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HomeMy WebLinkAboutAgenda - 10-18-94 - VII-A 1 ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda , Item No \40:-)4 ACTION AGENDA ITEM ABSTRACT Meeting Date: October 18, 1994 SUBJECT: Culbreth Park Interim Assistance Grant Program DEPARTMENT: Housing/Community Dev PUBLIC HEARING YES_x NO ATTACHMENT(S) : INFORMATION CONTACT Program Summary Tara L. Fikes, x. 2490 Certificate of Completion TELEPHONE NUMBER Hillsborough 732-8181 Chapel Hill 968-4501 Mebane 227-2031 Durham 688-7331 PURPOSE: To receive citizen comments prior to official closeout of the Culbreth Park Interim Assistance Grant Program and authorize the execution of the Certificate of Completion and Public Hearing Certification by the Chair of the Board of Commissioners. BACKGROUND: Orange County was awarded a Community Development Block Grant (CDBG) Interim Assistance Grant Award of $2 .25 million dollars from the N.C. Department of Commerce for the proposed Culbreth Park Affordable Housing subdivision in April 1990. The interim assistance grant was in the form of an 18 month construction loan at two (2) percent interest. The loan $2,295,528.52 was repaid on November 5, 1991 while housing construction and sales continued. Although the loan was repaid, the grant program remained open to allow the Culbreth Park Community Development Corporation (CPCDC) additional time to build and sell these homes to the targeted number of low/moderate income first-time homebuyers. At this time, CPCDC is concluding its activity. There are fifty (50) buildable lots in Culbreth Park. Eight (8) of these lots were sold to the Town of Chapel Hill for future affordable housing development; CPCDC has built and sold 35 homes ( 19 were sold to CDBG eligible families - 16 to non-CDBG eligible families) ; and CPCDC is presently building the remaining seven (7) homes. A detailed summary is attached. In order to complete the grant closeout process, the N.C. Department of Commerce requires that a public hearing be held prior to official closeout of the Interim Assistance Program to assess the performance of the County and CPCDC during the grant program. All comments received during the hearing should be reviewed to determine the level of consistency with program goals. Additionally, the County is required to submit a Certificate of Completion along with the Public Hearing Certification with minutes of the closeout process. RECOMMENDATION: The Manager recommends authorizing the execution of the Certificate of Completion and Public Hearing Certification, which will contain minutes of tonight' s public hearing, by the Chair on behalf of the Board. 2 CULBRETH PARK SUMMARY BACKGROUND Orange County was awarded a Community Development Block Grant (CDBG) Interim Assistance Grant Award of $225 million dollars from the N.C. Department of Economic and Community Development (now the N.C. Department of Commerce) for the proposed Culbreth Park Affordable Housing subdivision in April 1990. Culbreth Park is located south of Culbreth Road adjacent to Culbreth Middle School. The subdivision was designed to have a mixture of moderate income and market rate homes: 30 low/moderate income homes; 12 market rate homes and eight (8) lots which the Town of Chapel Hill intend to purchase and make available to Habitat for Humanity to construct additional low/moderate income housing. The subdivision is a venture of the Culbreth Park Community Development Corporation who has responsibility for developing and selling the homes, and thus acted as a subrecipient of CDBG funds. A complex array of funding sources were assembled to enable 30 of the homes to be sold to low/moderate income families. These included: 1. NC Department of Commerce $2,250,000 (2% Construction Loan) 2. Town of Chapel Hill Housing Loan Trust Fund : $ 238,000 (17 second mortgages @ $14,000 each) 3. NC Housing Finance Agency Energy Conservation Program 112,500 (15 grants of $15,000 each) 4. NC Housing Finance Agency: 15 Mortgage Credit Certificates. The Culbreth Park Interim Assistance Grant Program was 18 months in duration beginning May 1, 1990 and ending