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Results of Eligibility Review <br />1. Household Income: <br />a, Family #1: Family of four Annual Income: $15,912 <br />b. Family #2: Family of five Annual Income: $20,113 <br />c, Family #3: Family of six Annual Income: $14,400 <br />d, Family #4: Family of three Annual Income: $18,928 <br />e. Family #5 Family of four Annual Income: $20,472 <br />f, Family #6 Family of five Annual Income: $18,928 <br />All incomes are less than 50% of the area HUD published median income, <br />2. Purchase Price: $67,500 <br />3. Certification of 99 year Affordability: <br />Habitat for Humanity of Orange County, NG, Inc, certifies in writing that the four <br />homes will remain affordable to families earning less than 80% of the area median <br />income for at least ninety-nine (99) years. <br />4. Documentation of Impact Fee Payment Yes. The fee was paid at the time the <br />building permit was issued. Actual reimbursement will take place at the time that the <br />Impact Fee Agreement is executed by Habitat for Humanity and recorded in the <br />Register of Deeds Office, <br />FINANCIAL IMPACT: The FY 2005-2006 appropriation for impact fee reimbursements is <br />$101,361, Expenditure of $23,628 for these reimbursements will leave a balance of $77,733, <br />RECOMMENDATION(S): The Manager recommends that the Board approve the impact fee <br />reimbtrsement request from Habitat far Humanity of Orange County, NC, Inc, for $23.628 for <br />six (6) newly constructed homes. <br />