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Agenda 11-16-2021; 5-b - Public Hearing on Orange County’s HOME-ARP Allocation Plan
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Agenda 11-16-2021; 5-b - Public Hearing on Orange County’s HOME-ARP Allocation Plan
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11/16/2021
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5-b
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Agenda for November 16, 2021 BOCC Meeting
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9 <br /> The Orange County, NC HOME Consortium must indicate the amount of HOME-ARP funding that is planned for <br /> each eligible HOME-ARP activity type and demonstrate that any planned funding for nonprofit organization <br /> operating assistance, nonprofit capacity building, and administrative costs is within HOME-ARP limits. <br /> Use of HOME-ARP Funding <br /> Funding Amount Percent of the Statutory <br /> Grant Limit <br /> Supportive Services TBD <br /> Acquisition and Development of Non- <br /> Congregate Shelters TBD <br /> Tenant-Based Rental Assistance TBD <br /> Development of Affordable Rental TBD <br /> Housing <br /> Nonprofit Operating TBD 5% <br /> Nonprofit Capacity Building TBD 5% <br /> Administration and Planning $205,710 15% 15% <br /> Total HOME-ARP Allocation $1,371,401 <br /> How the characteristics of the shelter and housing inventory, service delivery system, and the needs <br /> identified in the gaps analysis provided a rationale for the plan to fund eligible activities <br /> TBD <br /> HOME-ARP Production Housing Goals <br /> Estimate of the number of affordable rental housing units for qualifying populations that the <br /> Consortium will produce or support with its HOME-ARP allocation <br /> TBD <br /> Specific affordable housing rental production goal that the Consortium hopes to achieve and how it <br /> will address the Consortium's priority needs <br /> TBD <br /> Preferences <br /> 6 <br />
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