HomeMy WebLinkAboutRES-2009-033 Authorizing the Orange County FY 2009-2010 HOME Program Design~ ,
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RESOLUTION AUTHORIZING 5 7
THE ORANGE COUNTY FY 2009-2010 HOME PROGRAM DESIGN
BE IT RESOLVED, by the Orange County Board of Commissioners as a member of the Orange
County HOME Consortium approve the following activities for the 2009-2010 HOME Program.
Homebuyer Assistance
Funds would be allocated to the Orange Community Housing and Land Trust to assist first time
homebuyers earning less than 80 percent of the area median income to purchase homes county-wide
Funds would be provided as a grant to the Land Trust.
(Requested amount: $100, 000) $100,000
Funds would be allocated to Orange County Habitat for Humanity to provide deferred payment zero-
interest second mortgages for six homes throughout Orange County. Homes would be sold to households
earning between 30 percent and 80 percent of the azea median income.
(Requested amount: $60,000) $ 60,000
Housing Rehabilitation
Funds would be allocated to the Orange Person Chatham Mental Agency on behalf of the Chrsyalis
Foundation and Community Alternatives for Supportive Abodes (CASH) for the repair of 23 properties
owned by the Chrysalis Foundation. These units are currently leased to individuals that are disabled
and/or chronically homeless.
(Requested amount: 200, 000) $162,000
Operational Support
Funds would be allocated to Orange Community Housing and Land Trust as a Community Housing
Development Organization for administrative expenses.
(Requested amount: $30, 000) $ 30,000
New Construction
Funds would be allocated to Inter-Faith Council for pre-development costs associated with the
construction of Project Community House a new men's residential facility for homeless men in the
community.
(Requested amount: $400, 000) $185,000
Funds would be allocated to Habitat for Humanity to provide funding for infrastructure development in
the Phoenix Place project located on Purefoy Road in Chapel Hill. Habitat plans to build at least 50
dwelling units for sale to first-time homebuyers earning less than 60% of the area median income.
(Requested amount: $250,000) $208,534
Rental Assistance
Funds would be provided for rental assistance for approximately 25 low-income families leasing standazd
property in Orange County. The program will operate in a similar manner to the Section 8 Program and
provide rental subsidies for a period of two years to families at or below 50% of the area median income.
This is an extension of the Homeless Outreach work of Housing for New Hope.
(Requested amount: $S0, 000) $50,000
Program Administration $ 66,176
TOTAL FY 2009-2010 HOME PROGRAM FUNDS $861,710
BE IT FURTHER RESOLVED, that the County Manager is hereby designated as the
authorized representative of the County to act in connection with the submission of this plan and to
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provide such additional information as may be required by the U.S. Department of Housing and Urban
• Development.
This the 5th day of May 2009.
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Valerie P. ous ee, Ch
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