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TW 11 a <br /> 51 <br /> � � <br /> RES - 2020 - 067 (0 <br /> RESOLUTION AWARDING FUNDS FOR THE 2020 <br /> ORANGE COUNTY AFFORDABLE HOUSING BOND PROGRAM <br /> BE IT RESOLVED , by the Orange County Board of Commissioners , upon <br /> recommendation by the Orange County Affordable Housing Advisory Board, approve the <br /> following awards for the 2020 Affordable Housing Bond Program : <br /> Center for Community Self-Help <br /> Funds will be allocated to the Center for Community Self-Help as a grant for development of <br /> 2200 Homestead Road, a mixed-income rental and homeownership development in Chapel Hill <br /> with 113 affordable units and four (4) market-rate units . Affordable units will be leased or sold <br /> to households earning less than thirty percent (30 %) and up to eighty percent ( 80 %) of the area <br /> median income . <br /> (Requested amount. $ 1 ) 500, 000) $ 19500 , 000 <br /> EmPOWERment, Inc . <br /> Funds will be allocated to EmPOWERment, Inc . as a grant for development of PEACH <br /> Apartments , a rental development with eight ( 8 ) units on Johnson Street in Carrboro . Units will <br /> be leased to households earning less than thirty percent (30 %) and up to sixty percent ( 60 %) of <br /> the area median income . <br /> (Requested amount.• $ 700, 000) $ 7009000 <br /> Habitat for Humanity of Orange County <br /> Funds will be allocated to Orange County Habitat for Humanity as a grant for development of <br /> Weaver ' s Grove, a mixed-income , mixed-use homeownership development in Chapel Hill with <br /> 100 affordable units and 136 lots to be sold for market-rate development . The 100 affordable <br /> homes will be sold to households earning between thirty percent (30 %) and eighty percent ( 80 %) <br /> of the area median income . <br /> (Requested amount.• $ 1 , 500, 000) $ 134 , 160 <br /> Interchurch Council Housing Corp <br /> Funds will be allocated to Interchurch Council Housing Corp as a grant for repair of the stairwell <br /> at Chase Park Apartments , an affordable rental property in Chapel Hill with 40 affordable units <br /> leased to households earning less than thirty percent (30 %) and up to sixty percent ( 60 %) of the <br /> area median income . <br /> (Requested amount. $ 1 ) 500, 000) $ 1659840 <br /> This is the 51h day of November, 2020 . i <br /> r <br /> Ti y Rch, .Ch <br /> ge C 'nty oard of Commissioners <br /> T <br /> of <br /> SEALS <br /> �Y Iw <br />