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2 <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 /> 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 /> 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 /> 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 /> 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 /> 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 Cor $ 165,840 <br /> Total $ 3,865,840 <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 />