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;
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 7th day of May, 2007.