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HomeMy WebLinkAboutAgenda 12-02-19 Item 8-g - Approval of a Resolution Authorizing a Revision in the Resolution Adopted May 1, 2018 Which Authorized the Orange County FY 2018-2019 HOME Program Design 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: December 2, 2019 Action Agenda Item No. 8-g SUBJECT: Approval of a Resolution Authorizing a Revision in the Resolution Adopted May 1, 2018 Which Authorized the Orange County FY 2018-2019 HOME Program Design DEPARTMENT: Department of Housing and Community Development ATTACHMENT(S): INFORMATION CONTACT: Attachment 1: Resolution Authorizing a Emila Sutton, Director, Housing and Revision in the Resolution Community Development, (919) 245- Adopted May 1, 2018 Which 2490 Authorized the Orange County FY 2018-2019 HOME Program Design PURPOSE: To approve a resolution revising the resolution adopted May 1, 2018 which authorized the Orange County FY 2018-2019 HOME Program Design. BACKGROUND: The resolution approving the project activities for the 2018-2019 HOME program, adopted by the Board on May 1, 2018, included the approval of $60,000 to Community Home Trust (CHT) to provide homebuyer financial assistance for two (2) families in the Northside and Pine Knolls neighborhood in Chapel Hill. CHT's usual model is to acquire and sell a property simultaneously and provide direct financial assistance to the homebuyer. In this case, CHT wants to acquire a single-family property at 200 Culbreth Street and rehab it prior to selling it to an eligible homebuyer. CHT has requested that $15,000 of the Homeowner Assistance funds granted be used instead for the acquisition of this property. As a result, the newly revised Homeowner Assistance project activity is changed from two (2) families to one (1) household ("household" is the more appropriate term). Also, language that should have been included in the original resolution that the financial assistance must be provided to a household earning 80% or less AMI is added. The requested amount is reduced from $60,000 to $45,000 so that $15,000 can be transferred to the new project activity. A new Acquisition project activity is added to provide for CHT's acquisition of property for sale to a household earning 80% or less AMI. Since the intended property is not in the Northside/Pine Knoll neighborhood, this language is not included. The requested amount is $15,000, and the sum of the two project activities remains unchanged at the originally approved $60,000 and the number of intended beneficiaries remains at two (2) households. FINANCIAL IMPACT: There is no negative financial impact to the County. 2 SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable to this item: • GOAL: FOSTER A COMMUNITY CULTURE THAT REJECTS OPPRESSION AND INEQUITY The fair treatment and meaningful involvement of all people regardless of race or color; religious or philosophical beliefs; sex, gender or sexual orientation; national origin or ethnic background; age; military service; disability; and familial, residential or economic status. • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary for residents to provide shelter, food, clothing and medical care for themselves and their dependents. The creation and preservation of affordable housing options helps to meet a basic need and advances economic self-sufficiency. • GOAL: CREATE A SAFE COMMUNITY The reduction of risks from vehicle/traffic accidents, childhood and senior injuries, gang activity, substance abuse and domestic violence. Affordable housing options allow individuals to reduce risks associated with being un-housed. ENVIRONMENTAL IMPACT: The following Orange County Environmental Responsibility Goal impacts are applicable to this item: • GOAL: ENERGY EFFICIENCY AND WASTE REDUCTION Initiate policies and programs that: 1) conserve energy; 2) reduce resource consumption; 3) increase the use of recycled and renewable resources; and 4) minimize waste stream impacts on the environment. The rehabilitation of older or dilapidated housing creates an opportunity to provide for more energy-efficient elements and the enhanced use of recycled and renewable resources. RECOMMENDATION(S): The Manager recommends that the Board approve and authorize the Chair to sign the attached resolution authorizing a revision in the resolution adopted May 1, 2018 which authorized the Orange County FY 2018-2019 HOME Program Design. 3 RES-2019-073 Attachment 1 ORANGE COUNTY BOARD OF COMMISSIONERS RESOLUTION AUTHORIZING A REVISION IN THE RESOLUTION ADOPTED MAY 19 2018 WHICH AUTHORIZED THE ORANGE COUNTY FY 2018-2019 HOME PROGRAM DESIGN BE IT RESOLVED, by the Orange County Board of Commissioners as a member of the Orange County HOME Consortium approves the revision in the Resolution adopted May 1, 2018 so that there is an addition of a new Acquisition project activity and a revision in the first Homeownership Assistance project activity so that both read as follows in their entirety: Acquisition Funds will be allocated to the Community Home Trust for the acquisition of one (1) single- family property for sale to a household earning 80% or less AMI. (Requested amount: $1 S,000) $15,000 Homeownership Assistance Funds will be allocated to the Community Housing Trust to provide homebuyer financial assistance for one (1)household in the Northside and Pine Knolls Neighborhood of Chapel Hill earning 80% or less AMI. (Requested amount: $60,000) $45,000 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 is the 2nd day of December, 2019. Penny Rich, Chair Orange County Board of Commissioners SEAL