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HomeMy WebLinkAboutAgenda - 09-14-2021; 8-c - Approval of a Resolution Amending the Orange County FY 2021-2022 HOME Program Design 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: September 14, 2021 Action Agenda Item No. 8-c SUBJECT: Approval of a Resolution Amending the Orange County FY 2021-2022 HOME Program Design DEPARTMENT: Housing and Community Development ATTACHMENT(S): INFORMATION CONTACT: Attachment 1: Resolution Amending the Corey Root, Director, Housing & May 4, 2021 Home Community Development, 919-245- Program Design 2490 Resolution PURPOSE: To approve a resolution amending a Board resolution adopted May 4, 2021 which authorized the Orange County FY 2021-2022 HOME Program Design. BACKGROUND: The resolution to approve project activities for the 2021-2022 HOME Program, adopted by the Board on May 4, 2021, approved $105,000 in HOME funding for EmPOWERment, Inc. to acquire a duplex containing two (2) units at 706 Gomains Avenue in Chapel Hill. The original program design intended the two units to be leased to households earning less than thirty percent (30%) of the area median income. EmPOWERment, Inc. requests to amend this project to serve households earning less than sixty percent (60%) of the area median income. EmPOWERment is requesting this change based on analyzing experience gained from past projects, the makeup of both their current apartment waitlists and current requests. At their August 19, 2021 meeting, the Local Government Affordable Housing Collaborative recommended approving this change in HOME program design. FINANCIAL IMPACT: There is no financial impact associated with this item. 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. 2 • 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: There are no Orange County Environmental Responsibility Goal impacts applicable to this item. Before implementation, all HOME projects undergo Environmental Review according to HUD requirements. RECOMMENDATION(S): The Manager recommends that the Board approve and authorize the Chair to sign the resolution amending the resolution adopted on May 4, 2021 that authorized the Orange County FY 2021-2022 HOME Program Design. 3 RES-2021-058 Attachment 1 RESOLUTION AUTHORIZING THE ORANGE COUNTY FY 2021-2022 HOME PROGRAM DESIGN BE IT RESOLVED,by the Orange County Board of Commissioners, as a member of the Orange County HOME Consortium, that the Commissioners approve the following activities for the FY 2021-2022 HOME Program: Homebuyer Assistance Funds will be allocated to Orange County Habitat for Humanity to provide deferred payment zero interest mortgages to an estimated fifteen (15)homebuyers in the Fairview Community in Hillsborough earning between thirty percent (30%) and eighty percent(80%) of the area median income. (The final number of homebuyers assisted may be more or less than 15 and will depend on homebuyer underwriting.) (Requested amount: $450,000) $434,393 Rental Construction Funds will be allocated to Pee Wee Homes to finance construction of three (3) small rental units at 106 Hill Street in Carrboro. Units will be leased to households experiencing homelessness and earning less than thirty percent (30%) of the area median income. (Requested amount: $100,000) $100,000 Predevelopment Loan Funds will be allocated to EmPOWERment, Inc. for acquisition of a duplex containing two (2) units at 706 Gomains Avenue in Chapel Hill. Units will be leased to households earning less than thir sixty percent`630%) of the area median income. (Requested amount: $105,000) $105,000 Program Administration $37,874 BE IT FURTHER RESOLVED, that the County Manager is hereby designated as the authorized representative of the County to act in connection with the HOME Program 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 , 2021 Renee Price, Chair Orange County Board of Commissioners SEAL