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Agenda - 11-05-2003-6b
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Agenda - 11-05-2003-6b
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Last modified
9/2/2008 1:16:58 AM
Creation date
8/29/2008 10:35:16 AM
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BOCC
Date
11/5/2003
Document Type
Agenda
Agenda Item
6b
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Minutes - 20031105
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\Board of County Commissioners\Minutes - Approved\2000's\2003
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Orange County Affordable Housing Bond Program <br />Semiannual Project Progress Report <br />Report period ending June 30, 2003 <br />Project Sponsor: Orange Community Housing and Land Trust <br />Project Type: Homeownership <br />Income Targeting: Between 65-80% of area median income <br />Project Address: Legion Road Townhouses; 1731-1757 Legion Road; Chapel Hill, NC <br />Program Accomplishments: Fourteen (14) townhouses <br />BOND AWARD HISTORY <br />This 14-unit project was awarded $140,000 in bond funds in December 1999. The Development Agreement was <br />signed in August 2000 and construction completed in September 2001; thirteen months after the Development <br />Agreement was in place. <br />CIARY INFORMA' <br />Address Family Size Family Income % Median Racial <br />Cate or Subsidy Amount <br />Legion Road 1 $35,137 80% White $10,000 <br />Legion Road 1 $34,000 80% White $10,000 <br />Legion Road 1 $30,695 80% Black $10,000 <br />Legion Road 1 $34,500 80% White $10,000 <br />Legion Road 2 $41,998 80% White $10,000 <br />Legion Road 1 $32,200 80% White $10,000 <br />Legion Road 2 $33,470 80% White $10,000 <br />Legion Road Z $35,636 80% White $10,000 <br />Legion Road 3 $42,173 80% White $10,000 <br />Legion Road 2 $39,000 80% White $10,000 <br />Legion Road 2 $36,000 80% White $10,000 <br />Legion Road 1 $32,291 80% Other $10,000 <br />Legion Road 1 $30,250 80% White $10,000 <br />Legion Road 2 $34,000 80% White $10,000 <br />
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