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HomeMy WebLinkAboutAgenda - 06-13-2006-5rORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: June 13, 2006 Action Agenda Item No. $~ (' SUBJECT: Housing Bond Program DEPARTMENT: Housing/Community Dev. PUBLIC HEARING: (YIN) No ATTACHMENT(S): INFORMATION CONTACT: Location Map Tara L. Fikes, 919-245-2490 Site Map Letter to Habitat for Humanity PURPOSE: To consider awarding housing bond funds in the amount of $116,250 to Habitat for Humanity to purchase land in the Highland Woods subdivision in the Northern Fairview community in Hillsborough and authorize the Manager in consultation with the County Attorney to enter into a Development Agreement detailing the provisions of the award. BACKGROUND: In June 2004 the Board of County Commissioners (BOCC) approved a revision to the Affordable Housing Band Policy that incorporated a Land Banking Program that provides the opportunity for local organizations to utilize bond money to purchase land that becomes available in the community prior to the establishment of a firm development plan. A total of $612,500 ($352,500 in FY 1997 Housing Bond funds and $260,000 in FY 2001 Housing Band funds) was allocated for this program. An application far Land Banking funds was received on April 13, 2006 from Habitat for Humanity requesting $116,250 to purchase ten lots in the Highland Woods subdivision on Tuliptree Road in the Northern Fairview community of Chapel Hill. The property is currently vacant. Attached to this abstract are two maps highlighting the location of the property. Habitat has plans to construct a total of 10 single-family dwellings an this property for families earning up to 60% of area median income by December 31, 2008. This property is currently outside of the Hillsborough Town limits, but Habitat and the current owner have requested voluntary annexation by the Town of Hillsborough. The Town of Hillsborough, after annexation, has committed to extending the sanitary water and sewer to these lots using a combination of HOME Program funds and its own funds. Additionally, this proposed project was discussed during a joint meeting with the Town of Hillsborough earlier this calendar year. During that meeting, interest was expressed in Habitat pursuing the purchase of the undeveloped triangle between Tulip Tree Road and Locust Road that could potentially become "open space" in the neighborhood. This interest was conveyed to Habitat officials by letter from Chair Jacobs in late March 2006. A copy of the letter is attached to this abstract. At this time Habitat is currently considering this request. As required by the Orange County Housing Bond Policy, the Project Review and Selection (PRS) Committee held apre-application conference with staff from Habitat to discuss the proposed application and reviewed the submitted application. The Executive Director was then notified of the committee's recommendation and offered the opportunity to discuss the committee's funding recommendation. That offer was declined since there were no outstanding questions from the committee or Habitat officials. Members of the Project Review and Selection Committee include: County Staff Members: Gwen Harvey, Ken Chavious, Paul Thames, Craig Benedict, Perdita Holt, and Tara Fikes; Commissioners Valerie Foushee and Barry .Jacobs; and Affordable Housing Advisory Board Members Barbara Mull, Jabrina Robinson, and Allan Rosen. The Committee also includes representatives from the Towns of Carrbaro, Chapel Hill, and Hillsborough in the person of James Harris, Loryn Barnes, and Margaret Hauth respectively. After review of the application the Committee recommends the allocation of up to $116,250 in housing bond funds to assist in the purchase of the Highland Woods properties. FINANCIAL IMPACT: There is currently approximately $277,570 available for the Land Banking Program from the FY 1997 and 2001 Affordable Housing Bond Programs. This expenditure will leave a balance of $161,320.. RECOMMENDATION (S): The Manager recommends that the Board award housing bond funds in the amount of $116,250 to Habitat for Humanity to purchase land in the Highland Woods subdivision in the Northern Fairview community in Hillsborough and authorize the Manager in consultation with the County Attorney to enter into a Development Agreement detailing the provisions of the award, 0 Tuliptree Road General Location Map Miles Source: Orange County GIS 0 0.0`x.1 02 0.3 0..4 TAX MAP ~ 1 _ ~...y,--r pp~~ -q ~~~ N ~~-'- w n "i 4 b 4 .~, m ,.^ 4 ~~' N //~ ~ ...-.y .;a ~ W cn o ~ ~ d d U + e~ q ~ r ~ Z ~' P ~ ~ ~ ~ _ ~- ~ ai /j~ V~ e Q f~' y U b+~ J ~, U ~~.. 4 ~ < ~ ~ o. T ¢ < ~q i N N y~y U O 'nW-1 N ~ N ~ U ~ 4 ., N ~~ c ^ ~ ~ w m Yi ~ ~ $,,a aa~ r V T O b y ~~ ~ N 4 Ug d 4 ~ \ ~ /\ ~ 4 I ~' ~'1„ ~ r~r vi ~r/ 4 ~-~ aARRr.lncoes, cNaR ORANGE COUNTY BOARD OF COMMISSIONERS STEPHENH HALI(IOTIS VICECNAIR POST OFFICE BOX 8181 MARGARET IN. BROw~N MOSES CAREY. /R 200 SOUTH CAMERON STREET ALICEM GOROON HILLSBOROUGH, NOR'7H CAROLINA 27278 March 29, 2006 Susan Levy, Executive Director Habitat for Humanity of Orange County, NC, Inc, 1829 E. Franklin Street #12008 Chapel Hill, NC 27514 Dear Susan: During a recent joint meeting with officials from the Town of Hillsborough, there was enthusiastic discussion of your future plans in the Northern Fairview neighborhood. The purpose of this correspondence is to convey to you the sentiments of those officials present at the meeting, Specifically, we understand that you plan to acquire ten lots in the Highland Woods subdivision far development and that those lots with the eight lots you currently own would enable you to build 18 new dwelling units for purchase by first-time homebuyers, After reviewing a Site Map it was noted that there is an undeveloped triangle between Tulip Tree Road and Locust Road that could potentially become "open space" in the neighborhood. Thus, on behalf of the County and Town officials at the meeting, I am conveying their recommendation that Habitat for Humanity consider purchase of that property as well when purohasing the ten lots currently under contract, If you need additional information, please feel free to contact Housing and Community Development Director Tara L. Fikes at (919) 245-2490, Thank you for your continued commitment to providing affordable homeownership opportunities far our citizens, Sincerely, Barry .Jacobs Chair www.co.oranoe.nc.us Protecting and preserving -People, Resources, Quality of Life Orange County, North Carolina -You Count! (919J 245-2130 • FAX (9i9) 644-0246