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Agenda - 05-02-2023; 6-a - Proposed Orange County FY 2023-2024 Annual Action Plan and HOME Activities
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Agenda - 05-02-2023; 6-a - Proposed Orange County FY 2023-2024 Annual Action Plan and HOME Activities
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4/27/2023 4:00:51 PM
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BOCC
Date
5/2/2023
Meeting Type
Business
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Agenda
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6-a
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Agenda for May 2, 2023 BOCC Meeting
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r Qs0R-, Attachment 3 <br /> � •asp- <br /> ORANGE COUNTY <br /> �.p4T 5"" NORTH CAROLINA <br /> *" <br /> CN <br /> Orange County, NC HOME Consortium <br /> FY 2023-2024 Annual Action Plan Summary <br /> Annual Goals and Objectives <br /> Sort Goal Name Start End Category Geographic Needs Funding Goal <br /> Order Year Year Area Addressed Outcome <br /> Indicator <br /> 1 Rental Construction 2023 2028 Affordable Chapel Hill Affordable $496,489.00 Construction <br /> Housing housing of 25 units <br /> acquisition <br /> Homeless <br /> Non- <br /> Homeless <br /> Special <br /> Needs <br /> Projects <br /> 1 Project Name CASA—Rental Construction <br /> Target Area County-wide <br /> Goals Supported Rental Construction <br /> Needs Addressed Housing for Low-and Moderate-Income Households <br /> Funding HOME: $359,584.37 Local Match: $86,905.03 Total: <br /> $446,489.40 (CHDO Set Aside: $32,212.00) <br /> Description Grants& loans for households at or below 80%AMI <br /> Target Date 12/31/2023 <br /> Estimate the number and type of families 22 households at or below 80%AMI <br /> that will benefit from the proposed activities <br /> Location Description 2200 Homestead Rd., Chapel Hill, NC 27516 <br /> Planned Activities • Predevelopment costs <br /> 0 New construction for rental <br />
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