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Agenda 11-14-23; 12-7 - Information Item - Memorandum - Financial Report - First Quarter FY 2023-24
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Agenda 11-14-23; 12-7 - Information Item - Memorandum - Financial Report - First Quarter FY 2023-24
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11/9/2023 12:01:19 PM
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BOCC
Date
11/14/2023
Meeting Type
Business
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Agenda
Agenda Item
12-7
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7 <br /> Durham Tech Community College for Small Business Center—Durham Technical Community College <br /> This project will provide support for startup and existing entrepreneurs, with special focus on <br /> the underserved low to moderate income business community, by providing information and tools <br /> needed to develop and scale business ideas through viable, sustainable, profitable, and successful <br /> practices.Through the services provided by Durham Tech's Small Business Center(SBC), entrepreneurs <br /> receive assistance in business areas such as business planning, marketing, legal, accounting, and <br /> financial management. Note:Durham Tech has spent the amount of funding allocated and will be <br /> reimbursed by Orange County once all supporting documentation is provided. <br /> o FY 2021-22 Round 1: $70,000 <br /> o Total Spent as of First Quarter FY 2023-24: $0 <br /> o U.S.Treasury Portal Status: More than 50%complete <br /> o Note:Sub recipient has spent full amount. Once the county reimburses the sub recipient, <br /> the expense will be reflected in Total Spent. <br /> Affordable Housing—Home Repairs—Housing and Community Development <br /> This project provides funding to the Orange County Department of Housing and Community <br /> Development for assistance to low-income homeowners for urgent repairs and comprehensive housing <br /> rehabilitation.To qualify for these programs, applicants must 1) meet income eligibility restrictions; 2) <br /> own a property located in Orange County and occupy it as their primary residence; and 3) be current on <br /> their property taxes or be on an approved payment plan that is in good standing. Applications can be <br /> submitted by email, mail, or in person.These funds expanded the County's ability to finance home <br /> repairs to fix imminent threats to health and safety, provide accessibility modifications, and provide <br /> larger more comprehensive repairs to homes for homeowners to extend the usable life of their homes. <br /> o FY 2021-22 Round 1: $120,000 <br /> o Total Spent as of First Quarter FY 2023-24: $120,000 <br /> o U.S.Treasury Portal Status: Complete <br /> Housing Locator—Housing and Community Development <br /> The project covers 1.0 FTE Housing Locator position to provide client-level assistance in locating <br /> units for people exiting homelessness, people with Housing Choice Vouchers, and other people at risk of <br /> homelessness who contact the Housing Helpline.The position will work in coordination with the <br /> Housing Access Coordinator (NAC)to develop and maintain landlord relationships.This will allow the <br /> HAC to focus more completely on system-level landlord recruitment,which is not currently feasible due <br /> to demand for providing direct housing navigation support for the more vulnerable residents in housing <br /> search with vouchers in-hand. <br /> o FY 2021-22 Round 1: $28,810 <br /> o FY 2022-23 Round 1: $36,895 <br /> o Total Spent as of First Quarter FY 2023-24: $29,571 <br /> o U.S.Treasury Portal Status: Less than 50%Complete <br /> 2 <br />
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