Browse
Search
Agenda - 12-07-1999 - 9d
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
1990's
>
1999
>
Agenda - 12-07-1999
>
Agenda - 12-07-1999 - 9d
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/18/2013 2:30:36 PM
Creation date
9/22/2008 12:33:53 PM
Metadata
Fields
Template:
BOCC
Date
12/7/1999
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
9d
Document Relationships
Minutes - 19991207
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\1990's\1999
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
22
PDF
View images
View plain text
16 <br />Housing ing Bond Project Summary <br />Applicant: <br />EmPOWERment, Inc. <br />Project Title: <br />Sykes /Gomain Street Apartments <br />Request for Bond Funds: <br />$100,000 <br />Total Project Costs: <br />$409,803 <br />Bond Fund Leverage: <br />24% bond funds; 76% other funding sources <br />Project Description: <br />EmPOWERment proposes to use $100,000 in Orange County Housing Bond funds to <br />purchase two (2) existing apartment buildings on Sykes and Gomains Street in Chapel Hill, <br />renovate them and rent them to families earning less than 50% of median income. The buildings <br />have eight (8) one bedroom apartment units. <br />Target Population/Projected Outcome: <br />8 rental households with incomes at or below 50% of median income <br />Project Schedule <br />Project Completion - December 2000 <br />Long Term Affordability Vehicle <br />EmPOWERment, Inc. will own the property and will ensure that these units remain <br />affordable for at least 40 years. <br />
The URL can be used to link to this page
Your browser does not support the video tag.
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).