HomeMy WebLinkAboutAgenda - 12-04-2000-8pORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: December 4, 2000
Action Agenda
Item No.
SUBJECT: Impact Fee Reimbursement
DEPARTMENT: Housing/Comm. Development PUBLIC HEARING: (YIN) No
ATTACHMENT(S):
INFORMATION CONTACT:
Tara L. Fikes, ext 2490
TELEPHONE NUMBERS:
Hillsborough 732-8181
Chapel Hill 968-4501
Durham 688-7331
Mebane 336-227-2031
PURPOSE: To approve the impact fee reimbursement request from Habitat for Humanity of
Orange County, NC, Inc. for $6,000 for eight new homes.
BACKGROUND: On November 1, 1995, the BOCC approved a policy for impact fee
reimbursement to local non-profit organizations that met the established eligibility criteria.
This policy was last revised on March 4, 1998.
The policy requires the following:
1. Hauling must be developed for first-time homebuyers with incomes at or below 80%
of HUD published median income far the Raleigh-Durham-Chapel Hill, NC MSA;
2. Affordable housing is defined as owner-occupied housing which can be purchased for
no more than 2.5 times annual family income;. and
3. The non-profit organization must certify in writing that, for owner-occupied housing, it
will remain affordable to the anticipated beneficiary or beneficiaries for a period of a
minimum of ninety-nine (99) years. This requirement will be secured by a Declaration
of Restrictive Covenants.
4. The non-profit organization is responsible for providing documentation of impact fee
payment.
The County has received a reimbursement request for $6,000 from Habitat for Humanity of
Orange County, NC, Inc. (HHOC) for eight homes being built in the unincorporated areas of
the County. Specifically, six of the units are in Chestnut Oaks, the existing Habitat subdivision
in the Bingham Township and the other two are on Cain Drive in Efland. HHOC has provided
evidence that the impact fee for all eight homes has been paid and house construction is in
varying degrees of completion. Two (2) of the homes have been completed and Habitat
anticipates completion of the remaining six (6) homes by April 2001.
2
The request has been reviewed in accordance with the above stated eligibility criteria and
determined eligible for reimbursement.
Results of Eligibility Review
1. Household Income:
a. Family #1: Family of one Annual Income: $14,880
b. Family #2: Family of six Annual Income: $22,000
c. Family #3: Family of two Annual Income: $22,008
d. Family #4: Family of three Annual Income: $21,816
e. Family #5: Family of two Annual Income: $16,536
f. Family #6: Family of five Annual Income: $27,456
g. Family #7: Family of four Annual Income: $24,960
h. Family #8: Family of two Annual Income: $22,912
All incomes are less than 50% of the area HUD published median income.
Z. Purchase Price:
$67,500
3. Certification of 2Q year Affordability:
Habitat for Humanity of Orange County, NC, Inc. certifies in writing that the eleven
homes will remain affordable to families earning less than 80% of the area median
income for at least ninety-nine (99) years. In addition, Habitat retains a right of first
refusal for the life of its mortgage (20 to 30 years) on all homes it sells, and will buy
back any of the homes that would otherwise be sold to non-income eligible buyers.
4. Documentation of Impact Fee Payment Yes
FINANCIAL IMPACT: The approved 2001-02 budget included a total of $127,500 for
reimbursement of impact fees. This amount provides for reimbursements to Habitat for
Humanity ($10,500), EmPOWERment ($12,000), Orange Community Housing for Scarlet
Drive ($42,000), and First Baptist Church ($63,000). The amount for First Baptist will be
combined with funds appropriated by the Board in fiscal year 1999-00 for a total of $123,000.
This is the first reimbursement request received by the County for this fiscal year.
RECOMMENDATION(S): The Manager recommends approval of the impact fee
reimbursement request from Habitat for Humanity of Orange County, NC, Inc. for $6,000 for
eight new homes.