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OTHER-2021-006 Orange County Assistance Policy Essential Single-Family Rehabilitation Loan Pool 2020
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OTHER-2021-006 Orange County Assistance Policy Essential Single-Family Rehabilitation Loan Pool 2020
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Last modified
3/3/2021 1:57:58 PM
Creation date
3/3/2021 1:55:53 PM
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BOCC
Date
3/2/2021
Meeting Type
Business
Document Type
Others
Agenda Item
8-f
Document Relationships
Agenda - 03-02-2021; 8-f - Updates to the Assistance Policies for the 2020 NC Housing Finance Agency Urgent Repair Program and Essential Single-Family Rehabilitation Loan Pool
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 03-02-2021 Virtual Business Meeting
Agenda for March 2, 2021 Virtual Business Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 03-02-2021 Virtual Business Meeting
OTHER-2021-007 Orange County Assistance Policy Urgent Repair Program 2020
(Attachment)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2021
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n4�CHCD <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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