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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 20, 2021 <br /> Action Agenda <br /> Item No. 5-a <br /> SUBJECT: Public Hearing on FY 2021-2022 Annual Action Plan for the HOME Investment <br /> Partnerships Program <br /> DEPARTMENT: Housing and Community <br /> Development <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Attachment 1 : Draft FY 2021-2022 Annual Emila Sutton, Director, Housing and <br /> Action Plan Summary Community Development, (919) 245- <br /> Attachment 2: Summary Sheet for FY 2490 <br /> 2021-2022 Proposed <br /> Projects <br /> PURPOSE: To hold a public hearing on the Annual Action Plan for the HOME Investment <br /> Partnerships Program. <br /> BACKGROUND: Every year, state and local governments ("Participating Jurisdictions") that <br /> receive HOME Investment Partnerships Program ("HOME") funds from the U.S. Department of <br /> Housing and Urban Development ("HUD") are required to complete an Annual Action Plan that <br /> lays out how they will allocate HUD funds for the upcoming program year in order to address the <br /> goals and priorities in the Consolidated Plan. A summary of the draft Annual Action Plan for FY <br /> 2021-2022 is provided at Attachment 1. <br /> For FY 2021-2022, Orange County anticipates receiving the following HOME resources: <br /> FY 2021-2022 HOME Funds $ 378,743 <br /> FY 2020-2021 HOME Funds $ 200,000 <br /> returned by CASA * <br /> HOME Program Income $ 13,306 <br /> Local Match $ 85,218 <br /> Total $ 677,267 <br /> *CASA elected to return its award due to receiving a Low-Income Housing Tax Credit award, which filled their funding <br /> gap; thus, HOME funds were no longer needed. <br /> The above amounts are estimates and may be adjusted according to the actual allocation <br /> received from HUD. A summary of each of the above projects can be found in Attachment 2. <br />