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Agenda 11-16-2021; 5-a - Public Hearing on 2020 Consolidated Annual Performance Report (CAPER) for the HOME Investment Partnerships (HOME) Program
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Agenda 11-16-2021; 5-a - Public Hearing on 2020 Consolidated Annual Performance Report (CAPER) for the HOME Investment Partnerships (HOME) Program
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11/11/2021 4:54:19 PM
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BOCC
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11/16/2021
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Business
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Agenda
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5-a
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Minutes 11-16-2021 Virtual Business Meeting
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\Board of County Commissioners\Minutes - Approved\2020's\2021
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40 <br /> • <br /> • ORANGE COUNTY <br /> NOWT-H CAROLINA <br /> QCHCD <br /> ORANGE COUNTY HOUSING&COMMUNITY DEVELOPMENT <br /> HOME Project Status Update <br /> Funds Awarded in the 2020 HOME Program Year <br /> In the 2020 HOME Program Year,the following awards were made (HOME Entitlement, local Match, and <br /> Program Income funds combined). <br /> Project ID 2019 HOME 2019 HOME <br /> Number Project Title/Description Budget Expenditures <br /> HOME-20-01 Habitat for Humanity—Home Ownership Assistance $94,138.00 $0 <br /> HOME-20-02 CASA— Rental Development $200,000.00 $0 <br /> HOME-20-03 EmPOWERment, Inc.— Rental Development $56,228.00 $0 <br /> N/A* Orange County—Tenant-based Rental Assistance $84,334.00 $0 <br /> HOME-20-04 Administration $37,476.10 $37,476.10 <br /> Total $472,176.10 $37,476.10 <br /> *Only HOME Match budgeted for this project,no 2020 HOME Entitlement funds.As such,this activity is not set up in HUD's <br /> reporting system,IDIS,and does not have a project ID number. <br /> As shown above, of the funds that were awarded in the 2020 Program Year(in May of 2020), only <br /> administration funds were actually disbursed in that program year.This is typical of projects that apply <br /> for and are awarded Orange County HOME funds. Organizations typically apply for HOME funds well in <br /> advance of when they actually need them, so most projects do not begin the Environmental Review <br /> process or enter into Development Agreements until near the end of the program year in which they <br /> applied (e.g., spring or summer of the following year). <br /> The current statuses of the 2020 projects are summarized below. <br /> Project ID <br /> Number Project Title/Description Status <br /> HOME-20-01 Habitat for Humanity— Home Ownership In Progress <br /> Assistance (spending down 2019 funds first) <br /> Funds Returned <br /> HOME-20-02 CASA—Rental Development (returned in spring of 2021;no longer <br /> needed due to receipt of LIHTC award) <br /> HOME-20-03 EmPOWERment, Inc.—Rental In Progress <br /> Development (currently in pre-development phase) <br /> N/A* Orange County—Tenant-based Rental In Progress <br /> Assistance (spending down 2016 and 2018 funds first) <br /> HOME-20-04 Administration Complete <br />
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