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r <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: May 8, 2002 <br /> Action Agenda <br /> Item No. g-g <br /> SUBJECT: Impact Fee Reimbursement—Habitat for Humanity Richmond Hills Pro ad <br /> DEPARTMENT: Housing/Comm. Development PUBLIC HEARING: (YIN) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Tara L. Fikes, eA. 2490 <br /> TELEPHONE NUMBERS: <br /> Hillsborough 7324181 <br /> Chapel HIII 961 <br /> Durham 688-7331 <br /> Mebane 336-2274031 <br /> PURPOSE: To approve the impact fee reimbursement request from Habitat for Humanity of <br /> Orange County, NC, Inc. for$24,000 for eight new homes. <br /> BACKGROUND: On November 1, 1995, the BOCC approved! a policy for impact fee <br /> reimbursement to local non-profit crganizations that met the established eligibility criteria. <br /> This policy was last revised on March 4, 1998. <br /> The policy requires the following: <br /> 1. Housing must be developed for first-time bomebuyers with incomes at of below 80% <br /> of HUD published median income for the Raleigh-DurhamChapel Hill, NC Ml <br /> 2. Affordable housing is defined as owner-ccoupied housing which can be purchased for <br /> no more than 2 5 times annual family income; and <br /> 3. The non-puf it organizaaon must certify in writing that, for owner-occupied housing, it <br /> will remain affordable to the anticipated beneficiary or benefdariee for a pedod of a <br /> minimum of ninety-nine (99)years. A Declaration of Restrictive Covenants will <br /> secure this requirement. <br /> 4. The non-profit organization is responsible for providing documentation of impact fee <br /> payment <br /> The County has received a reimbursement request for $24,000 from Habitat for Humanity of <br /> Orange County, NC, Inc. (HHOC) for eight homes being built in the Richmond Hills <br /> subdivision. HHOC has provided evidence that the impact fee for all eight homes has been <br /> paid and house construction is in varying degrees of completion. Habitat anticipates <br /> completion of these homes by June 20, 2001 <br /> The request has been reviewed in accordance with the above stated eligibility criteria and <br /> determined eligible for reimbursement. <br />