HomeMy WebLinkAboutRES-2020-058 Resolution Approving the Orange County Application for Community Development Block Grant CBDG Funding for the Emergency Housing Assistance Fund ao ) vJSh
RES - 202M58
RESOLUTION APPROVING THE ORANGE COUNTY APPLICATION FOR
COMMUNITY DEVELOPMENT BLOCK GRANT FUNDING
FOR THE EMERGENCY HOUSING ASSISTANCE FUND
WHEREAS , the Orange County Emergency Housing Assistance fund , formerly called
the Housing Stabilization Fund, was established by the Orange County Board of Commissioners
in 2018 as part of the Risk Mitigation and Housing Displacement Fund in order to provide
emergency financial assistance to low-income residents of the County to help secure and
maintain stable housing ; and,
WHEREAS , the Orange County Board of Commissioners has previously indicated its
desire to increase funding to the Emergency Housing Assistance fund in order to stabilize
County residents and the local housing market in the wake of the COVID - 19 pandemic ; and ,
WHEREAS , the Commissioners have held two public hearings concerning the proposed
application for Community Development Block Grant funding to benefit the County ' s
Emergency Housing Assistance fund ; and,
WHEREAS , the Commissioners wish the County to pursue a formal application for
Community Development Block Grant funding to benefit the Emergency Housing Assistance
fund ; and have invested monies in the amount of eight hundred eighty thousand dollars
($ 880 , 000) from the County ' s Coronavirus Relief Fund allocation into the project as committed
to in the application .
WHEREAS , the Commissioners certify that the County will meet all federal regulatory
and statutory requirements of the State of North Carolina Community Development Block Grant
Program,
NOW, THEREFORE BE IT RESOLVED , by the Orange County Board of
Commissioners that Orange County is authorized to submit a formal application on behalf of
Orange County to the North Carolina Department of Commerce for approval of a Community
Development Block Grant to benefit the Emergency Housing Assistance fund .
Adopted this .the 6th day of October, 2020 in Orange County, North Carol ' a .
24
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Rich, C aircv� Co my Board of Commissioners
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Clerk to t e oa