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HomeMy WebLinkAboutAgenda - 02-15-2005-8bORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: February 15, 2005 Action Agen~da~ Item No. SUBJECT: CDBG Program -IDA Program DEPARTMENT: Hcusing/Community Dev. PUBLIC HEARING: (Y/N) Yes ATTACHMENT(S): INFORMATION CONTACT: Tara L, Fikes, ext 2490 Program Summary Certificate of Completion TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To receive citizen comments prior to official close-out of the County's FY 2001 Individual Development Account (IDA) Program and authorize execution of the Certificate of Completion by the Ghair of the Board of Commissioners. BACKGROUND: In 2001, the County received $40,000 in State Community Development Block Grant (CDBG) funds for an IDA Program for first-time homebuyers with incomes below 80% of the area median income. Funds from this grant were used to match first-time homebuyer participant's savings for a downpayment to purchase their first home, The match ratio is 2:1. For example, if a participant saved $1,000 toward the down payment on a home, their savings are matched with $1,000 in CDBG fianding and $1,000 in local funding equating to a 2:1 match of local savings, Approximately 11 families fully participated in this program and purchased their first home. The grant pericd officially ended on January 31, 2005, and a summary of the program beneficiaries is attached tc this abstract, It should be noted that the original application proposed serving approximately 20 families. A total of 31 families contacted The Women's Center, program administrator of the IDA Program, with 21 approved to participate in the program. Of those 21 families, approximately 10 families were unable to continue participation due to their inability to maintain the required savings commitment. Thus, the total number of families that actually purchased homes was eleven, Therefore, approximately $33,000 of the $40,000 grant has been expended during the grant period. The remaining $7,000 will be de- obligated and retained by the Division of Community Assistance (DCA) for use in future program years, DCA staff has indicated that these funds would be available for a new funding grant for Orange County in 2005. In order to complete the grant closeout process, the N.C, Department of Commerce requires that a public hearing be held prior to the official closeout of the IDA Program to assess the performance of the County in administering the grant program, In addition, the County is required to execute the Certificate of Completion form that is included with this abstract. Ail comments received during the hearing should be reviewed to determine the level of consistency with program goals, FINANCIAL IMPACT: None RECOMMENDATION(S): The Manager recommends that the Board conduct the public hearing and authorize execution of the Certificate of Completion by the Chair on behalf of the Board of Commissioners, t6 N 61 O d m U Q 0 N } t ! O O o 0 0 0 0 0 0 0 '0 0 ~ .~ 0 0 0 0 0 0 0 0 0 0 0 0 ~ o o ~0 0 0 0 0 0 0 0 0 0 '~ o o 'O O O o o . ~O 0 0 0 O 0 0 0 0 0 0 0 0 0 0 0 ~O ~ r r r r .- r .- ~ r ~.- .- ~T J - _ E9 _ ffl - ffl ._ Efl _ (fl _ EA - Efl Efl ~ Ffl _ H9 V3 I ~f13 _ _ _ _ _ . = O O o 0 0 0 0 0 0 ~O o '%O gyp„ 0 0 0 0 0 0 0 0 0 0 0 ''"O ~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O ~ 0 0 0 0 0 0 0 0 0 0 0 ~ O V - fR fA -J ~FH EA i_ ffl - V3 ._ (fi - ~V~ t Efl KT ffl . ~ ~ ~fA _ - v L_ i ~-_ ~ X ~ x X X I ~ ~ ~ _ ~ G r ice. NO a = _ ___ X - - (X - .. _ ._ ..._ X _ __ X - _,_, !X ~ - _ - ._ _.. ._ _ tq - _- _ _ W ¢ I I ~ U - - _ _ - - ~~ 1_ _ _ _ S m X X N _ ~ = x x x m _ .... a ~- - ` - _ - - - - - - -- - . __ - ~+ y ~ X X N I W d J t ~O Z _ __ ___ _ _ __ ..