HomeMy WebLinkAboutRES-2022-031-RESOLUTION AUTHORIZING THE ORANGE COUNTY FY 2022-2023 HOME PROGRAM DESIGN RES - 202M31 Attachment 4
ORANGE COUNTY BOARD OF COMMISSIONERS
RESOLUTION AUTHORIZING
THE ORANGE COUNTY FY 2022 -2023 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 2022 -2023 HOME Program .
Homebuyer Assistance
Funds will be allocated to the Community Empowerment Fund ($ 90 , 000 ) and Orange County
Habitat for Humanity ($ 167 , 241 ) to provide down payment assistance for home ownership for an
estimated 26 households 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 26 and
will depend on homebuyer underwriting . )
(Requested amount: $ 525, 000) $ 257 *241
Housing Rehabilitation/Preservation
Funds will be allocated to Rebuilding Together of the Triangle to purchase replacement
manufactured homes for (2) two Orange County property owners who are currently living in
hazardous conditions due to deteriorating manufactured housing units . This funding will serve 1
household earning between thirty percent (30 %) and fifty percent ( 50 %) of the area median
income , and 1 household earning between fifty percent (50 %) and eighty percent ( 80 %) of the
area median income .
(Requested amount: $ I50) 000) $ 1509000
Rental Acquisition
Funds will be allocated to EmPOWERment, Inc . for acquisition of one ( 1 ) rental unit in
Carrboro . Units will be leased to households earning less than sixty percent (60 %) of the area
median income .
(Requested amount: $ 105, 000) $ 1059000
Program Administration $ 449350
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 , 2022
Renee Price , Chair
Orange County Board of Commissioners
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