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19 <br /> Program Source Uses of Expected Amount Available Year 1 Expected Narrative <br /> of Funds Annual Program Prior Year Total: Amount Description <br /> Funds Allocation: Income: Resources: $ Available <br /> $ $ $ Remainder <br /> of ConPlan <br /> HOME public The <br /> - Multifamily Orange <br /> federal rental new County <br /> construction HOME <br /> Consortium <br /> Single will receive <br /> family new $429,496 <br /> construction in annual <br /> for $442,802 allocation <br /> plus <br /> (not $13,306 in <br /> including program <br /> $429,496 $13,306 0 match) $341,296 income <br /> Table 2-Expected Resources—Priority Table <br /> Explain how federal funds will leverage those additional resources (private, state and local <br /> funds), including a description of how matching requirements will be satisfied <br /> The Orange County HOME Consortium uses cash as the local Match for HOME funds.The estimated <br /> Match contribution for FY 2023-2024 is $96,636.60. <br /> In addition, Orange County leverages other funds from a variety of sources to address the needs <br /> identified in the plan, including but not limited to: <br /> • Home Repair and Rehabilitation: Orange County has received funds for home repair and <br /> rehabilitation under the North Carolina Housing Finance Agency's 2021 Urgent Repair Program <br /> ($100,000) and 2020 Essential Single-Family Rehabilitation Loan Pool program ($190,000). <br /> • Emergency Housing Assistance: Orange County leverages local funds from the County and <br /> Towns, as well as CDBG and CDBG-CV funds from Chapel Hill and CDBG-CV funds awarded by <br /> the North Carolina Department of Commerce to the Towns of Hillsborough, Carrboro, and <br /> Orange County,to operate the Emergency Housing Assistance (EHA) program. EHA provides <br /> financial assistance for eviction and homelessness prevention through emergency rent, <br /> mortgage, and utility payments, as well as security deposits, application fees, and other costs to <br /> help households experiencing homelessness move in to housing. <br /> • Rapid Rehousing Program: Orange County uses HOME funds as well as ESG and ESG-CV funds <br /> from the North Carolina Department of Health and Human Services to operate a Rapid <br /> Rehousing program that provides short-to mid-term rental assistance, depending on the <br /> tenant's needs,to people experiencing homelessness, through the local Continuum of Care <br /> Annual Action Plan 15 <br /> FY 2023-2024 <br />