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9 <br />Orange County Affordable Housing Bond Program <br />Semiannual Project Progress Report <br />Report period ending June 30, 2003 <br />Project Sponsor: Habitat for Humanity of Orange County, NC, Inc. <br />Project Type: Homeownership/Rental <br />Income Targeting: Below 50% of area median income <br />Project Address: Rusch Hollow; Rusch Road/Rogers Road; Chapel Hill, NC <br />Program Accomplishments: <br />BOND AWARD HISTORY <br />This project was awarded $110,000 in bond funds in June 2001. Funds would be used to assist in the <br />development of 12 single-family dwelling units and five (5) special needs rental housing units. <br />The project sponsor, Habitat for Humanity, reports that this project has been delayed due to changes in Chapel <br />Hill's Land Use Management Ordinance that was adopted in January 2003. Currently, they are in the process of <br />applying for approvals for a zoning change with the County and the Town of Chapel Hill, as well as a Special <br />Use Permit from the Town of Chapel Hill. Approvals are projected to take place by December 31, 2003. A <br />Zoning Compliance Permit should be issued in May or June 2004. <br />