Orange County NC Website
8 <br /> 1 Shady Acres (Shady Acres, LLC): $0 <br /> 2 Community Partner(s): NA <br /> 3 <br /> 4 The proposal requests funds to develop forty-two (42) units. Of the forty-two (42) dwellings, six <br /> 5 (6) of the units would be reserved for 30% to 60% AMI, ten (10) of the units would be reserved <br /> 6 for 60% to 80% AMI, and all units would serve a Special Needs Population of elderly residents <br /> 7 over sixty-two (62)years of age and /or Veterans with a priority on those with disabilities. Located <br /> 8 on Sawmill Road in Cedar Grove and within walking distance of Cedar Grove Community Center, <br /> 9 this subdivision would provide forty(40)dwellings, two (2)Community Gardens and a Community <br /> 10 Amphitheater with a Gathering Room attached. <br /> 11 <br /> 12 AHAB's scoring of the applications using the evaluation scoring matrix approved by the Board of <br /> 13 Orange County Commissioners earlier this year is detailed in Attachment 3. The Affordable <br /> 14 Housing Advisory Board members made the decision to exclude the Shady Acres application <br /> 15 based on the application being incomplete. <br /> 16 <br /> 17 FINANCIAL IMPACT: The FY 2023-2033 Adopted Capital Investment Plan (CIP) includes $5 <br /> 18 million in FY 2023-24 for the purpose of requesting for proposals (RFP) for Affordable Housing <br /> 19 development from nonprofit organizations involved in affordable housing and community <br /> 20 development (including faith-based organizations), for-profit developers, and joint ventures <br /> 21 between eligible non-profit and for-profit entities. Additionally, $700,000 in remaining funds are <br /> 22 included from the November 2016 bond referendum. <br /> 23 <br /> 24 Bonnie Hammersley, County Manager, made the following presentation: <br /> 25 <br /> 26 Slide #1 <br /> ORANGE COUNTY <br /> HOUSING DEPARTMENT <br /> Orange County <br /> FY2023-24 Affordable Housing RFP <br /> Board of Orange County Commissioners <br /> January 16, 2024 <br /> 27 <br /> 28 Bonnie Hammersley introduced the Interim Housing and Community Development <br /> 29 Director, Blake Rosser. She also thanked members of the Affordable Housing Advisory Board for <br /> 30 their work on this matter. <br /> 31 <br />