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Agenda - 03-02-2021; 8-e - Fiscal Year 2020-21 Budget Amendment #8
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Agenda - 03-02-2021; 8-e - Fiscal Year 2020-21 Budget Amendment #8
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2/25/2021 11:25:25 AM
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BOCC
Date
3/2/2021
Meeting Type
Business
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Agenda
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8-e
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Agenda for March 2, 2021 Virtual Business Meeting
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Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 03-02-2021 Virtual Business Meeting
Minutes 03-02-2021 Virtual Business Meeting
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\Board of County Commissioners\Minutes - Approved\2020's\2021
ORD-2021-006 Fiscal Year 2020-21 Budget Amendment #8
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Path:
\Board of County Commissioners\Ordinances\Ordinance 2020-2029\2021
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2 <br /> • GOAL: CREATE A SAFE COMMUNITY <br /> The reduction of risks from vehicle/traffic accidents, childhood and senior injuries, <br /> gang activity, substance abuse and domestic violence <br /> Housing and Community Development <br /> 2. The Department of Housing and Community Development has received additional funds <br /> of $36,817 from the Town of Carrboro. These funds will be used toward the County's <br /> Housing Stabilization efforts within the Community Development Fund. <br /> 3. The Orange County Housing and Community Development Department received <br /> notification from Housing and Urban Development (HUD) of the award of additional <br /> Administrative Funding in the amount of $94,255 for use toward the Section 8 Housing <br /> Choice Voucher Program. <br /> 4. The Orange County Housing and Community Development Department has received <br /> notification of $190,000 in grant funds from the North Carolina Housing Finance Agency <br /> (NCHFA) for the 2020 Essential Single Family Rehabilitation Loan Pool program. This <br /> program provides funds for moderate rehabilitation of homes for low-income homeowners <br /> who are elderly or have special needs. The required County match of $50,000 is being <br /> transferred from available funds in the Housing Rehabilitation Initiatives within the same <br /> Community Development Fund. This is a three-year grant period through June 30, 2023. <br /> This budget amendment establishes the following 2020 NCHFA Essential Single Family <br /> Rehabilitation Grant Project Ordinance: <br /> 2020 NCHFA Essential Single Family Rehab Grant— ($240,000) - Project#47461 <br /> Revenues for this project: <br /> Current FY FY 2020-21 FY 2020-21 <br /> 2020-21 Amendment Revised <br /> NCHFA Grant Funds $0 $190,000 $190,000 <br /> Orange County Match $0 $50,000 $50,000 <br /> Total Project Funding $0 $240,000 $240,000 <br /> Appropriated for this project: <br /> Current FY FY 2020-21 FY 2020-21 <br /> 2020-21 Amendment Revised <br /> 2020 NCHFA Essential Single $0 $240,000 $240,000 <br /> Family Rehabilitation Grant <br /> Total Costs $0 $240,000 $240,000 <br /> This budget amendment provides for the receipt of these funds for the purposes mentioned <br /> above. (See Attachment 1, column #2) <br />
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