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Agenda - 12-10-2024; 8-l - Fiscal Year 2024-25 Budget Amendment #4
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Agenda - 12-10-2024; 8-l - Fiscal Year 2024-25 Budget Amendment #4
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12/5/2024 2:11:47 PM
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12/10/2024
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Business
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Agenda
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8-l
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Agenda for December 10, 2024 BOCC Meeting
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5 <br /> OBJECTIVE 2. Invest in our infrastructure to reduce the environmental impact of the <br /> County fleet/facilities and improve safety. <br /> Housing <br /> 6. The Orange County Housing Department received a grant for $39,338 from the North <br /> Carolina Department of Health and Human Services (NCDHHS) to support the rapid <br /> rehousing program in 2025. The performance period for this grant award is January 1, 2025 <br /> — December 31, 2025. This program is administered in the Orange County Housing <br /> Department with assistance and oversight from the Orange County Partnership to End <br /> Homelessness. The program involves the provision of supportive services, tenant-based <br /> rental assistance, and related security/ utility deposits to eligible households. These funds <br /> will be allocated in the Community Development Fund, outside of the General Fund. <br /> Rapid Rehousing Emergency Solutions Grant($39,338) - Project# 71084 <br /> Revenues for this project: <br /> Current FY 2024-25 FY 2024-25 <br /> FY 2024-25 Amendment Revised <br /> Grant Funding $184,299 $39,338 $223,637 <br /> Total Project Funding $184,299 $39,338 $223,637 <br /> Appropriated for this project: <br /> Current FY 2024-25 FY 2024-25 <br /> FY 2024-25 Amendment Revised <br /> Grant Expenditures $184,299 $39,338 $223,637 <br /> Total Costs $184,299 $39,338 $223,637 <br /> 7. The Orange County Housing Department's Partnership to End Homelessness has <br /> operated in a multi-year fund for over 20 years. Over that time, there have been budgeted <br /> revenues that were never received, including funding from the towns. This amendment will <br /> correct for those absent revenues and reduces the budget by $405,240 and allow the <br /> Partnership to operate within its funding authority. This reduction in budget will not require <br /> any reduction in services. These corrections will occur in the Community Development <br /> Fund, outside of the General Fund. <br /> 8. The Town of Chapel Hill has contracted with the County's Housing Department to <br /> supplement the Longtime Homeowner's Assistance Program specifically for Town of <br /> Chapel Hill residents. The Town will provide an additional $75,000 to offset the tax bills of <br /> eligible residents in the town. <br /> ALIGNMENT WITH STRATEGIC PLAN: This item supports: <br /> • GOAL 1: HOUSING FOR ALL <br /> OBJECTIVE 2. Address need and any policy barriers to increase access to emergency <br /> shelter beds and other low-barrier housing including eviction diversion. <br />
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