br />homeownership units. Site development includes demolition of an existing vacant building, site <br />grading and paving, installing water, sewer, and storm water infrastructure, and construction of <br />community amenities, such as greenways, open spaces, sidewalks, outdoor seating, community <br />garden, basketball court, and landscaping throughout the site. <br /> <br />Applicant Funding Request <br />Center for Community Self-Help $ 1,500,000 <br />EmPOWERment, Inc. $ 700,000 <br />Habitat for Humanity of Orange County $ 1,500,000 <br />Interchurch Council Housing Corp $ 165,840 <br />Total $ 3,865,840 <br /> <br />The Affordable Housing Advisory Board (AHAB) reviewed the applications for the 2020 <br />Affordable Housing Bond Program on August 18, 2020 and scored the applications using the <br />evaluation scorecard approved by the Commissioners earlier this year (see Attachment 3). <br />2