HomeMy WebLinkAboutAgenda - 08-05-1996 - IX-A f
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ORANGE COUNTY
BOARD OF COMMISSIONERS
Action Agenda
Item No] �
Action Agenda Item Abstract
Meeting Date: August 5, 1996
SUBJECT: Merritt Mill Square
DEPARTMENT: Housing/Community Dev. Public Hearing YES NO_x_
Budget Amendment
Needed YES NO x
ATTACHMENT(S): INFORMATION CONTACT
Tara L. Fikes, 2490
Project Summary
TELEPHONE NUMBER
Hillsborough 732-8181
Chapel Hill 968-4501
Mebane 227-2031
Durham 688-7331
Purpose: To consider a request from Empowerment, Inc. a non-profit community development
corporation for$30,000 to assist in the acquisition of Merritt Mill Square in Chapel Hill.
Background: Empowerment, Inc., a non-profit community development corporation, is pursuing the
acquisition of Merritt Mill Square (formerly known as the Mason Motel) in order to preserve the ten rental
units presently offered in the community. For the past several years, Merritt Mill Square has offered
affordable efficiency units for lower income individuals.
The total cost of acquisition and renovation costs are estimated to be $305,000. After acquisition,
Empowerment, Inc. intends to renovate the property and make the units available to single room
occupancy units for low income Orange County residents. The corporation is working to assemble
financing from a variety of sources including: The Town of Carrboro, Town of Chapel Hill, Orange
County and BBBT. Specifically, they have received a $20,000 commitment from the Town of Chapel
Hill contingent upon financial contributions from the Town of Carrboro and Orange County as well as an
initial verbal commitment from BBBT. They plan to ask the Town of Carrboro for a $10,000 contribution
on August 13. Also, the Orange Community Housing Corporation has indicated their willingness to
relinquish $50,000 in 1996 HOME funds which had been allocated for site improvements at the Scarlett
Drive. This reallocation of HOME funds will require the approval of all participating jurisdictions as well
as the approval of the State HUD Office.
Empowerment, Inc. was incorporated by Myles Preslar and Tremain Myles and they are working to
assemble a Board of Directors committed to their mission of community building. The organization is in
the process of receiving tax exempt status from the Internal Revenue Service.
This request for funding was received in July, after the present year budget was adopted. Therefore, there
are no funds budgeted for this purpose in the 1996-97 fiscal year.
A Project Summary is attached for additional information.
Recommendation:As the Board decides.
ir,„ �..UMM rojUSt PAUE 0"
F- M EndROWERment, bait.
A Wet Str+seNCarrbo%NC 27510#Mt
TO: Cbiemea Md hkmbera of the image Cotmty Caannisairnuxs
FROM: TUMM Kyles ad Myks P Meta,Dieecsoes
RE: 114 Met=itt Mill Road
DATE: 24 hrly 1996
The housing era*,hcmS Orange County is vat only w develop new affa dsble bousm*but to prrevent the loss of
existing bossing stack as wdL This ooamsM a-P) c in danger of losing acme of the but remaining units of single
room ocivpatt ) botusmg. RamPOWERAWK Inc. is aiwow iutg to pea dine Merritt MA Square and is requesting
that OMW C Kj $30,000 to p a t the lass of these tea amts of aSx6d to rectal horning.
EmPOWERrsat, Inc. is a moll oflt oansummity devdopownt cwporation We are comatittW to eommg that
Omp County remains a diverse and vkrm coommummay and that those wM work m this aommussify can atEaed to
live Lase. Side working adahs no aOo[dabie rmtai bousimg is the eonkmannity whme they live and work
Located in the Mdway aces,Mec m mu S9 0M hots feats sever d rinks a 0 a P 4 atiatd"dMiCIET alms far k"M-
income W&vi hwk- This homing bsa povided a neoeaaary steppi 9-slues oat of the berm*m shssdaer or local
substance-base meat pogeamr,and though a has not always beta ihtae tar umia have helped
mmy working pm individola to avoid homdeattaa.
Last month we kacar>d that as wt-of-sgae invam was;prepaing to p these snits ad coormt them to a
different we TfwN*this piopuly has chma@W bride many times is Las nand!yaw been maiaaaiaad as mental
ho mint To pievest the bas of thus afEi ftb nod units EmPOWERmest,Inc.has submitted a bid to purchase
and manage the paopaty. Morrill Mid Sgsstee (a]L& Myron Mosel) has preseaae 1 a sage of public safety
eoete:etas over tee bR savant gars` The coat proeamkity of oor agke,and our experkm wad with homeless
MW low-isoome esdivideds,vM erml*us so opergk a antis and soppoative apartment aommasmty. u is is the best
iastetest of the satire ooaasatmity that this property be wed by an organization that is pd?Cleat and cspabk of
arm . the hdw is a aocidly rwpossduk utasaer.
The told COW of aognisi m wlu be aady$235,000, and reamboa coats will require as additional SM,000.
Planned nownAioaa inchiie banding kkdk rm ma ach wait,perfoFmm*tumor apsars as well as inmsprorisg rise
aesthetic tgtpasrasoe of the papesty to belles nmepnte these nails into the ovaad revitalization simapr for the
Midway assn. Rawavmm coats use taxed as esti mom from Resoloae Caawrsegon CowfW.
We are aaamh1. 8 themosciag free a variety of aP 11 F Ia. Orange CoUwmxa9Y Houdag aappoats renppsopriat;toa of
$30,000 in HOIt+fE gawk m this pmjoa and W&T has wade an imi-M cmamibmai to lead a co ao ht--of Ieaders
to provide aig,*GCM llam cft Chnpd Hill Teo w*eormmimd$20,000 tattncd the Pat on ooaditiood apps the
fin—Sal I ;j a I I of Orwsge t oumW and Canbaao. We wail request attppmt km Carrheao ere the Eras scbedtded
meei a Augaar. We axe resspreatir g that Orange Cam combcabuse$60,000 to,srard the pass:hme of tbow suits.