October 31, 1991. LOAN EXPENDITURES The Culbreth Park Community Development Corporation expended approximately $2,226,795.19 of the $2,250,000 loan. On November 5, 1991, $2,295,528.82 was repaid for the following items. Loan Payments $2,226,795.19 Interest 55,415.85 Administration 12,563.04 Additional Interest 754.44 ($125.74 x 6 days) TOTAL $2,295,528.52 3 BUDGET SUMMARY ACTIVITY BUDGET EXPENDITURES Acquisition 588,869 588,869 Water 49,915 42,710 Sewer 263,829 263,829 Construction 557,923 557,923 Financing 254,761 254,761 Roads/Landscaping 270,463 197,927 Services 85,420 85,420 Permits, Fees 7,191 7,191 Planning/Surveying/ Engineering 155,629 155,629 Administration 16,000 12,563 Loan Interest 55,416 754 1 TOTAL $2,295,528 BENEFICIARY SUMMARY Culbreth Park Community Development Corporation (CPCDC) agreed to build 50 units in the original application. Thirty of these homes or 60% of these homes would serve those at 80% and below of area median. The other twenty were designed as market rate homes. During the course of the grant, CPCDC sold eight of the 50 lots to the Town of Chapel Hill for future development. The Town, in turn, is giving these lots to the local chapter of Habitat for Humanity for house construction. Thus, CPCDC had a remaining commitment of building 42 homes. In order to meet the 60% benefit originally proposed and assuming the Habitat will build eight houses, CPCDC must have sold twenty-two (22) of the Culbreth Park houses to low/moderate income families. To date, 35 homes have been built and sold. Of these, 19 of these families were low/moderate income according to CDBG regulations. The remaining houses were sold 4 to persons with incomes above 80% of area median income. Thus, CPCDC has obtained a 54% low/moderate income benefit level. This is less than the original proposed benefit level of 60 percent. (See attached beneficiary summary.) CPCDC currently owns seven lots. House construction is underway on all seven lots. According to CPCDC officials they have contracts on four of the seven lots which are scheduled to close this fall. They do not anticipate any of the remaining sales to be to CDBG eligible buyers. 10/05/94 5 CULBRETH PARK BENEFICIARY SUMMARY NO. FAMILY RACE INCOME 80% MEDIAN TOWN CDBG HSHOLD • SIZE TYPE 1 3 White $20,281 $31,450 Y Y FHH giNEMEglEMACENIKOMMINUMMEXEIMENIIIIIHNE 3 3 White $23,243 $31,450 Y Y FHH 4 2 White $18,841 $27,950 Y Y 5 4 White $23,080 $34,950 Y Y geniummonilimummo 7 2 White $21,802 $27,950 Y Y ELDERLY 8 2 White $22,086 $27,950 Y Y FHH 9 3 Black $22,598 $31,450 Y Y FHH INNINIONIMMICESIORMISIOCON1111111206001MMISIMINISSIENEN 11 1 White $22,000 $24,450 • Y Y FHH 12 1 White $24,263 $24,450 Y Y FHH lOGEOMMINNOMIEMZOINEWOMMENIMINEMENEWI 14 2 White $16,600 $27,950 Y Y FHH IMINCHMENIMMINIONIMPUMENNIMIONINIUMINIMEMENNEIN 16 2 Other $24,759 $27,950 Y Y 17 i 4, BIi jignagritinei$agrA 18 1 White $23,220 $24,450 Y Y 19 3 White $16,244 $31,450 Y Y FHH 20 2 White $26,734 $27,950 Y Y 21 2 Black $26,3697 $27,950 Y Y FHH 22 3 Black $21,485 $31,450 Y Y FHH 23 2 White $24,000 $28,950 Y Y 24 3 Black $30,990 $32,550 Y Y 11110:115INE2 EVARCI ..''::::::::::::::::::::::::::::::::::::::::::ROSIMMENNEN 0:082.6Wand3 iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii !ZOO:1i ISMEIHNICEIMENIMEN MOVIONIE.1 glik*k:g.D1 illent!RMI BROPI MILIESEMBEIN SUMMARY 27 L/M Homes Sold; 19 CDBG Eligible 8 Market Rate Homes Sold 35 HOMES SOLD 10/05/94 • 6 CERTIFICATE OF COMPLETION 1. NAME OF RECIPIENT ORANGE COUNTY 3. PROJECT NUMBER I—A 2. GRANT NUMBER 89—C-7953 4. PROJECT NAME CULBRETH PARK 5. FINAL STATEMENT OF COST TO BE COMPLETED BY RECIPIENT TO BE COMPLETED BY DCA. PAID UNPAID TOTAL COSTS APPROVED PROGRAM ACTIVITY CATEGORIES COSTS COSTS (COL.b&c) TOTAL COSTS (a) (b) (c) (d) (e) Activity a. Acquisition b. Disposition c. Public facilities & improvements (1) Senior & Handicapped centers • (2) Parks, playgrounds & recreational facilities (3) Neighborhood facilities (4) Solid waste disposal facilities (5) Fire protection facilities & equipment (6) Parking facilities (7) Public utilities, other than water and sewer (8) Water and sewer improvements (9) Street