Orange County NC Website
Browse       Search
Mark-up Version 4 <br /> ORANGE COUNTY BOARD OF COMMISSIONERS <br /> RESOLUTION AUTHORIZING <br /> THE ORANGE COUNTY FY 2022-2023 HOME PROGRAM DESIGN <br /> BE IT RESOLVED,by the Orange County Board of Commissioners, as a member of the <br /> Orange County HOME Consortium,that the Commissioners approve the following activities for <br /> the FY 2022-2023 HOME Program: <br /> Homebuyer Assistance <br /> Funds will be allocated to the Community Empowerment Fund($90,000) and Orange County <br /> Habitat for Humanity ($167,241)to provide down paym homebuyer assistance for home <br /> ownership for an estimated 26 households earning between thirty percent(30%) and eighty <br /> percent(80%) of the area median income. (The final number of homebuyers assisted may be <br /> more or less than 26 and will depend on homebuyer underwriting.) <br /> (Requested amount: $525,000) $257,241 <br /> Housing Rehabilitation/Preservation <br /> Funds will be allocated to Rebuilding Together of the Triangle to purchase replacement <br /> manufactured homes for(2) two Orange County property owners who are currently living in <br /> hazardous conditions due to deteriorating manufactured housing units. This funding will serve 1 <br /> household earning between thirty percent (30%) and fifty percent(50%) of the area median <br /> income, and 1 household earning between fifty percent(50%) and eighty percent(80%) of the <br /> area median income. <br /> (Requested amount: $150,000) $150,000 <br /> Rental Acquisition <br /> Funds will be allocated to EmPOWERment, Inc. for acquisition of one (1) rental unit in <br /> Carrboro. Units will be leased to households earning less than sixty percent(60%) of the area <br /> median income. <br /> (Requested amount: $105,000) $105,000 <br /> Program Administration $44,350 <br /> BE IT FURTHER RESOLVED, that the County Manager is hereby designated as the <br /> authorized representative of the County to act in connection with the HOME Program and to <br /> provide such additional information as may be required by the U.S. Department of Housing and <br /> Urban Development. <br /> This is the day of , 2023. <br /> Jamezetta Bedford, Chair <br /> Orange County Board of Commissioners <br /> SEAL <br />