HomeMy WebLinkAboutRES-2011-044 Resolution Authorizing the Execution of a Home Investment Partnership Program Consortium Agreement1'~~S • ~,d 11 ~ U~ ~
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RESOLUTION AUTHORIZING THE EXECUTION OF A
HOME INVESTMENT PARTNERSHIP (HOME) PROGRAM CONSORTIUM
r REEMENT
WHEREAS, on June 29, 1992, the Orange County Board of Commissioners approved participation
of the County in the Orange County HOME Consortium; and
WHEREAS, the Towns of Carrboro, Chapel Hill, and Hillsborough and Orange County are
currently members of the Orange County HOME Consortium established on or about August 3,
1992; and
WHEREAS, the current Orange County HOME Consortium Agreement expires on June 30, 2011;
and
WHEREAS, the Orange County HOME Consortium desires to continue to be considered for
eligibility under the federal HOME Program operated by the U.S. Department of Housing and
Urban Development as authorized under the National Affordable Housing Act, as amended;
NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners
authorizes the County Manager to execute the approved HOME Consortium Agreement for the
period beginning July 1, 2011, subject to a~^proval as to form by the County Attorney.
This 3rd day of May 2011.