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