Orange County NC Website
60 <br /> Applicant and Project Funding Funding <br /> Requested Awarded <br /> CASA— Pre-Development and Rental Development $512,000.00 $446,489.00 <br /> Pee Wee Homes — Rental Development $50,000.00 $50,000.00 <br /> Community Empowerment Fund — Homebuyer $50,000.00 - <br /> Assistance <br /> Common Ground Eco- Village — Homebuyer Assistance 280,000.00 - <br /> EMPOWERment— Rental Acquisition 120,000.00 - <br /> Habitat for Humanity— Homebuyer Assistance 475,000.00 - <br /> Hope Renovations — Homeowner Rehabilitation 24,975.00 - <br /> Administration 10% of HOME Funds, per statute $ 42,949.60 $ 42,949.60 <br /> Total $ 1,554,924.60 $ 539,438.60 <br /> A summary of the awarded projects can be found in Attachment 3. <br /> In accordance with the Orange County HOME Consortium Agreement, approved in May 2011, <br /> the HOME Program Design for each year must be approved by all jurisdictions prior to submission <br /> to HUD. The HOME Program Design is scheduled for approval by the: <br /> • Town of Carrboro on May 2, 2023; <br /> • Town of Chapel Hill on May 3, 2023; and <br /> • Town of Hillsborough on May 8, 2023. <br /> The Board of Commissioners is therefore asked to consider approval of the attached HOME <br /> Program Design Resolution (Attachment 4). <br /> HOME Program Implementation <br /> After approval of the FY 2023-2024 HOME Program Design by all Consortium participants, <br /> authorization is requested to allow the Orange County Manager, based on the HUD allocation <br /> received, to execute agreements with partnering nonprofit organizations as necessary to <br /> implement the approved HOME Program Design. All agreements will be reviewed and approved <br /> by the County Attorney's Office. <br /> Corey Root, Housing and Community Development Director, introduced the item and <br /> reviewed the background information. <br /> A motion was made by Commissioner Fowler, seconded by Vice-Chair McKee, to adopt <br /> the Resolution authorizing submission of the FY 2023-2024 Annual Action Plan; adopt and <br /> authorize the Chair to sign the Resolution approving the proposed HOME Program Activities for <br /> FY 2023-2024; and authorize the County Manager to implement the HOME Program as approved <br /> by the BOCC, including the ability to execute agreements with partnering nonprofit organizations <br /> after consultation with the County Attorney and based on the allocation received from HUD. <br /> VOTE: UNANIMOUS <br /> 7. Reports <br /> None <br />