Orange County NC Website
46 <br /> on March 9, 2024 and on May 9, 2024 made the following funding recommendations for <br /> consideration by each of the jurisdictions' elected bodies: <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 /> The CASA award includes the 15% HUD-mandated set-aside for Community Housing <br /> Development Organizations (CHDOs), which amounts to $49,547.00. A summary of the awarded <br /> projects can be found in Attachment 3. <br /> In accordance with the Orange County HOME Consortium Agreement, approved in May 2011, <br /> the HOME Program Design for each year must be approved by all jurisdictions prior to submission <br /> to HUD. The HOME Program Design was approved by the: <br /> • Town of Hillsborough on May 13, 2024. <br /> It is scheduled for approval by the: <br /> • Town of Chapel Hill on May 15, 2024; and <br /> • Town of Carrboro on May 21, 2024. <br /> The Board of Commissioners is therefore asked to consider approval of the attached HOME <br /> Program Design Resolution (Attachment 4). <br /> HOME Program Implementation <br /> After approval of the FY 2024-2025 HOME Program Design by all Consortium participants, <br /> authorization is requested to allow the Orange County Manager, based on the HUD allocation <br /> received, to execute agreements with partnering nonprofit organizations as necessary to <br /> implement the approved HOME Program Design. All agreements will be reviewed and approved <br /> by the County Attorney's Office. <br /> Blake Rosser, Interim Housing Director, introduced the item and made the following <br /> presentation: <br />