HomeMy WebLinkAboutRES-2021-026-Resolution Orange County Board of Commissioners Resolution amending the Orange County FY 2016-2017 Home Program design RES - 2021 -026 Attachment 3
ORANGE COUNTY BOARD OF COMMISSIONERS
RESOLUTION AMENDING THE ORANGE COUNTY FY 2016 -2017 HOME
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PROGRAM DESIGN
BE IT RESOLVED , by the Orange County Board of Commissioners as the governing
board for Orange County, the lead entity of the Orange County HOME Consortium, that the
Consortium approves the following amendment to activities for the 2016 -2017 HOME Program .
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Homeownership Assistance
Funds will be allocated to Orange County Habitat for Humanity to provide deferred payment
zero interest second mortgages for twelve ( 12) homes in the Fairview community in
Hillsborough and the Tinnin Woods subdivision in Efland- Cheeks Township . Homes will be
sold to households earning between 30 percent and 65 percent of the area median income .
(Requested Amount. $285, 000) $ 2859000
Housing Rehabilitation
Funds would be allocated to Rebuilding Together of the Triangle to provide critical repairs ,
accessibility modifications , and home performance upgrades to low-income homeowners
throughout Orange County earning less than 80 % of the area median income .
(Requested amount: $5Q 000) $ 509000
Tenant-Based Rental Assistance
Funds would be allocated to the Orange County Housing and Community Development
Department for tenant-based rental assistance . This program will provide tenant-based rental
assistance to Orange County renters earning less than 80 % of the area median income .
. (Requested amount: $ 114) 655) $ 1149655
Program Administration $ 309854
TOTAL FY 2016-2017 HOME PROGRAM FUNDS $ 480 , 509
This the day of May 2021 .
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Renee Price, Chair
Orange County Board of Commissioners
SEAL
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