Orange County NC Website
20 <br /> Slide#2 <br /> Available funds for 2026-27 <br /> HOME 26-27 <br /> HOME Award Amount $381,456.81 <br /> Match Amount $95,364.20 <br /> Program Income* $13,306 <br /> Administration ($38,145.68) <br /> TOTAL $451,981.33 <br /> 'Annual payments made by Community Home Trust <br /> for previous assistance to The Landings at <br /> Winnmore <br /> i-' ORANGE COUNTY <br /> NOM-I I C:AROLINA <br /> Blake Rosser said the HOME award amount is $381,456, and that when the match amount and <br /> program income are added, and the 10% administration allowance is subtracted, the consortium has <br /> approximately$450,000 to work with for the year. <br /> Slide#3 <br /> Proposed funding allocation <br /> Habitat for Humanity Repair& Rehabilitation $180,000* <br /> OC Partnership to Tenant-Based Rental $271,981.33 <br /> End Homelessness Assistance (TBRA) <br /> Administration $38,145.68 <br /> TOTAL $490,127.01 <br /> *Includes required 15% set-aside for Community Housing <br /> Development Organization (CHDO); by regulation 15% of <br /> HUD funds must be allocated to such a designated <br /> organization. Habitat qualifies as a CHDO. <br /> • �� ORANGE COUNTY <br /> • • **^I NORTH CAROLINA y FARO,' <br /> Blake Rosser said the recommendation from the Home Consortium and the local government <br /> affordable housing collaborative is to fund Habitat for Humanity's full request of$180,000 and to fund the <br />