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e <br />1 <br />ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: December 7, 1999 <br />Action Agenda <br />Item No. <br />SUBJECT: Housing Bond Program Awards <br />DEPARTMENT: Housing/Comm. Development PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />Evaluation Criteria <br />Evaluation Criteria Summary <br />Project Summaries <br />Complete Project Proposals <br />INFORMATION CONTACT: <br />Tara L. Fikes, ext 2490 <br />(under separate cover) TELEPHONE NUMBERS: <br />Hillsborough 732 -8181 <br />Chapel Hill 968 -4501 <br />Durham 688 -7331 <br />Mebane 336 -227 -2031 <br />PURPOSE: To approve projects for the Orange County Housing Bond Program. <br />BACKGROUND: <br />In November 1997, Orange County voters approved a $1.8 million dollar housing bond issue. Funds are <br />to be used for affordable housing initiatives in three areas: land acquisition, housing development, and <br />homeownership programs. This is the first housing bond issue approved in the County. <br />On April 7, 1998, the Board of County Commissioners appointed a Housing Bond Policy Task Force with <br />membership from a representative of the seventeen (17) local non -profit housing organizations and <br />associations. The Task Force developed a proposed Housing Bond Policy that was approved by the Board <br />on December 15, 1998. <br />After the policy was completed, Request for Proposals were solicited from existing county housing non- <br />profit organizations. Approximately, ten (10) proposals were received in July, August, and September <br />from interested organizations. The Project Review Committee has reviewed these proposals and make the <br />following recommendations. <br />Project Title <br />Funding Recommendation <br />Number of Units <br />a. New Construction <br />i. Orange Community Housing <br />$450,000 <br />32 townhouses <br />Corporation — Meadowmont <br />ii. Scarlett Drive <br />$140,000 <br />14 townhouses <br />b.Land Acquisition <br />i. Habitat for Humanity — <br />$460,000 <br />44 single family dwellings <br />Efland/Cheeks <br />ii.EmPOWERment, Inc. — <br />$90,000 <br />4 condominiums <br />Pine Hill Drive <br />