HomeMy WebLinkAboutRES-2017-037 Resolution Authorizing the Orange County FY 2017-2018 HOME Program Design RES-2017-037 OF
RESOLUTION AUTHORIZING Sa'_01Z_
THE ORANGE COUNTY FY 2017-2018 HOME PROGRAM DESIGN
BE IT RESOLVED, by the Orange County Board of Commissioners as a member of the
Orange County HOME Consortium approves the following activities for the 2017—2018 HOME
Program.
Homeownership Assistance
Funds would be allocated to Orange County Habitat for Humanity to provide deferred payment
zero interest second mortgages for ten (10) homes throughout Orange County. Homes will be
sold to households earning between 30 percent and 65 percent of the area median income.
(Requested amount: $250,000) $250,000
Acquisition
Funds would be allocated to EmPOWERment, Inc., for the acquisition of a single family
property for lease to households earning 80% or less AMI.
(Requested amount: $147,900) $ 82,000
Housing Rehabilitation
Funds would be allocated to Rebuilding Together of the Triangle to provide critical repairs,
accessibility modifications, and home performance upgrades to low-income homeowners
throughout Orange County earning less than 80% of the area median income.
(Requested amount: $100,000) $ 33,680
Housing Rehabilitation
Funds will be allocated to the Orange County Housing, Human Rights and Community
Development Department for housing rehabilitation. This program will provide rehabilitation to
owner-occupied homeowners throughout Orange County earning less than 80% of the area
median income.
(Requested amount: $65,900) $ 65,900
Program Administration $ 34,827
TOTAL FY 2017-2018 HOME PROGRAM FUNDS
$466,407
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 day of June 201
17 , 52
Mark Dorosin, C air
ratt4 (Ixco�,c� Orange County Board of Commissioners
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