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z~ <br />Anticipated Beneficiaries: <br />Accomplishments.° <br />Anticipated Completion Date: <br />Development Schedule: <br />Purchase lots <br />Five (5) families earning less than 50% median <br />income <br />Five (5) housing units <br />June 2005 <br />Begin house construction (Builders' Blitz) <br />Complete construction (two homes); Sale homes <br />12/2004 <br />12/2004 - 03/2005 <br />04/2005 <br />$125,000 <br />IV. Funds would be allocated to Orange Community Housing and Land Trust to <br />provide down-payment assistance for up to seven (7) newly constructed townhouses <br />and condominiums in the planned Winmore subdivision in Carrboro. The dwelling units <br />are being developed by the private sector, and then placed in the Land Trust. Eligible <br />families would be first-time homebuyers with incomes below 80% of median income. <br />Anticipated Beneficiaries, <br />Accomplishments: <br />Anticipated Completion Date: <br />Development Schedule: <br />Begin construction <br />Project completion <br />06/2004 <br />06/2005 <br />$70,000 <br />V, Funds would be allocated to Orange Community Housing and Land Trust to <br />provide down-payment assistance far up to seven (7) newly constructed townhouses <br />and condominiums in the planned Pacifica subdivision in Carrboro, The dwelling units <br />are being developed by the private sector, and then placed in the Land Trust, Eligible <br />families would be first-time homebuyers with incomes below 80% of median income. <br />Anticipated Beneficiaries: <br />Accomplishments: <br />Anticipated Completion Date. <br />Development Schedule: <br />Begin construction <br />Project completion <br />Seven (7) families earning less than 80% median <br />income <br />Seven (7) housing units <br />December 31, 2005 <br />Seven (7) families earning less than 80% median <br />income <br />Seven (7) housing units <br />December 31, 2005 <br />01/2005 <br />12/2005 <br />$70,000 <br />