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39 <br /> • <br /> ORANGE COUNTY <br /> r NOWI-H CAROLINA <br /> QwCHCD <br /> ORANGE COUNTY HOUSING&COMMUNITY DEVELOPMENT <br /> Orange County HOME Program Year(for reporting purposes) officially July <br /> starts (aligned with the County Fiscal Year) <br /> The County may begin conducting Environmental Reviews of HOME July* <br /> Awardees' projects* <br /> Organizations awarded HOME funds (HOME Awardees) may begin July* <br /> executing HOME Written Agreements with the County (also called <br /> Development Agreements)* <br /> Other HUD-required items (depending on the type of HOME project): Once Environmental <br /> Homebuyer Assistance Review and Development <br /> • Executed HOME Written Agreement between the HOME Agreement are complete <br /> Awardee and homebuyer (often 9-12 months after <br /> • Homebuyer Underwriting start of the program year, <br /> • Homebuyer Counseling depending on the HOME <br /> • Property Appraisal Awardee's project <br /> Rental or Ownership Acquisition timeline)* <br /> • Property Appraisal <br /> Tenant-Based Rental Assistance <br /> • Income Verification Forms <br /> • HOME Rental Assistance Agreement <br /> • HOME Rent Reasonableness Certification <br /> • Minimum Habitability Checklist <br /> • HOME Lease Addendum <br /> The County disburses HOME funds to HOME awardees Once the above <br /> requirements are met <br /> *Typically,organizations apply for HOME funds well in advance of when they actually need them,so most projects do not <br /> begin the Environmental Review process or enter into Development Agreements until near the end of the program year in <br /> which they applied(e.g.,spring or summer of the following calendar year) <br />