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4 <br /> RESOLUTION AUTHORIZING <br /> THE ORANGE COUNTY 2002-2003 HOME PROGRAM DESIGN <br /> BE IT RESOLVED,by the Orange County Board of Commissioners as a member of the Orange <br /> County HOME Consortium approve following activities for the 2002-2003 HOME Program. <br /> New Construction <br /> Funds would be allocated to Habitat for Humanity, an approved Community Housing Organization <br /> (CHDO)to assist in the construction of 12 detached single family dwellings and 6 rental units on Rusch <br /> Road in Chapel Hill. <br /> (Requested amount: $150,000) $50,000 <br /> Property Acquisition <br /> Funds would be used to assist the Orange-Person-Chatham Mental Health Agency acquire, and if <br /> necessary, rehabilitate houses in Orange County for rental occupancy by County residents with <br /> disabilities. <br /> (Requested amount: $200,000) $75,000 <br /> Funds would be allocated to Residential Services,Inc.to purchase an existing home for adults with <br /> autism. <br /> (Requested amount: $75,000) $75,000 <br /> Funds would be allocated to Affordable Rentals, Inc. to assist in the purchase of a duplex rental unit on <br /> McMasters Street in Carrboro for lease to low income families with incomes at 50% and below of <br /> median income. <br /> (Requested amount: $70,000) $70,000 <br /> Funds would be allocated to the Community Revitalization Loan Program to support the purchase, <br /> rehabilitation,and resale of housing to eligible first-time homebuyers. $100,000 <br /> (Requested amount: $100,000) <br /> Funds would be allocated to the Town of Chapel Hill to assist the Town Department of Housing <br /> purchase one dwelling unit to provide transitional housing for a public housing family transitioning to <br /> permanent housing. <br /> (Requested amount: $90,000) $90,000 <br /> Homebuyer Assistance <br /> Funds would be allocated to Habitat for Humanity to provide three(3)deferred second mortgages to <br /> first-time homebuyers with incomes below 80% of median income. <br /> (Requested amount: $40,000) $40,000 <br /> Funds would be allocated to Orange Community Housing and Land Trust to provide down-payment <br /> assistance for up to 22 newly constructed homes in two planned subdivisions in Chapel Hill. Eligible <br /> families would be first-time homebuyers with incomes below 80%of median income. <br /> (Requested amount: $77,000) $ 77,000 <br /> Funds would be allocated to EmPOWERment to provide up to 10 deferred second mortgages to first- <br /> time homebuyers with incomes below 80%of median income. <br /> (Requested amount: $150,000) $100,000 <br /> Program Administration $48,100 <br /> TOTAL PROGRAM FUNDS $ 663,217 <br /> BE IT FURTHER RESOLVED, that the Manager is hereby designated as the authorized <br /> representative of the County to act in connection with the submission of this plan and to provide such <br /> additional information as may be required by the U.S.Department of Housing and Urban Development. <br /> This the 16th day of April 2002. <br />