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R~opos2li for use of FY2oQQ <br />t. Gener^ai Ir~facmaiaon <br />200'I Funds <br />Name of organization: <br />Narr~e of Contact Person: P.atricfa Conn.ollY <br />Telephone Number: (919) 913-4032 ~ ~°- <br />Address: E W ver St. Suite 300 • <br />• Carrboro, NC~27510 <br />tl. Prvpo~d Project <br />~- Proje~:t title: OPC S cial Needs Housi <br />Project location: To Be Selected when funding :is receive <br />...-_~~ <br />3 <br />b. Please provide a brief swmmary of the proppsad project inciading what <br />the pr'u1~Pro9rarr+ is, what, the ftmd'~ng wilt be used for and the <br />spec~ic population or area that wiU benefit. Please attach add'itt"onal <br />• sheets if more space is needed. <br />The proposed project is far ]sousing acquisition and rehab. The target pope ~.t <br />is far the ~loraest income people who have disabi],a.ties." The fol.~.owing is a~u <br />example a£ as individual ],wing oa SSI income in NC in 1998 representing <br />• this population: Actual ~ntly Payment $494 <br />X of Median Income 23.2X <br />Sourly Aage Equivalent $3,09 <br />X of income needed to rent a one <br />bedroom apt. ia. NC (1998) 73.2% <br />• Source: °Pri.ced out %a 1998r': The Housing Cra.sis for People with Disahxlit~e <br />Tecbaica~, 9ssi.stance Co17.aboxative and the Consortium fox Citizens with <br />Aisabi,].ities Task Force. <br />Amount of Request: $180,000• <br />Tote! Project Gosts: ~iso,0U0 <br />Number proposes to be•served• $ people 4 ` 5 units <br />Target population ~ , es <br />96 Median income of project beneficiaries . Less than. 3oX <br />What is the timetable for project completion? r year <br />Are atl funding commitments in place for the project? No If •na, what is the <br />funding plan for the project? Supported housing for this population requires a real ~r <br />cvm@itment of resources. Pro'ects for this o. ulat'oa re ire e s die Tfii <br />project cannot support the type of debt other "affordable housing" projects carry. <br />rental, income is Please retwm completed dacumeret to: ~ extremely I.ov. <br />. O~Se ~tY Housing/Commt,mity Developme~ Departmerrt <br />Q.O. Box 8181 <br />~~Sborough, NC 27278 <br />by <br />AA/aRCH 2d, 2080 <br />Qranga Coun#y HOlV1E Program <br />