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5 <br /> Executive Summary <br /> In accordance with the Federal Regulations found in 24 CFR Part 570, Orange County, North Carolina has <br /> prepared this Consolidated Annual Perform4ance and Evaluation Report (CAPER)for the period of July 1, <br /> 2021 through June 30, 2022, referred to as Program Year 2021 (or"PY 2021").The CAPER describes the <br /> activities undertaken during this time period for funding from the U.S. Department of Housing and <br /> Urban Development (HUD) under the HOME Investment Partnership Program (HOME).The <br /> projects/activities and accomplishments described in this CAPER principally benefited low-and <br /> moderate-income households. <br /> The Orange County, North Carolina, HOME Consortium is a Participating Jurisdiction under the U.S. <br /> Department of Housing& Urban Development (HUD) HOME Investment Partnerships Program (HOME). <br /> Under the HOME Program, local governments are able to join together to form a consortium in order to <br /> receive HOME funding for affordable housing.The Orange County HOME Consortium is made up of four <br /> members: Orange County, the Town of Carrboro, the Town of Chapel Hill, and the Town of Hillsborough. <br /> The Town of Chapel Hill also receives Federal Community Development Block Grant (CDBG)funding <br /> each year. <br /> The following is the overall program narrative based on the Five Year Consolidated Plan and Annual <br /> Action Plans.This is the CAPER for the first year of the 2020-2025 Five Year Consolidated Plan. It <br /> provides information on how the funds received by the County through the HUD programs were used, <br /> including an explanation on the leveraging and matching of funds. <br /> Funds Available <br /> Orange County had the following grant funds available during Program Year(PY) 2021,the time period <br /> of July 1, 2021 through June 30, 2022.This chart only includes funds received during PY 2021. Any other <br /> prior program year funds that were spent during PY 2021 are not included. <br /> HOME <br /> PY 2021 Entitlement Grant $378,743 <br /> Program Income $13,306 <br /> Local Match $85,218 <br /> Total Funds Available $477,267 <br /> Funds Expended <br /> The funds shown in the following chart were expended during the time period of July 1, 2021 through <br /> June 30, 2022.The only expenditures from Program Year(PY) 2021 funds were for administration; all <br /> other funds expended were prior program year funds that had not been drawn down until this time <br /> period. <br /> HOME Match <br /> PY 2021 $0 $0 <br /> CAPER 3 <br /> OMB Control No:2506-0117(exp.09/30/2021) <br />