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10 <br /> Commissioner Carter asked how the recent movement in U.S. Treasury rates affects the county's <br /> bond timing and long-term debt service projections. <br /> Gary Donaldson responded that the planning rate of 5% has been retained and that the county's <br /> financial advisors are closely monitoring the market. He said there has not been nearlythe level of concern <br /> felt last year and that the county's strong credit profile means there is no significant budgetary impact <br /> anticipated from Treasury rate movements. <br /> A motion was made by Vice-Chair Fowler, seconded by Commissioner Bedford, to approve the <br /> final 2026A financing resolution,which authorizes the steps to complete the financing of the stated capital <br /> projects and equipment, in the form presented. <br /> VOTE: UNANIMOUS <br /> b. Discussion of Funding Request from Hope NC to Alliance Health to Support Acquisition of Units at <br /> Weaver's Grove for Supportive Housing for Adults with Intellectual/Developmental Disabilities at 30% <br /> AMI or Below <br /> The Board approved and authorized the Manager to sign a Memorandum of Agreement with Alliance <br /> Health to allocate$100,000 in funds earmarked for Orange County and held by Alliance Health to support <br /> the acquisition of four (4) townhomes at Weaver's Grove for Hope NC's affordable, supportive housing <br /> program for adults with Intellectual/Developmental Disabilities (I/DD). <br /> BACKGROUND: In April 2026, Alliance Health contacted Orange County regarding a request Alliance <br /> received from Laura Wells, Executive Director of Housing Options for People with Exceptionalities, Inc. <br /> (Hope NC). The request from Hope NC proposed $100,000 in financial assistance to support the final <br /> funding needed for the Phase 1 purchase in May 2026 of four(4)recently built townhomes at the Weaver's <br /> Grove development in Chapel Hill,North Carolina.Significant funding support for Phase 1 has already been <br /> provided to Hope NC from the North Carolina Housing Finance Agency ($569,000), a loan from the Town <br /> of Chapel Hill ($185,000) and from Hope NC's capital campaign and cash reserves ($106,000). <br /> Hope NC's mission is to create and expand safe,affordable and supportive housing options for people with <br /> I/DD. The four (4) Weaver's Grove units will be leased to eight (8) adults with I/DD at or below thirty <br /> percent (30%) of area median income (AMI) for Orange County that have supportive housing service <br /> needs.The residents will be supported by onsite Community Facilitators who will ensure their connection <br /> to critical supports in the neighborhood and the wider community. The majority of residents would be <br /> Alliance Health members and Hope NC will strive to ensure a minimum of 50% of the residents are from <br /> Orange County. Hope NC currently operates two (2) successful affordable housing programs for I/DD <br /> residents in Wake and Durham counties. This new program at Weaver's Grove will be the only available <br /> supportive affordable housing program of its kind in Orange County. <br /> Caitlin Fenhagen, Deputy County Manager, made the following presentation: <br />