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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: June 29, 2000 <br />Action Agenda <br />Item No. ~~ <br />SUBJECT: Impact Fee Reimbursement--EmPOWERment, Inc. <br />DEPARTMENT: Hausing/Comm. Development PUBLIC HEARING: (Y/1~ No <br />ATTACHMENT(S): INFORMATION CONTACT: <br />Taza L. Fikes, ext 2490 <br />TELEPHONE NUMBERS: - <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031 <br />PURPOSE: To approve the impact fee reimbursement request from EmPOWERment, Inc. for $3,000 <br />for a new home constructed in Carrboro. <br />BACKGROUND: On November 1, 1995, the BOCC approved a policy for impact fee reimbursement <br />to local non-profit organizations meeting the established eligibility criteria. This policy was last revised <br />on Mazch 4, 1998 and incorporated into the Long-Term Housing Affordability Policy approved by the <br />Board in Apri12000. <br />The policy requires the following: <br />1. Housing must be developed for first-time homebuyers with incomes at or below 80% of HUD <br />published median income for the Raleigh-Durham-Chapel Hill, NC MSA; <br />2. Affordable housing is defined as owner-occupied housing which can be purchased for no more <br />than 2.5 to 3.0 times annual family income; and <br />3. The non-profit organization must certify in writing that, for owner-occupied housing, it will <br />remain affordable to the anticipated beneficiary or benef curies for a period of a minimum of <br />ninety-nine (99) yeazs or longer depending on the funding source. This requirement will be <br />secured by a Declazation of Restrictive Covenants. <br />4. The non-profit organization is responsible for providing documentation of impact fee payment. <br />The County has received a reimbursement request for $3,000 from EmPQWERment, Inc. for a new <br />home in Carrboro at 218 Broad Street. EmPOWERment has provided evidence that the impact fee far <br />the home has been paid and EmPQWERment intends to complete construction by the end of the month. <br />The request has been reviewed in accordance with the above stated eligibility criteria and determined <br />eligible far reimbursement. <br />