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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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BOCC
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5/2/2023
Meeting Type
Business
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Agenda
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6-a
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9 <br /> • Town of Chapel Hill Town Hall, 405 M.L.K.Jr Blvd, Chapel Hill, NC 27514; and <br /> • Town of Hillsborough Town Hall, 101 E Orange St, Hillsborough, NC 27278. <br /> Summary of public comments <br /> Public comments received during the public hearings held on April 4, 2023 in addition to comments <br /> received during the public comment period from April 1, 2023 to April 30, 2023 are summarized in <br /> section AP-12 Participation. <br /> All comments were incorporated into on the FY 2023-2024 Annual Action Plan. <br /> Summary <br /> The FY 2023-2024 Annual Action Plan for the Orange County HOME Consortium outlines which activities <br /> the County will undertake using HOME funds during the program year beginning July 1, 2023 and ending <br /> June 30, 2024.This is the County's third year of the 2020 Five-Year Consolidated Plan. <br /> During the FY 2023-2024 program year, the Orange County HOME Consortium will receive the following <br /> revenue: <br /> • FY 2023-2024 HOME Funds: $429,496, less 10%administration costs = $386,546.40 <br /> • HOME Program Income: $ 13,306 <br /> • HOME Match: $ 96,636.60 <br /> Total: $496,489 <br /> During the FY 2023-2024 HOME program year, the Orange County HOME Consortium proposes to <br /> address the following priority need categories from the 2020 Consolidated Plan: <br /> • Housing for People Experiencing Homelessness: Provide affordable rental housing for <br /> households experiencing homelessness. <br /> o Priority Level: High <br /> o Associated Goals: Rental Construction, Rental Assistance, Housing Rehabilitation/ <br /> Preservation, Grant Administration <br /> • Housing for Low-and Moderate-Income Households: Provide affordable housing (both rental <br /> and ownership)for households with moderate and low incomes, especially those with extremely <br /> low incomes. <br /> o Priority Level: High <br /> o Associated Goals: Rental Construction, Rental Assistance, Housing Rehabilitation/ <br /> Preservation, Home Ownership Construction, Home Buyer Assistance, Grant <br /> Administration <br /> PR-05 Lead & Responsible Agencies <br /> Annual Action Plan 5 <br /> FY 2023-2024 <br />
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