improvements (10) Flood & drainage improvements (11) Pedestrian improvements (12) Other public facilities d. Clearance activities e. Public services f. Relocation assistance g. Construction, rehabilitation and preservation activities (1) Construction or rehabilitation of commercial and industrial bldgs. _ (2) Rehabilitation of privately owned dwellings (3) Rehabilitation of publicly owned dwellings (4) Code enforcement (5) Historic preservation h. Development financing (1) Working capital (2) Machinery and equipment i. Removal of architectural barriers ' j. Other activities 2,239,358 2,239,358 2,239/358 k. SUBTOTAL .2,239,358 2,239,358 21239,358 I. Planning m.Administration n. TOTAL 2,239,358, . 2,239,358 2,239,358 o. Less: Program Income Applied to Program Costs p. Equal: Grant Amount Applied to Program Costs 2,239,358 2,239,358 2,239,358 6. COMPUTATION OF GRANT BALANCE TO BE TO BE COMPLETED BY COMPLETED BY RECIPIENT DCA APPROVED DESCRIPTION AMOUNT ' AMOUNT (a) (b) (c) (1) Grant Amount Applied to Program Costs (From Line p) 2,239,358 (2) Estimated Amount for Unsettled Third-Party Claims (3) Subtotal 2,239,358 (4) Grant Amount per Grant Agreement(s) 2,250,000 (5) Unutilized Grant to be Cancelled (Line 4-minus 3) 10,642 (6) Grant Funds Received 2,239,358 (7) Balance of Grant Payable (Line 3 - minus 6)* . 0 *If Line 6 exceeds Line 3, enter the amount of the excess on Line 7 as a negative amount. This amount shall be repaid to DCA by check, unless DOA has previously approved use of these funds (describe in block 8 below). CDBG#118(10-89) 7 7. UNPAID COSTS & UNSETTLED THIRD-PARTY CLAIMS List any unpaid costs and unsettled third-party claims against the recipient's grant. Describe circumstances and amounts involved. . ❑ Check if continued on additional sheet and attach. 8. REMARKS TOTAL GRANT FUNDS REPAID: . $2,226,795.19 Loan payments • 55,415.85 Interest 12,563.04 Administration 754.44 Additional interest 42,295,528.82 TOTAL PAYMENT • • 9. CERTIFICATION OF RECIPIENT It is hereby certified that all activities undertaken by the Recipient with funds provided under the grant agreement identified on page 1 hereof, have, to the best of my knowledge, been carried out in accordance with the grant agreement; that proper provision has been made by the Recipient for the payment of all unpaid costs and unsettled third-party claims identified on page 1 hereof; that the State of North Carolina is under no obligation to make any further payment to the Recipient under the grant agreement in excess of the amount identified on Line 7 hereof; and that every statement and amount set forth in this instrument is, to the best of my knowledge, true and correct as of this date. DATE TYPED NAME AND TITLE OF RECIPIENT'S SIGNATURE OF RECIPIENT'S AUTHORIZED REPRESENTATIVE AUTHORIZED REPRESENTATIVE Moses Carey, Jr., Chair Board of Commissioners. 10. DCA APPROVAL This Certification of Completion is hereby approved.Therefore, I authorize cancellation of the unutilized contract commitment and related funds reservation and obligation of$ , less $ previously authorized for cancellation. (from Section 6, line 5, page 1) DATE TYPED NAME AND TITLE OF DCA SIGNATURE OF DCA AUTHORIZED OFFICIAL AUTHORIZED OFFICIAL C118CG=118 '1-84. r F " ORANGE COUNTY COMMISSIONERS P.O. Box 8181 OCT 21 1:LT14 HILLSBOROUGH, N.C. V/1/44 27278 Moses Carey,tr;',3`d, 732-8181 , Alice M. Cordon 968-4501 Stephen H. Halkiotis k=7 ,°&1"-• // 688-7331 Verla C. Insko 227-2031 Don Willhoit 644-3004 (Fax) MEMORANDUM TO: 7:112-* FROM: Beverly A. Blythe DATE: RE: ITEM # /27:- /7 -- X/4 AGENDA DATE //G7A;4/ This item was approved by the County Commissioners. Please provide the following: 1. Three copies of the document or enough copies that will provide me with an original for my Permanent Agenda File. Please obtain all necessary signatures except for the Chair of the County Commissioners. 