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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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5/15/2025 10:58:17 AM
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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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43 <br /> Other opportunities for development, <br /> acquisition and down payment projects <br /> • A partial reissuance of Bond/CIP funding ($ 1.3M in <br /> previously awarded funds to abandoned projects) <br /> will be awarded later this year, giving partners an <br /> unplanned opportunity for extra funding <br /> • HUD requires that 15% of funding each year be set <br /> aside for "Community Housing Development <br /> Organizations" (CHDOs) . <br /> • This funding will still be available for qualified <br /> agencies such as Habitat, EMPOWERment, <br /> Community Home Trust, etc. <br /> 5 oRpGn <br /> • � 1y ORANGE COUNTY <br /> • � Z�1 b ? NORTH CAROLINA <br /> h CARp <br />
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