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This amendment will authorize one ( 1 ) time- limited Rapid Rehousing Specialist III through <br /> December 31 , 2025 . This budget amendment provides for the receipt of these funds in the <br /> Community Development Fund , and establishes the following project ordinance : <br /> Rapid Rehousing - Compass Center ($ 165, 416) - Project # 47479 <br /> Revenues for this project : <br /> Current FY 2024-25 FY 2024-25 <br /> FY 2024-25 Amendment Revised <br /> Grant Revenue $ 157 , 208 $ 165 , 416 $322 , 624 <br /> Total Project Funding $ 157 ,208 $ 165 ,416 $322 , 624 <br /> Appropriated for this project : <br /> Current FY 2024-25 FY 2024-25 <br /> FY 2024 -25 Amendment Revised <br /> Grant Expenditures $ 157 , 208 $ 165 , 416 $ 322 , 624 <br /> Total Costs $ 157 , 208 $ 165 ,416 $322 , 624 <br /> 5 . NC Urgent Repair - The Housing Department has received notification of $ 132 , 000 in <br /> grant funds from the North Carolina Housing Finance Agency ( NCHFA) to be used toward <br /> the Urgent Repair Program . The required County match of $40 , 000 is being transferred <br /> from available funds within the same Community Development Fund . The Urgent Repair <br /> Program will assist eighteen ( 18 ) homeowners with home repairs and rehabilitation . <br /> Eligibility for the program depends on household income , with income limits set at 50 % of <br /> the County' s Area Median Income , as well as qualifying as a household with special needs <br /> including people age 62 and older , single parents , large families with 5 or more household <br /> members , children with lead hazards present in the home , as well as emergency cases . <br /> This budget amendment provides for the receipt and appropriation of these additional <br /> funds , and establishes the following 2024 NCHFA Urgent Repair Grant Project Ordinance : <br /> NCHFA Urgent Repair 2024 ($ 172, 000) - Project # 47456 <br /> Revenues for this project : <br /> Current FY 2024-25 FY 2024 -25 <br /> FY 2024-25 Amendment Revised <br /> Grant Revenue $ 0 $ 132 , 000 $ 132 , 000 <br /> Transfer from General Fund $0 $40 , 000 $40 , 000 <br /> Total Project Funding $0 $ 172 , 000 $ 1723000 <br /> Appropriated for this project : <br /> Current FY 2024-25 FY 2024 -25 <br /> FY 2024-25 Amendment Revised <br /> Grant Expenditures $ 0 $ 172 , 000 $ 172 , 000 <br /> Total Costs $ 0 $ 172 , 000 $ 172 , 000 <br /> ALIGNMENT WITH STRATEGIC PLAN : This item supports : <br /> ® GOAL 2 : HEALTHY COMMUNITY <br /> OBJECTIVE 3 . Provide social safety net programming and the resources needed for <br /> our most vulnerable community members (e . g . , veterans , unhoused people , foster <br /> children , older adults , etc . ) . <br />