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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 /> before beginning work. Orange County ESFRLP Program staff will closely monitor the contractor <br /> during the construction period and local Code Enforcement Officials will inspect the work. To <br /> protect personal property the homeowner will be responsible for working with the contractor <br /> toward clearing work areas of personal property as needed as much as practicable.The <br /> contractor will be responsible for all clearing and cleaning activities necessary due to <br /> construction activities. <br /> 14. Change Orders:All changes to the scope of work must be approved by the owner,the <br /> contractor,the Orange County Rehabilitation Specialist, and reduced in writing as a contract <br /> amendment ("change order").The owner, contractor and two Orange County personnel must <br /> execute any change order agreements to the construction contract. <br /> 15. Progress payments:The contractor is entitled to request up to three (3) partial payments and a <br /> final payment. When a payment is requested,the Rehabilitation Specialist will inspect the work <br /> within three (3) days. <br /> 16. Closeout: When the Rehabilitation Specialist and the homeowner are satisfied that the contract <br /> has been fulfilled,the homeowner, Project Administrator and Rehabilitation Specialist will sign <br /> off on the work. All material and workmanship will be guaranteed by the contractor for a period <br /> of one (1)year from the date of completion of the work as established by Orange County's <br /> approval date of the final pay requisition. Orange County will notify the homeowner in writing <br /> of this date. <br /> 17. Post-construction conference: Following construction,the contractor and the Rehabilitation <br /> Specialist will sit down with the homeowner one last time At this conference the contractor will <br /> hand over all owner's manuals and warranties on equipment and materials to the homeowner. <br /> The contractor and Rehabilitation Specialist will go over operating and maintenance <br /> requirements for the new equipment, materials and appliances and discuss general <br /> maintenance of the home with the Homeowner.The homeowner will have the opportunity to <br /> ask any final questions about the work. <br /> 18. Final loan amount determination: If, upon completion of all rehabilitation work,the contract <br /> price has changed due to the effect of change orders and there is a need to modify the loan, <br /> NCHFA will prepare an estoppel for a loan reduction or modification agreement for loan <br /> increases as necessary at the time of closeout of the unit to modify the loan amount when there <br /> is a need for a change order involving a change in the original loan amount).The loan will <br /> remain the property of NCHFA,with original documents remaining there for storage and <br /> servicing. Please note that it is the responsibility of the owner to record an estoppel if they wish <br /> this to be reflected in the Deed of Trust. <br /> 19. The warranty period: It is extremely important that any problems with the work that was <br /> performed be reported by the homeowner to the Orange County Rehabilitation Specialist or <br /> other representative, as soon as possible in writing.All bona fide defects in materials and <br /> workmanship reported within one (1)year of completion of construction will be corrected free <br /> of charge by the contractor. <br /> What are the key dates? <br />
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