2 . Instructions on the disposition of the documents. Please provide addressed envelopes if necessary. You may use the bottom portion of this memo to provide this information. The Contract Procedure is on the back side of this memo. If you have any questions, please give me a call. Thank you. Z(1-1167-64 /, 07' ' I/ G1-(/ eA1A- i'vdrA/66--jr 1,17,4 zsp YOU COUNT IN ORANGE COUNTY ! CONTRACT CONTROL PROCEDURES FOR ITEMS REQUIRING SIGNATURE OF THE BOCC CHAIR The following procedure is for items which require the signature of the Chair of the County Commissioners. 1. When the abstract is submitted for the agenda, all originals of the contract, agreement, etc. stays with the originator unless all signatures have been obtained. 2 . After the item has been approved by the BOCC, the Clerk will send to the originator a sheet indicating the disposition of the item. 3 . The originator will obtain all the necessary signatures. If there is an expenditure of County funds, the document must be preaudited by the Finance Director. 4 . The documents are then sent to the Clerk to the Board for the Chair's signature. Send enough copies so that the Clerk and the Purchasing Director will have originals for their files. 5. When you send the documents for signature by the Chair, include instructions on distribution, including appropriate envelopes. 7. UNPAID COSTS & UNSETTLED THIRD-PARTY CLAIMS List any unpaid costs and unsettled third-party claims against the recipient's grant. Describe circumstances and amounts involved. . ❑ Check if continued on additional sheet and attach. 8. REMARKS • TOTAL GRANT FUNDS REPAID: $2,226,795.19 Loan payments 55,415.85 Interest 12,563.04 Administration 754.44 Additional interest 42,295,528.82 TOTAL PAYMENT 9. CERTIFICATION OF RECIPIENT It is hereby certified that all activities undertaken by the Recipient with funds provided under the grant agreement identified on page 1 hereof, have, to the best of my knowledge, been carried out in accordance with the grant agreement; that proper provision has been made by the Recipient for the payment of all unpaid costs and unsettled third-party claims identified on page 1 hereof; that the State of North Carolina is under no obligation to make any further payment to the Recipient under the grant agreement in excess of the amount identified on Line 7 hereof; and that every statement and amount set forth in this instrument is, to the best of my knowledge, true and correct as of this date. DATE TYPED NAME AND TITLE OF RECIPIENT'S SIGNATURE OF RECIPIENT'S AUTHORIZED REPRESENTATIVE AUTHORIZED REP' NTATIVE Moses Carey, Jr. , Chair Board of Commissioners 10. DCA APPROVAL This Certification of Completion is hereby approved.Therefore, I authorize cancellation of the unutilized contract commitm.'t an related funds reservation and obligation of$ , less $ previously authorized for can,: lation. (from Section 6, line 5, page 1) DATE TYPED NAME AND TITLE OF DCA SIGNATURE OF DCA AUTHORIZED OFFICIAL AUTHORIZED OFFICIAL CDBG=11B ;-84. INSTRUCTIONS FOR PREPARING CERTIFICATE OF COMPLETION Prepare original and two copies with original signatures. All dollar amounts which are entered on this form must be shown to two places past the decimal. Example: $25,000.00. Section 1. Name of Recipient— Enter the name shown in Block 1 of DCA Funding Approval Form. Section 2. Grant Number— Enter the number shown in Block 2 of DCA Funding Approval Form. Section 3. Project Number— Enter the number shown in Block 3 of .DCA Funding Approval Form. Section 4. Project Name — Enter the name shown in Block 3 of DCA Funding Approval Form. Section 5. Final Statement of Cost Column (b) Lines a thru m —For each applicable program activity category listed, enter paid costs charged to the approved grant amount or to program income and claimed as eligible for inclusion in the total program cost. Do not include costs which are charged to other fund sources, such as other State grants, Federal grants, or local funds. Line n — Enter the sum of lines a thru m. Line o — Enter the amount of program income used to pay program costs. Line p — Subtract the amount on Line o from n and enter the difference. Column (c) Lines a thru m —For each applicable program activity category listed,enter unpaid costs chargeable to the approved grant amount or to program income and claimed as eligible for inclusion in the total program costs. Unpaid costs are firmly determined