Orange County NC Website
23 <br /> Slide #5 <br /> This year Orange County has $556,591 to <br /> award for HOME projects <br /> FY 2022-2023 HOME Funds $443,496 <br /> HOME program Income $ 13,306 <br /> Local Match $ 99,767 <br /> ORANGE COUNTY <br /> HOUSING DEPARTMENT <br /> Slide #6 <br /> 5 agencies submitted progtam applications <br /> HOME <br /> Applicant and Project Request <br /> community Empowerment Fund - Flornelbuyerl $50,000 $so,oao <br /> Assistance <br /> Em-• - - $ 105,0m $ 105,000 <br /> Gateway - Dett Refinancing and Rental Units $771.&00 $0 <br /> Rehabilitation <br /> $475,000 $ 167,241 <br /> . . , <br /> $ 150,0m $150,000 <br /> :. <br /> r • $ 44.350 $ 44,350 <br /> - 1 $1,551,800 $554,591 <br /> Corey Root said it is a little unusual for an applicant to receive more money than <br /> requested, but the collaborative decided to award Community Empowerment Fund — <br /> Homebuyer Assistance more than the request because the original amount was $2,000 per <br /> homebuyer and the collaborative felt that the current housing climate called for more and <br /> increased the amount to $4,000 per homebuyer. She said that Gateway was not awarded any <br /> funds because any partial award would not have been helpful, based on conversations with the <br /> applicant. <br />