__ -_ __ _ _ ~ E ~ _ ~~ _ . a ~ a - __ __ _. _ . . . _ i i ~ _ _ _ I _I - _ - - ! I ~ W 00 - - X -- - X - X - M - - - ) - I l C -I - l _ U v - -- ~ - ~ N X ~ ~ X X X ~* U - - ~ _ _ _ f'O'7 X X ( X X d' V JII . = = ___ N_ . V ._.._ r' . u7 M - 7 ~ V' .- .- N co _ O O N (O O m N 0 0 0 0 N ~ O O W W O M V O O W ~ V = V ~ N M ~ N N ~ ( m N C' C C Q _ Z Q N N N ~ N N N ~ p N N C C C p C C C p p C C N m Q m a m a m a `o m a m a m a o a m a m s .+ ~ o o a d ra m a an d p p ~ ~ ~ ~' ~ ~ ~ =~ U ~ ~ F - J I ~ I I ~n 0 O N N Certificate of Completion 1. Name of Recipient: Oranee County 3. Proiect Number: C-1 2. Grant Number: Ol-C-0894 4. Proiect Name: IDA Proeram 5. Final Statement of Costs To Be Completed B Reci ient To Be Completed B DCA Program Activity Categories a Paid Costs b Unpaid Costs c Total Costs (Col. b + c) d Approved Total Costs e a. Acquisition b. Disposition c. Public facilities and improvements (1) Senior and handicapped centers (2) Parks. plaverounds and recreation facilities (3) Neiehborhood facilities (4) Solid waste disposal facilities (5) Fire protection facilities and equipment (6) Parkine facilities (7) Public utilities. other than water and sewer (8) Water and sewer improvements (9) Street improvements (10) Flood and drainaee improvements (il) Pedestrian improvements (12) Other public facilities (13) Sewer improvements (14) Water improvements d. Clearance activities e. Public services f Relocation assistance e. Construction. rehab. and nreservation activities (1) Construction or rehab. of com. & Indust. bides. (2) Rehabilitation of privately owned buildines (3) Rehabilitation of publicly owned buildines (4) Code enforcement (5) Historic nreservation h. Development financine (I) Workinecanital (2) Machinery and equipment i. Removal of architectural barriers i. Other activities S 11.000 S I L000 k. Subtotal 11.000 11.000 I. Plannine m. Administration 520.000 520.000 n. Total 531.000 531.000 o. Less: Proeram Income Applied to Proeram Costs p. Equal: Grant Amount Applied to Proe. Costs 531.000 531.000 6. Computation of Grant Balance Description To Be Completed By Reci ient To Be Completed By DCA (a) Amount b Approved Amount c (1) Grant Amount Applied To Proeram Costs (From Line p) 53 ].000 (2) Estimated Amount Por Unsettled Third -Party Claims 0 (3) Subtotal 31.000 (4) Grant Amount Per Grant Aereement 40.000 (5) Unutilized Grant To Be Canceled (Line 4 Minus Line 31 9.000 (6) Grant Funds Received 31.000 (7) Balance of Grant Payable (Line 3 Minus Line 6)* 0 * If Line 6 exceeds L-ine 3, enter the amount of the excess on Line 7 as a negafive amount. This amount slrnll be repaid fo DCA by check, unless DCA has previously approved use of these funds. 7. Pro ram Income a) Amount of existing program income: $ ~ b) Amount of anticipated program income: $ 0 c) If program income exists or is anticipated, describe the proposed application(s): 8. Un aid Costs and Unsettled Third Part Claims List any unpaid costs and unsettled third party claims against the recipient's grant. Describe the circumstances and amounts involved. N/A 9. Remarks For DCA Use Onl 10. Certification of Reci lent It is hereby certi5ed that all activities undertaken by the Recipient with funds provided under the grant agreement identified on page t hereof; have , to the best of my knowledge, been carried out in accordance with the grant agreement; that proper provisions have been made by the Recipient for the payment of all unpaid costs and unsettled third party claims identified on page I 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 Porth 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 Name: na~GP~ r;,~P~ tr Title: ~ 11. DCA A royal 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 6, a e I ). Date Typed Name and Title of DCA Authorized Official Signature of DCA Authorized Official William A. McNeil Director, Division of Community Assistance ~ Page 2