HomeMy WebLinkAboutRES-2010-036 Resolution Authorizing the Orange County FY 2010 HOME Program~ . ~C~ID -0 3 6
RESOLUTION AUTHORIZING `may ~ r !~
THE ORANGE COUNTY FY 2010-2011 HOME PROGRAM DESIGN ~/
BE IT RESOLVED that the Orange County Board of Commissioners as a member of the
Orange County HOME Consortium approve the following activities for the 2010-2011 HOME Program.
Homebuver Assistance
Funds would be allocated to the Orange Community Housing and Land Trust to assist f rst 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: $75, 000) $ 75,000
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 area median income.
(Requested amount: $300,000) $150,000
Housing Rehabilitation
Funds would be allocated to the Orange County Single Family Housing Rehabilitation for the repair of
scattered substandard dwellings occupied by low-income families with incomes below 80% of area
median income.
$124,312
Funds would be allocated to the Inter-Church Council far the repair of two (2) low-income apartment
complexes in Chapel Hill.
(Requested amount: $298, 718) $100,000
Ouerational Suaaort
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: $300,000) $115,000
Funds would be allocated to ARC of North Carolina to provide funding to assist with the construction of
a four unit apartment building for four (4) low-income families with developmental disabilities.
(Requested amount.• $400, 000) $150,000
Prouerty Acquisition
Funds would be provided to EmPOWERment to assist in the acquisition of rental property in Chapel Hill
for lease to one low-income family at or below 50% of the area median income.
(Requested amount: $155, 000) $ 75,000
Program Administration
$ 72,827
TOTAL FY 2010-2011 HOME PROGRAM FUNDS $892,139
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
provide such additional information as may be required by the U.S. Department of Housing and Urban
Development.
This the 6th day of May 2010.
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Valerie P. Foushee, Chair
SEAL
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