HomeMy WebLinkAboutAgenda - 08-05-1996 - IX-C 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
Action Agenda
Item No�Ux__
Action Agenda Item Abstract
Meeting Date: August 5, 1996
SUBJECT: Impact Fee Reimbursement Policy
DEPARTMENT: Housing/Community Dev. Public Hearing YES NO_x
Budget Amendment
Needed YES NO x
ATTACHMENT(S): INFORMATION CONTACT
Tara L. Fikes, 2490
Revised Policy
TELEPHONE NUMBER
Hillsborough 732-8181
Chapel Hill 968-4501
Mebane 227-2031
Durham 688-7331
Purpose: To approve a revised Impact Fee Reimbursement Policy for Housing Development
Agencies.
Background: On November 1, 1995, the BOCC approved a policy for impact fee reimbursement to
local non-profit organizations meeting the established criteria. The eligibility criteria included only non-
profit housing organizations producing single family housing for first-time homebuyers at or below 80%
of area median income. Since adoption, the need for reimbursement of fees paid for rental property
developed for low income families has become more acute.
Thus, the applicability of the policy for rental housing has been reconsidered and language has been
proposed to include rental housing developed by non-profit and non-profit organizations. The proposed
revision in the current policy is indicated in bold in the Impact Fee Reimbursement Policy Eligibility
Criteria section.
Recommendation:
The Manager recommends approval of a revised Impact Fee Reimbursement Policy for Housing
Development Agencies.
2
IMPACT FEE REIMBURSEMENT POLICY
Eligibility Criteria:
1. Any 501 (c)(3) non-profit organization which develops single family housing for first-
time homebuyers with incomes at or below 80% of the HUD published area median
income for the Raleigh/Durham MSA.
2. Any 501 (c)(3) non-profit organization which develops rental housing utilizing
the Low Income Housing Tax Credit Program administered by the N.C.
Housing Finance Agency and/or any HUD sponsored housing development
program designed to serve renters at or below 60% of area median income for
the Raleigh/Durham MSA.
3. Any for-profit organization which develops rental housing utilizing the Low
Income Housing Tax Credit Program administered by the N.C. Housing
Finance Agency or any HUD sponsored housing development program
targeting elderly(age 60+) residents at or below 60%of area median income for
the Raleigh/Durham MSA.
Procedure:
1. Written request should be submitted to the Orange County Housing and
Community Development Department not more than sixty(60) days prior to
anticipated date building permit will be obtained. The request should include a
description of the anticipated beneficiary(homeowner), a detailed individual house
construction budget and an estimated completion date.
If funding is unavailable in the current fiscal year budget, the Housing and
Community Development Director will notify the non-profit organization at this
time and no further review will take place until funds are identified for this
purpose.
2. Requests will be reviewed within 15 working days and the Housing and
Community Development Director will make a recommendation to the County
Manager for his review and recommendation.
3. The County Manager's recommendation will be placed on the next Board of County
Commissioners meeting consent agenda for final approval. The Manager will
notify the applicant of the recommendation and the date the BOCC will make the
final decision. The Manager or his/her designee will inform the applicant of the
BOCC decision in writing within five working days of the meeting.
4. If the recommendation is favorable, funds will be distributed to the non-profit
organization after the impact fee has been paid by the requesting agency.
5. The Housing and Community Development Director will communicate the
decision to the Planning Department and the Finance Department.
6. The non-profit organization is responsible for providing written documentation of
impact fee payment to the Housing and Community Development Department.
After notification, the Finance Department will be asked within five working days
to prepare a check for the organization.
7. All funding recommendations will be good for a period of six months from the
date of approval. If the building permit is not obtained within that time period,
the organization must reapply for funding.
Effective: July 1, 1995
Approved: November 1, 1995