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z <br />The request has been reviewed in accordance with the above stated eligibility criteria and <br />determined eligible for reimbursement, <br />Results of Eligibility Review <br />1. Household Income: <br />a. Family #1: <br />b, Family #2: <br />c. Family #3: <br />d. Family #4: <br />e. Family #5 <br />f. Family #6 <br />g. Family #7 <br />Family of three <br />Family of two <br />Family of six <br />Family of two <br />Family of four <br />Family of five <br />Family of four <br />Annual Income: $17,066 <br />Annual Income: $24,086 <br />Annual Income: $17,680 <br />Annual Income: $21,001 <br />Annual Income: $23,000 <br />Annual Income: $41,980 <br />Annual Income: $31,200 <br />All incomes are less than 50% of the area HUD published median income with the <br />exception of Family #6 who is at 55% of the area HUD published median income. <br />2. Purchase Price: <br />$67,500 <br />3. Certification of 99 year Affordability: <br />Habitat for Humanity of Orange County, NC, Inc, certifies in writing that the four <br />homes will remain affordable to families earning less than 80% of the area median <br />income far at least ninety-nine (99) years, <br />4. Documentation of Impact Fee Payment Yes, The fee was paid at the time the <br />building permit was issued, Actual reimbursement will take place at the time that the <br />Impact Fee Agreement is executed by Habitat for Humanity, The document is <br />normally signed at the time the property is transferred to the eligible homebuyer, <br />FINANCIAL IMPACT: The balance in the County Housing Trust Fund is approximately <br />$48,536. Expenditure of $22,407 for these reimbursements will leave a balance of $26,129. <br />RECOMMENDATION(S): The Manager recommends approval of the impact fee <br />reimbursement request from Habitat far Humanity of Orange County, NC, Inc. for $22,407 far <br />seven new homes. <br />