Orange County NC Website
ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: November 15, 2005 <br />Action Agendar <br />Item No. 5-T <br />SUBJECT: Impact Fee Reimbursement <br />DEPARTMENT: Housing/Comm. Development PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />INFORMATION CONTACT: <br />Tara L, Fikes, (919) 245-2490 <br />PURPOSE: To approve the impact fee reimbursement request from Habitat far Humanity of <br />Orange County, NC, Inc, for $23,628 for six new homes. <br />BACKGROUND: On November 1, 1995, the BOCC approved a policy for impact fee <br />reimbursement to local non-profit organizations that met the established eligibility criteria. <br />This policy was last revised on March 4, 1998, <br />The policy requires the following: <br />1. Housing must be developed for first-time homebuyers with incomes at or below 80% <br />of HUD published median income for the Raleigh-Durham-Chapel Hill, NC MSA; <br />2, Affordable housing is defined as owner-occupied housing which can be purchased far <br />no more than 2,5 times annual family income; and <br />3, The non-profit organization must certify in writing that, for owner-occupied housing, it <br />will remain affordable to the anticipated beneficiary or beneficiaries for a period of a <br />minimum of ninety-nine (99) years, A Declaration of Restrictive Covenants will <br />secure this requirement. <br />4. The non-profit organization is responsible for providing documentation of impact fee <br />payment. <br />The County has received a reimbursement request for $23,628 from Habitat for Humanity of <br />Orange County, NC, Inc. (HHOC) for six (6) new homes -four houses in the Rusch Hollow <br />subdivision in Chapel Hill and two homes in the Richmond Hills subdivision in Efland. HHOC <br />has provided evidence that the impact fee for all homes has been paid and the houses have <br />been sold to low-income homebuyers. <br />The request has been reviewed in accordance with the above stated eligibility criteria and <br />determined eligible for reimbursement. <br />