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17 <br /> FY2023-24 CIP AFFORDABLE HOUSING APPLICATION <br /> SUMMARY <br /> CASA-Homestead EMPOWERment-Davie EMPOWERment- <br /> CASA-Cedar Village Horizons Circle Wentworth <br /> Funding Request $825,000 $3,533,173 $500,000 Requesting Land <br /> Conveyance <br /> Consists of three 24-unit Consists of a 32-unit Acquisition of a NOAH, <br /> residential buildings and apartment building consisting of 8 apartments. Consists of 10 units, <br /> Project Description one community building targeting households The target population targeting individuals who <br /> targeting households at or earning earn less than 30% serves those below 80% earn below 80%AMI. <br /> below 30 to 60%AMI AMI AMI <br /> #of Affordable Units 72 32 8 10 <br /> Incomes <br /> <30%AMI—28 Units <30%AMI—32 Units <30%AMI-4 Units <30%AMI—2 Units <br /> 31-60%AMI—44 Units 31-60%AMI -4 Units 31-60%AMI—8 Units <br /> Project Location Located off S Churton St, Located off Homestead Rd, Located off Franklin Street. Located off Wentworth <br /> Hillsborough, NC Chapel Hill, NC 40 Davie Circle Street, Chapel Hill, NC <br /> % Funded by County 5% 43% 18% N/A <br />