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ORANGE COUNTY <br /> 4 l <br /> ow <br /> + NORTH CAROLINA <br /> Ca'44 H C D <br /> ORANGE COUNTY HOUSING&COMMUNITY DEVELOPMENT <br /> Orange County, NC HOME Consortium <br /> FY 2021-2022 Annual Action Plan Summary <br /> Annual Goals and Objectives <br /> Goal Name Start End Category Needs Addressed Funding Goal Outcome <br /> Year Year Indicator <br /> 1 Home Buyer 2020 2024 Affordable Housing for Low-and $434,393 Direct Financial <br /> Assistance Housing Moderate-Income Assistance to <br /> Households Homebuyers:3 <br /> Households Assisted <br /> 2 Rental 2020 2024 Affordable Housing for People $100,000 Rental units <br /> Construction Housing Experiencing Homelessness constructed:3 <br /> Homeless Housing for Low-and Housing Units <br /> Moderate-Income <br /> Households <br /> 3 Housing 2020 2024 Affordable Housing for Low-and $105,000 Rental units <br /> Rehabilitation/ Housing Moderate-Income rehabilitated:2 <br /> Preservation Households Housing Units <br /> Projects <br /> # Project Name Description <br /> 1 Habitat for Humanity— Funds will be allocated to Orange County Habitat for Humanity to provide deferred payment <br /> Homebuyer Assistance zero interest mortgages to an estimated fifteen (15) homebuyers in the Fairview Community <br /> in Hillsborough earning between thirty percent(30%)and eighty percent(80%)of the area <br /> median income. (The final number of homebuyers assisted may be more or less than 15 and <br /> will depend on homebuyer underwriting.) <br /> 2 Pee Wee Homes— Funds will be allocated to Pee Wee Homes to finance construction of three(3)small rental <br /> Rental Construction units at 106 Hill Street in Carrboro. Units will be leased to households experiencing <br /> homelessness and earning less than thirty percent(30%)of the area median income. <br /> 3 EmPOWERment—Rental Funds will be allocated to EmPOWERment, Inc.for acquisition of a duplex containing two(2) <br /> Acquisition units at 706 Gomains Avenue in Chapel Hill. Units will be leased to households earning less <br /> than thirty percent(30%)of the area median income. <br /> Affordable Housing <br /> One Year Goals for the Number of Households to One Year Goals for the Number of Households <br /> be Supported Supported Through <br /> Homeless 3 Rental Assistance 0 <br /> Non-Homeless 17 The Production of New Units 3 <br /> Total 20 Acquisition of Existing Units 17 <br /> Total 20 <br />