Orange Camtl flsoea a coutimmoms of homm maiK then shdaer ON tie homelesm to Wmadomi bmmg to
a![ordoble haaaeow'sseealip. ReaaosmW priced and soft rcmW units we noeded at eaasuse that worlkirtg poor single
doais ere not priced eta of the housing sosaehet The an saes at 114 Merritt Mill Sgnsre are a vital
asamstmity reaonaoe; and maiataisiaR rheas snits is for ante cost efi'ecove thaw pmcbning land and r wu*
rheas m ii daewhere.
We bm attached a Pro Potato for YM aevmw. Plum do not hesmae to contact m d dd You have any questions.
qua..-A =it 14 .00 1=RUM-ur-L: MtNIAi. etitALIM iU yid�iei1112 PAGE 3/4
AtWJm3M 1
114 Micritt MR Raid
Pro Fora
ROMM An"
GTm Rem (10 nvits Q$325) $39,000
Vacancy Cogency(15%) SAW
Effective Caoss RM 33,200
O Es"a
waberlSewe Elotic 8,400
3,780
Management! (15%) 5,850
1rawanoc sm
Roma 600
Totd Operaoeg zVem s 19430
,Nate i wooe 14,070
pew 14,070
ftw�Coats
AcqWxkbo 255,680
RebabWfttim SIM
TaMA Coles 30 888
SIR=eElwoft
HOME 54,000
Lx4 Coons 60,000
Loan 160,000-175,000
Gras
20,000-35,000
Toesl Fumb 305
..u� -��-no •-' a/ cacura urn Oitw.ML_. nnry to av a..��lbl i it eNAGE 4/4
EmPOWERment, Inc.
705 A Woo Rareawy Steed*Carr Wm NC 275160(919)9611-779
EnWOVVERwest,Ise.a a camnmm(ty devdopme t Mpocameopmetawnew modeb of
bmWft Dmbkm solving acid social aedvo w mobilise!ow-uwaw eommumam to build shared vwon amd pmmr
for papewvc wmo slay developman and social cbnw-
Ccm amity davetopmM is aAaut buibcIft seramgas eommnnitks—brmgitag pea*together to-Pat P,a shssed
vision for oanm mx*cbmgr,pis maraud sWw and eon building on suengft to sohv I*cW
problems,and achieving gteamr a mmgc sett and snare po mdd potitital ii i
A cownu mat to oomaraaity bul4mg is tbie of our wok. EUROWIRmeot,kc•sctks to mcseasa the
capacity of law-inooeae eormaaamities to tb dr own vim for community dmclopareat soot to an-}tar
aestive powa to innwa0e s-rai CO=fat eonmauoitydtiven community dcvdop n mat pmjwm T-aM&alt of our
projects we will strive to bound trust,revM am friendsbvs the individuals and communities inva het
EmpownMCOL I= WIC aftm IM nosaw thtoogh:
• Lce�atfkt+dsblt iottsrq;opaeoa�ensure larw�t pespit ors out ptiioed eat of fbee oaarrbaet.
Coed ac Lion isnmesmyto 'nffr"t-ftpwc=Gfgwbificatimthsisd6PIScWglOw4=Dm
w&vximb and ftsub s fi+om their oommdtia s. EmPOWStmeM lnc all WPM load groups wodring to
de I flttadabk housing,itdtiase x0 halal boos ft&veWV=w l r*p nit as well as advocM for ass
murcmd aomnatm d oo affior+dabk l >iom tltt Towas of Catrboto and Cfaapd H&
Developft a tra%aig Irate ter aw►-i mmw leadws is bMd daft tv+r ta+wnurat7 time. TbwoO
this year tong insusaft 12-15 low-ioaome his wilt deveipp lades and argwiziog sisals to cat
and/or an y-based that respaa&to ties cemmtoaity's items and weds.
FAs M*&WNCIO&and kvdv ft%W4000M pstapie is tie 1p,no, ha pt FSectWe and wde*ra d
poll-id patficlp dm is essecial to etmtae-hat lad govatttoeat represents old citi> m of the Canbwo and
Chrpd Aid!oosam nom" BmFCOWf RmcK bw-will wade to mcma+e thtpecoiripW"aid puma of br-
iaooare commuaities ias the podioid process toitml sttsoegies iachde voter rt I si - -,ma and
with ekeud officials and goversa t MA and pahbd amd e'000mic edbcrrnos
worlobmc
• CamasiR ww wabb efeceemok dcvdepaiertat to build 3 weadtti. Red eooaamic anatmucy
does sot odds for all te idwts of tie Cbspd MR and Carrbosa comm EnO WERMC04 LW.wig
devdop projecxs than bad►Ww4wome find=build wealth aid plasne economo. growth. Boammmic projects
will iadade job n *ad piaoemeot sava s,b omeowaersb p*sswtsm sod advocacy for a liym wags.
EmPOWFReical,tar-sod's W amts-kwaaoonte oomaaaoiM to build the Skills aad via w RUMMY to psamooe
mew models of oorso-ms ity daebpwsn thaw Napa-the dignity and atpality of all teodeatrs of Chapd dill atd
Cardwo sad p■aviide 1 paamid--fw pwaan d davelopusent and mmmrimity tsaodo sbon.
For mope in tumbait,pkaw 000tact us at(919)9674M9.