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Agenda - 09-05-2024; 8-a - Minutes
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Agenda - 09-05-2024; 8-a - Minutes
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8/29/2024 11:38:01 AM
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BOCC
Date
9/5/2024
Meeting Type
Business
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Agenda
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8-a
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Agenda for September 5, 2024 BOCC Meeting
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46 <br /> 1 on March 9, 2024 and on May 9, 2024 made the following funding recommendations for <br /> 2 consideration by each of the jurisdictions' elected bodies: <br /> 3 <br /> Applicant and Project Funding Funding <br /> Requested Awarded <br /> CASA— Rental Construction $ 500,000.00 $ 222,120 <br /> OCPEH —Tenant Based Rental Assistance $ 267,948.00 $ 136,499 <br /> EMPOWERment— Rental Acquisition $ 200,000.00 - <br /> Habitat for Humanity— Homebu er Assistance $ 300,000.00 - <br /> Administration 10% of HOME Funds, per statute $ 36,701.00 $ 36,701.00 <br /> Total $ 1,304,609.00 $ 395,320.00 <br /> 4 <br /> 5 The CASA award includes the 15% HUD-mandated set-aside for Community Housing <br /> 6 Development Organizations (CHDOs), which amounts to $49,547.00.A summary of the awarded <br /> 7 projects can be found in Attachment 3. <br /> 8 <br /> 9 In accordance with the Orange County HOME Consortium Agreement, approved in May 2011, <br /> 10 the HOME Program Design for each year must be approved by all jurisdictions prior to submission <br /> 11 to HUD. The HOME Program Design was approved by the: <br /> 12 Town of Hillsborough on May 13, 2024. <br /> 13 <br /> 14 It is scheduled for approval by the: <br /> 15 • Town of Chapel Hill on May 15, 2024; and <br /> 16 • Town of Carrboro on May 21, 2024. <br /> 17 <br /> 18 The Board of Commissioners is therefore asked to consider approval of the attached HOME <br /> 19 Program Design Resolution (Attachment 4). <br /> 20 <br /> 21 HOME Program Implementation <br /> 22 After approval of the FY 2024-2025 HOME Program Design by all Consortium participants, <br /> 23 authorization is requested to allow the Orange County Manager, based on the HUD allocation <br /> 24 received, to execute agreements with partnering nonprofit organizations as necessary to <br /> 25 implement the approved HOME Program Design. All agreements will be reviewed and approved <br /> 26 by the County Attorney's Office. <br /> 27 <br /> 28 Blake Rosser, Interim Housing Director, introduced the item and made the following <br /> 29 presentation: <br /> 30 <br /> 31 <br />
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