HomeMy WebLinkAboutRES-2020-081 Resolution Authorizing a Revision in the Resolution Adopted June 18, 2019 Which Authorized the Orange County FY 2019-2020 HOME Program Design 3
RES-2020-081
RESOLUTION AUTHORIZING A REVISION IN THE
ORANGE COUNTY FY 2019-2020 HOME PROGRAM DESIGN
BE IT RESOLVED, by the Orange County Board of Commissioners as the lead entity of the
Orange County HOME Consortium approves the revision in the Resolution adopted June 18,2019
to allow for more than six (6) homes to be assisted through the Second Mortgage Assistance
activity such that the FY 2019-2020 HOME Program Design reads as follows in its entirety:
Second Mortgage Assistance
Funds will be allocated to Orange County Habitat for Humanity to provide deferred payment,zero
interest second mortgage for at least six (6) homes in the Fairview Community in Hillsborough
and Northside Neighborhood in Chapel Hill. Homes will be sold to households earning between
thirty percent(30%) and eighty percent(80%) of the area median income.
(Requested amount: $240,000) $181,392
Acquisition
Funds will be allocated to EmPOWERment,Inc.,for the acquisition of two(2)units for affordable
rental purposes in the Hillmont Apartment Complex in the Town of Carrboro. The units will be
leased to households earning eighty percent (80%) or less of the area median income.
EmPOWERment will also receive $60,201 in FYI 8-19 CHDO Set-Aside funds and therefore will
receive a total award of$145,201.
(Requested amount: $304,800) $85,000
Countywide Tenant Based Rental Assistance
Funds will be allocated to the Orange County Housing and Community Development Department
for assisting persons experiencing homelessness under the Rapid Re-Housing Program, as well as
the provision of general rental assistance County-wide for other eligible low-income persons.
(Requested amount: $141,004) $141,004
Program Administration
TOTAL FY 2019-2020 HOME PROGRAM FUNDS $442,426
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 day of , 2020
Chair
Orange County Board of Commissioners
SEAL