A RESOLUTION APPROVING THE ACTIVITIES OF THE 2007-2008 HOME PROGRAM AND AMENDING THE FISCAL YEAR 2004-2005; 2005-2006; AND 2006-2007 HOME PROGRAM PLANS (2007-04-23/R-6)
WHEREAS, the Council of the Town of Chapel Hill held two public forums to receive citizen comments and proposals regarding the use of 2007-2008 HOME Program funds; and
NOW, THEREFORE, BE IT RESOLVED, by the Council of the Town of Chapel Hill that the Council approves the following activities to be carried out by the members of the Orange County HOME Consortium in 2007-2008:
1. Homeownership Assistance Orange Community Housing and
Land Trust $140,000
(Carrboro single family homes)
2. Rental Assistance Tenant Based Rental
Assistance Orange-Person-
Chatham Mental Health Initiative $ 23,883
3. New Construction Habitat for Humanity
(County-wide) $250,000
Orange Community Housing and
Land Trust $300,000
(Tax Credit Rental Project)
4. Operational Support Orange Community Housing and
Land Trust $ 30,000
5. Administration Orange County Housing
and Community Development $ 66,122
TOTAL $810,005
BE IT FURTHER RESOLVED, by the Council of the Town of Chapel Hill that the Council approves the following amendment for Fiscal Years 2004, 2005, and 2006 due to changes in project plans:
BE IT FURTHER RESOLVED, by the Council of the Town of Chapel Hill that the Council authorizes this plan to be incorporated into the Annual Update to the 2005-2010 Consolidated Plan developed with Orange County, Hillsborough and Carrboro for submittal to the U.S. Department of Housing and Urban Development on May 15, 2007.
This the 23rd day of April, 2007.