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RES-2022-031 ' 5-, � ( ��'G Attachment 4 <br /> 3 <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 payment assistance for home ownership for an <br /> estimated 26 households earning between thirty percent(30%) and eighty percent (80%) of the <br /> area median income. (The final number of homebuyers assisted may be more or less than 26 and <br /> will depend on homebuyer underwriting.) <br /> (Requested amount: $525,000) $257.241 <br /> HousinjZ 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 L , 2022 <br /> 4 <br /> * (hall <br /> Renee Price, Chair <br /> Orange County Board of Commissioners <br /> 5x <br /> �7 <br /> SEAL <br />