Orange County NC Website
16 <br /> 1 Slide #2 <br /> $769,6$0 in remaining bond fund + $5m <br /> CIP finding for affordable housing <br /> $15 million in CIP funds allocated for <br /> affordable housing development <br /> • $5 million FY 23-24 <br /> • $5 million in FY 26-27 <br /> • $5 million in FY 29-30 <br /> Staff propose $5.7m available via RFP for <br /> affordable housing developers in summer <br /> 2023 <br /> rel<',?�s,i!(,E ( iil,lil I`•` <br /> O HOUSING DEPARTMENT <br /> 2 <br /> 3 Slide #3 <br /> 2016 $5m affordable housing bond helped to <br /> create/preserve 477 units <br /> Developer <br /> CASA Perry Place $1.37 m Rental 48 <br /> Development <br /> EmPOWERment 116 Cole St&606 $475,700 Acquisition 7 <br /> Bynum St <br /> Habitat Crescent $925 000 Ownership 24 <br /> Magnolia Development <br /> Self-Help Homestead $1.5 m Rental 117 <br /> Gardens Development <br /> Site 100 <br /> Habitat Weavers Grove $134,160 improvement&homes+ <br /> Homeownership 136 lots <br /> EmPOWERment PEACH $700,000 Rental 10 <br /> Apartments Development <br /> Chase Park Rental <br /> InChuCo Apartment $165,840 40 <br /> building stairwells Rehabilitation <br /> 4 <br /> 5 <br /> 6 <br />