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#� 5 <br /> ORANGE COUNTY <br /> • NORTH CAROLINA <br /> • noCHCD <br /> ORANGE COUNTY HOUSING&COMMUNITY DEVELOPMENT <br /> Summary of Proposed FY 2021-2022 HOME Projects <br /> Habitat for Humanity Pee Wee Homes EmPOWERment <br /> Funding Request $450,000 $100,000 $105,000 <br /> Funding Award $434,393 $100,000 $105,000 <br /> Activity Type Homebuyer Assistance Rental Construction Rental Acquisition <br /> Project Name Fairview Homebuyer 106 Hill Street 706 Gomains Avenue <br /> Assistance <br /> Second mortgage Gap financing for Merritt Acquisition of a duplex(2 <br /> Project Description assistance for an estimated Mill, a 48 unit rental projectwith some units set aside units)to be rented to <br /> 15 Habitat home buyers low-income households <br /> for people with disabilities <br /> Project Location <br /> Fairview community Northside Neighborhood Northside Neighborhood <br /> (Hillsborough) (Carrboro) (Chapel Hill) <br /> 11 units for households 3 units for households 2 units for households <br /> Income Targeting earning 31-50%AMI and 4 0 0 <br /> earning up to 30/AMI earning up to 30/AMI <br /> units for 51-80%AMI <br /> Specific units are not <br /> targeted, but Habitat <br /> Current residents will not <br /> markets to low-income All 3 units will be rented to <br /> Population be displaced (both elderly <br /> seniors and voucher people experiencing <br /> Targeting holders(23%of most homelessness households,voucher <br /> recent homebuyer pool holders) <br /> were voucher holders) <br /> 5.67 : 1 1.06 : 1 1.29 : 1 <br /> Leveraging (total non-HOME project (total non-HOME project (total non-HOME project <br /> funding is$3 million) funding is$206,425) funding is$240,000) <br />