costs for which payment has not as yet been made(i.e., accounts payable and relocation payments owed in the future). Do not include amounts budgeted for unsettled third-party claims. Line n — Enter the sum of Lines a thru m. Line o — Enter the amount of program income to be applied to the payment of unpaid program costs. Line p — Subtract the amount on Line o from n and enter the difference. Column (d) —Enter the sum of the amounts in Columns (b) and (c). Column(e) — For CCA use only. Section 6. Computation of Grant Balance Column (b) Line 1 — Enter the total amount shown on Line p, Column (d). Line 2 — Enter the amount budgeted for unsettled third-party claims against the recipient's grant. Unsettled third-party claims are liabilities which are contingent on the outcome of disputes involving the recipient and third-parties. This amount shall not be included in Section C. Line 3 — Enter the sum of Lines 1 and 2. Line 4 — Enter the sum of the grant amounts shown on DCA Funding Approval Form. Line 5 — Subtract the amount on Line 3 from 4 and enter the difference. Line 6 — Enter the amount of grant funds received to date through a letter of credit or other grant disbursement mechanism. Line 7— Subtract the amount on Line 6 from 3 and enter the difference. Column (c) — For DCA use only. Section 7. Unpaid Costs and Unsettled Third-Party Claims — List any unpaid costs and unsettled third-party claims,and describe the circumstances and amounts involved.The total amount of unpaid costs described must equal the amount shown on Line n,Column(c),and the total amount of unsettled third-party claims described must equal the amount shown on Line 2, Column (b). Section 8. Remarks — Self-explanatory. Section 9. Certification of Recipient— Self-explanatory. 4.° 4:0016 Of this Section 10. DCA Approval — For DCA use only. isOCUipttlt were hinted al bets 0 orapproximatelvt_ ' 0.5 CERTIFICATE OF COMPLETION 1. NAME OF RECIPIENT ORANGE COUNTY 3. PROJECT NUMBER I—A 2. GRANT NUMBER 89—C-7953 4. PROJECT NAME CULBRETH PARK 5. FINAL STATEMENT OF COST TO BE COMPLETED BY RECIPIENT TO BE COMPLETED BY CCA PAID UNPAID TOTAL COSTS APPROVED PROGRAM ACTIVITY CATEGORIES COSTS COSTS (COL.b&c) TOTAL COSTS (a) (b) (c) (d) (e) Activity a. Acquisition b. Disposition c. Public facilities & improvements (1) Senior & Handicapped centers (2) Parks, playgrounds & recreational facilities (3) Neighborhood facilities (4) Solid waste disposal facilities (5) Fire protection facilities & equipment (6) Parking facilities (7) Public utilities, other than water and sewer (8) Water and sewer improvements (9) Street improvements (10) Flood & drainage improvements (11) Pedestrian improvements (12) Other public facilities d. Clearance activities e. Public services f. Relocation assistance g. Construction, rehabilitation and preservation activities _ (1) Construction or rehabilitation of commercial and industrial bldgs. (2) Rehabilitation of privately owned dwellings (3) Rehabilitation of publicly owned dwellings (4) Code enforcement (5) Historic preservation h. Development financing (1) Working capital (2) Machinery and equipment i. Removal of architectural barriers j. Other activities 2/239/358 2,239,358 2/239/358 k. SUBTOTAL 2,239,358, 2,239,358 2,239,358 I. Planning m.Administration n. TOTAL 2,239,358 2,239,358 2,239,358 o. Less: Program Income Applied to Program Costs p. Equal: Grant Amount Applied to Program Costs 2/239/358 2,239,358 2,239,358 6. COMPUTATION OF GRANT BALANCE TO BE TO BE COMPLETED BY COMPLETED BY RECIPIENT Dt'A APPROVED DESCRIPTION AMOUNT ' AMOUNT (a) (b) (c) (1) Grant Amount Applied to Program Costs (From Line p) 2/239/358 (2) Estimated Amount for Unsettled Third-Party Claims (3) Subtotal (4) Grant Amount per Grant Agreement(s) 2,250,000 (5) Unutilized Grant to be Cancelled (Line 4-minus 3) 10/642 (6) Grant Funds Received 2,239/358 (7) Balance of Grant Payable (Line 3 - minus 6)* 0 *If Line 6 exceeds Line 3, enter the amount of the excess on Line 7 as a negative amount. This amount shall be repaid to DCA by check, unless DOA has previously approved use of these funds (describe in block 8 below). CDBG#118 (10-89) 1 0