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Agenda 05-20-25; 5-b - Public Hearing on Draft HOME 2025 Annual Action Plan (AAP)
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Agenda 05-20-25; 5-b - Public Hearing on Draft HOME 2025 Annual Action Plan (AAP)
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5/20/2025
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Agenda
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5-b
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Agenda for May 20, 2025 BOCC Meeting
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20 <br /> Although there are limited resources available to address the needs identified in the Consolidated Plan, <br /> the Town and the Consortium member jurisdictions are continuously collaborating to maximize what <br /> resources are available and develop new ones. <br /> AP-20 Annual Goals and Objectives <br /> Goals Summary Information <br /> Sort Goal Name Start End Category Geographic Area Needs Funding Goal <br /> Order Year Year Addressed Outcome <br /> Indicator <br /> 1 Repair and 2025 2027 Affordable Hillsborough Housing for $146,038.00 Repair or <br /> Rehabilitation Housing Low-and Rehabilitation <br /> Moderate- of 15 units. <br /> Income <br /> Households <br /> 2 Tenant Based 2025 2026 Affordable Orange County Housing for $146,038.00 Rental <br /> Rental Housing People Assistance for <br /> Assistance Experiencing 12 <br /> Homelessness Homelessness households. <br /> 3 Acquisition 2025 2027 Affordable Carrboro/Orange Housing for $51,543.00 Acquisition of <br /> Housing County Low-and 1 unit. <br /> Moderate- <br /> Income <br /> Households <br /> Table 3—Goals Summary <br /> Goal Descriptions <br /> 1 Goal Name Repair and Rehabilitation <br /> Goal Repair and Rehabilitation for owner-occupied units, prioritizing units at 50%AMI or <br /> Description below <br /> 2 Goal Name Tenant Based Rental Assistance <br /> Goal Tenant Based Rental Assistance for twelve currently homeless households. <br /> Description <br /> 3 Goal Name Expand Existing Affordable Housing Stock to Prevent Displacement: <br /> Goal Acquisition of affordable housing to preserve 1 unit of affordable housing. <br /> Description <br /> Annual Action Plan 18 <br /> FY 2025-2026 <br />
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