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18 <br />5. Habitat for Humanity <br />Habitat for Humanity requests $80,000 of HOME Program funds provide four second <br />mortgages; three of the homes are located in the Richmond Hills Subdivision in Efland; <br />and the fourth home is located on Cain Drive in Efland Estates where Habitat has <br />previously built eight homes, Homes will be sold to first time homebuyers earning less <br />than 50% of the area median income. In addition, buyers must live and/or work in <br />Orange County for one year prior to purchasing the home. <br />Staff Response: The Committee recommends allocating $80,000 for this project. <br />6. Habitat for Humanity <br />Habitat requests $125,000 to purchase five lots in the Winmore Subdivision in Carrboro. <br />The funds would convert into second mortgages of $25,000 each to five low income <br />first-time homebuyers when they purchase their homes, Households who have lived <br />and/or worked in Orange County far at least one year prior to applying, and who earn <br />less than 50% of the area median income would purchase the homes, <br />Staff Response: The Committee's recommendation includes $125,000 far this activity, <br />7, Habitat for Humanity <br />Habitat for Humanity requests $200,000 of HOME and/or Community Development <br />funds for surveying, engineering and design, and infrastructure costs for the <br />development of a 17 acre vacant tract of land on Sunrise Road. <br />Staff Response: The Committee does not recommend funding for this project at this <br />time due to the lack of a proposed development plan with a projected number of units <br />as well as the anticipated number of HOME-eligible beneficiaries. <br />8. Orange Community Housing and Land Trust <br />Orange Community Housing and Land Trust regtests $70,000 for Downpayment <br />Assistance to reduce the prices of seven Townhomes and condominiums in the Pacifica <br />development in Carrboro, The townhomes and condominiums, which are being <br />developed by the private sector, would be placed in the Land Trust, Eligible applicants <br />must be first time homebuyers, currently living or working in Orange County who earn <br />less than 80% of the area median income. <br />Staff Response: The Committee recommends allocating $70,000 for this request, <br />